$1,999,999
114 Franklin ST
Santa Cruz, CA, 95060
7+ CAP Investment Opportunity! CAP rate above 7 is uncommon for multi-unit properties in Santa Cruz. Fully leased five-unit income property in prime Santa Cruz location. Property consists of a 2-bedroom main home, two detached studios (including a Jr. ADU), and two detached 2-bedroom/1-bath ADUs. All units are currently occupied, providing stable in-place rental income. Conveniently located near Highway 1, Santa Cruz Beach Boardwalk, UCSC, downtown Santa Cruz, and restaurants. Great opportunity for investors seeking a multi-unit investment property in an ideal location.
Property Details
Price:
$1,999,999
MLS #:
ML82036301
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
699notdefined
Listed Date:
Feb 25, 2026
Total Sq Ft:
2,685
Lot Size:
6,186 sqft / 0.14 acres (approx)
Year Built:
1980
Schools
School District:
Other
Interior
Cooling
NO
Heating
ELC
Exterior
Parking Spots
5
Parking Total
-5
Roof
CMP
Financial
Taxes
$25,000
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Map
Current real estate data for Commercial in Santa Cruz as of Apr 10, 2026
22
Commercial Listed
138
Avg DOM
$3,383,677
Avg List Price
Community
- Address114 Franklin ST Santa Cruz CA
- CitySanta Cruz
- CountySanta Cruz
- Zip Code95060
Similar Listings Nearby
Property Summary
- 114 Franklin ST Santa Cruz CA is a Commercial for sale in Santa Cruz, CA, 95060. It is listed for $1,999,999 To schedule a showing of MLS#ml82036301 at 114 Franklin ST in Santa Cruz, CA, contact your James Outland agent at 8057482262.
Courtesy of Raeid Farhat Real Estate Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 114 Franklin ST
Santa Cruz, CA