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Live-Work Property with Fenced Yard

150 S Franklin Street Fort Bragg, CA 95437

150 S Franklin Street, Fort Bragg, CA, 95437
$569,000
For Sale
Claim this Listing
$569,000

Bungalow, Other - Fort Bragg, CA

Property Size1,116 SF
Lot Size0.17 Acres
Price / SF$509.86
AddedJun 26
Days on Market20
Last RefreshJul 15 at 10:06 am

Property Features for 150 S Franklin Street

General Information

Property type
Other
Property subtype
Mixed Use
Bedrooms
3
Bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
Parking features
None
Standard status
Active
APN
0081650800
Size
1,116 SF
Lot size
0.17 Acres

Utilities

Heating system
Kerosene
Cooling system
None (Cooling)

Building Details

Year built
1911
Floors in Building
1
Roof type
Composition
Architectural style
Bungalow

Listing agent Claire Amanno

Listing office Engel & Völkers Mendocino 10483 Lansing Street, Mendocino, CA

Listing date Jun 26, 2026

MLS# C1-11262 Listing URL

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

A multi-building live-work property offering flexible residential and office use. The main home is a Craftsman with three bedrooms and one bathroom. A separate 1-bedroom, 1-bath cottage includes its own address, and there is also a studio/office building with a bathroom, providing an additional standalone workspace option.

The property features a large fenced yard and a front gate for privacy. Views include sunset from the front porch, along with partial ocean views from the home and cottage. It is centrally located close to everyday amenities such as grocery stores, restaurants, schools, banks, medical offices, hospitals and clinics, retail, and entertainment venues, as well as downtown celebrations. Access is described as easy to Coastal Trails, The Skunk Train, and the Pacific Ocean.

Key Highlights

  • Three‑building property: 3‑bedroom, 1‑bath craftsman/Bungalow home plus a 1‑bedroom, 1‑bath cottage with separate address
  • Additional studio/office building includes a bathroom
  • Large fenced yard with a front gate for privacy

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $25.2k $22.56
− Vacancy −$3.6k −$3.20
EGI $21.6k $19.36
− OpEx −$5.4k −$4.84
NOI $16.2k $14.52
1,116 SF · lease $22.56/SF/yr · vacancy 14.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$231.4K
$202.5K – $270.0K (±1% cap)
NOI $16,201 @ 7.0% cap · market cap 2.85%
Second Best
Mixed Use
$193.7K
$169.5K – $226.0K (±1% cap)
NOI $13,559 @ 7.0% cap · market cap 2.38%
Theoretical Best
Flex RnD
$417.2K
$365.1K – $486.8K (±1% cap)
NOI $29,206 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service Parking Lot & Garage Storage Facility Furniture & Home Goods Veterinary Clinic Catering Service Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Three buildings on one lot: craftsman home, separate cottage, and studio/office with bathroom, plus fenced yard.
Where is this live-work space located?
The property is located at 150 S Franklin Street Fort Bragg, CA.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Three‑building property: 3‑bedroom, 1‑bath craftsman/Bungalow home plus a 1‑bedroom, 1‑bath cottage with separate address; Additional studio/office building includes a bathroom; Large fenced yard with a front gate for privacy
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