Property Details
About this Property
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!
MLS Listing Information
MLS #
ML82028897
MLS Source
MLSListings, Inc.
Days on Site
0
Interior Features
Appliances
Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
Dining Room
Dining Area in Living Room
Family Room
No Family Room
Flooring
Carpet, Laminate, Vinyl/Linoleum
Cooling
None
Heating
Electric
Exterior Features
Roof
Shingle
Foundation
Crawl Space
Parking, School, and Other Information
Garage/Parking
Attached Garage, Garage: 6 Car(s)
High School District
Santa Cruz City High
Sewer
Public Sewer
Water
Public
Zoning
R-1-5
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
136 Market St is a Single Family Residence in Santa Cruz, CA 95062. This 2,250 square foot property sits on a 9,409 Sq Ft Lot and features 6 bedrooms & 2 full bathrooms. It is currently priced at $1,995,000 and was built in 1976. This address can also be written as 136 Market St, Santa Cruz, CA 95062.
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This listing information is up-to-date as of December 05, 2025. For the most current information, please contact Marshall Keneipp, (303) 913-8113
