114 Franklin St

Santa Cruz, CA 95060
  • $1,999,999

    Price
  • 0

    Bed
  • 0

    Bath
  • 2,685

    SqFt

About the Listing ML35129 - ML5103590

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.

Listing Highlights

Status Active
Days on Site 185
Property Type Commercial Sale
MLS ® ML82036301
Year Built 1980
Total Square Footage 2,685
Lot/Acreage 0.14
County Santa Cruz
School District Other

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Zoning: N/A
  • Roof: Composition
  • Others: 2+ Total Units
  • Sewer:

Financial Details

  • Tax Amount: $25,000
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 00823118000
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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% Down Payment
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Questions About..

114 Franklin St Santa Cruz, CA 95060

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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