136 Market Street, Santa Cruz, CA 95062
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
136 Market Street,Santa Cruz, CA 95062
$1,895,000
- - Beds
- - Baths
- 2,250 sq. ft.
- Multi-family
- Active
Listed by: marshall keneipp
Office: miritz & bailey real estate, inc
MLS#:82028725
Source:CAREIL
Price summary
- Price:$1,895,000
- Price per sq. ft.:$842.22
About this home
Outstanding rental property investment opportunity in central Santa Cruz! Well maintained triplex with many recent improvements, highly desirable two-bedroom apartments, and a strong rental history. Ideally located near the rapidly growing downtown area with a Very walkable and Bikers Paradise Offers easy access to restaurants, shops, Whole Foods Market, Highway 1, the pier, Boardwalk, and beaches. Each unit has a private outdoor patio area and rare attached two-car garage that provides ample options for off-street parking, storage, and bonus living space. Below market rents compared to current Zillow rental rates provide an opportunity to improve cash flow and property value by raising rents to market rates upon tenant turnover. Upside potential, lower operating expenses due to improvements, and the potential for long-term value appreciation make this an excellent investment opportunity in a prime Santa Cruz location. Recent improvements include a newer roof, exterior paint job, sewer lateral replacement, water main replacement, newer water heaters, and interior flooring updates. Triplexes in Santa Cruz with this excellent condition, desirability, and long-term stability are rare in Santa Cruz. Don't miss this opportunity!...
Contact an agent
Home facts
- Year built:1976
- Listing ID #:82028725
- Added:154 day(s) ago
- Updated:April 22, 2026 at 04:30 PM
Rooms and interior
- Flooring:Carpet, Laminate, Vinyl / Linoleum
- Kitchen Description:Dishwasher, Garbage Disposal, Refrigerator
- Living area:2,250 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1976
- Building area:2,250 sq. ft.
- Lot area:0.22 Acres
- Lot Features:Regular
- Exterior Features:Balcony/Patio
- Foundation Description:Crawl Space
Schools
- High school:Santa Cruz High
- Middle school:Branciforte Middle School
- Elementary school:De Laveaga Elementary
Utilities
- Water:City/Public
- Sewer:Sewer - Public
Finances and disclosures
- Price:$1,895,000
- Price per sq. ft.:$842.22
Features and amenities
- Laundry features:Hookups Only
Parking
- Parking description:Attached
New listings near 136 Market Street
- New
$995,000Active0.39 Acres0 Isbel Drive, Santa Cruz, CA 95060
MLS# 426122334Listed by: SOTHEBY'S INTERNATIONAL REALTY - Open Sun, 1 to 4pmNew
$1,100,000Active3 beds 3 baths1,904 sq. ft.2030 N Pacific #236, Santa Cruz, CA 95060
MLS# ML82038587Listed by: ROOM REAL ESTATE - Open Sun, 1 to 4pmNew
$2,150,000Active4 beds 3 baths2,771 sq. ft.770 Graham Hill Road, Santa Cruz, CA 95060
MLS# ML82046054Listed by: DAVID LYNG REAL ESTATE - Open Thu, 9:30am to 12pmNew
$2,300,000Active3 beds 2 baths1,641 sq. ft.402 Arroyo Seco, Santa Cruz, CA 95060
MLS# ML82046292Listed by: MONTALVO HOMES & ESTATES - Open Sun, 1 to 4pmNew
$2,795,000Active4 beds 3 baths2,681 sq. ft.155 Michael Lane, Santa Cruz, CA 95060
MLS# ML82046230Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SERENO - Open Sun, 11am to 3pmNew
$1,299,000Active3 beds 1 baths1,200 sq. ft.115 Catalpa Street, Santa Cruz, CA 95062
MLS# ML82045881Listed by: REVEST HOMES, INC. - New
$6,999,000Active-- beds -- baths4,754 sq. ft.1703 E Cliff Drive, Santa Cruz, CA 95062
MLS# ML82046156Listed by: BAILEY PROPERTIES - Open Sun, 1 to 4pmNew
$2,400,000Active2 beds 2 baths1,800 sq. ft.417 Alta Loma Lane, Santa Cruz, CA 95062
MLS# ML82046017Listed by: ROOM REAL ESTATE - Open Sun, 1 to 4pmNew
$839,000Active2 beds 2 baths1,165 sq. ft.1153 30th Avenue, Santa Cruz, CA 95062
MLS# ML82046024Listed by: DAVID LYNG REAL ESTATE - Open Sun, 1 to 4pmNew
$2,100,000Active3 beds 2 baths2,043 sq. ft.520 Ocean View Avenue, Santa Cruz, CA 95062
MLS# ML82045615Listed by: COLDWELL BANKER REALTY