Realtyna\MlsOnTheFly\Components\CloudPost\SubComponents\RFClient\SDK\RF\Entities\RFProperty Object
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[ID] => 512829
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114 Franklin Street, Santa Cruz, California 95060
Active
114 Franklin Street, Santa Cruz, California 95060
114 Franklin Street, Santa Cruz, California 95060
Description
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.
Address
Open on Google Maps- Address 114 Franklin Street, Santa Cruz, California 95060
- City Santa Cruz
- State/county CA
- Zip/Postal Code 95060
Details
Updated on September 9, 2026 at 10:52 pm- Property ID: ML82036301
- Price: $1,999,999
- Property Size: 2685 Sqft
- Land Area: 0.142 Acres
- Year Built: 1980
- Property Type: Commercial Sale
- Property Status: Active
Additional details
- Roof: Composition
- Cooling: None
- Heating: Electric
- County: Santa Cruz
- Property Type: Commercial Sale