114 Franklin Street Santa Cruz, CA ^$ 1,999,999

114 Franklin Street

^$ 1,999,999

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114 Franklin Street

Santa Cruz, CA, 95060

^$ 1,999,999

Bedrooms-- Baths-- Sq 2,685

Monthly Estimate*

^$ 12,314

Listed by Raeid Farhat Real Estate Inc

114 Franklin Street, Santa Cruz, CA 95060 - Image 1

114 Franklin Street, Santa Cruz, CA 95060 - Image 2

Commercial Property for sale in Santa Cruz, CA

for $1,999,999. This 2,685 square foot building was built in 1980 on a lot size of 0.142.

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.

Commercial Active

Price

^$ 1,999,999

Property Type

Commercial

Taxes

^$ 25,000

Style

Lot Size

0.142

Year Built

1980

Town/City

Santa Cruz

County/Region

Santa Cruz

MLS | Web ID

ML82036301

Days on Market

Features

General

Heating Electric

Cooling None

Roof Composition

Zoning N/A

HOA Fee 0

Year Built 1980

County Santa Cruz

Insurance Expense 5000

Property Type Commercial Sale

MaintenanceExpense 0

Special Listing Conditions Standard

Status Active

City Santa Cruz

High School District Other

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 6186

Carport Spaces 0

Tax Annual Amount 25000

Trash Expense 0

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking -5

Lot Size Area 6186

Number of Buildings 3

Building Area Total 2685

Lot Size Acres 0.142

Lot Size Source Assessor

* Excluded Features

List By

Raeid Farhat Real Estate Inc

Broker

shawki@farhatregroup.com

Affordability Calculator

$14,398

Per Month

Monthly Principal & Interest: $12,314
Monthly Property Taxes: $2,083
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Santa Cruz, CA

Average List Price ^$3,430,803

Percent of Sale Price 72%

About Santa Cruz, CA

63,054 Population

16% Since 2002

^$67,765 Median Income

32.22 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/26/2026	$1,999,999		Listed Price

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114 Franklin Street, Santa Cruz, CA, 95060 is a Commercial Property for sale at $1,999,999 with 2,685 sqft and a lot size of 0.142. 114 Franklin Street was built in 1980. The property's zip code is 95060 which is in Santa Cruz, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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114 Franklin Street

Commercial Property for sale in Santa Cruz, CA

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