Active

136 Market Street

Santa Cruz, CA 95062

$1,785,000 $7,525/Mo

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Overview

Bed

Bath

2,250

Sqft

9,409

Sqft(Lot)

Description

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 rating that 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. Lower operating expenses due to recent 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 roo f, 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!

Property Details

Property Type : ResidentialIncome

Price : $1,785,000

AD Id : 85502764

MLS Id : ML82051657

Beds : 6

Lot Size : 9,409 Sqft

Living Area Size : 2,250

Year Built : 1976

Garage : 6

County : Santa Cruz

Map

Features

Interior Features

Roof: Shingle

Appliances: Dishwasher, Disposal, Refrigerator, RangeHood
Heating & Cooling

Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: None

Building Information

Year Built: 1976

Building Area Total: 2250

Private Pool: No

Lot Information

Main Square Feet: 9409 Lot Size Acres: 0.216 Lot Size Source: Other Lot Size Square Feet: 9,409

Listing Price Information

Listing Price: $1785000

Tax Information

Parcel Number: 00833323 Annual Tax: $3010

Garage Information

Has Garage: Yes Garage Space: 6

School Information

Elementary School: Other Junior High School: Other Senior High School: Santa Cruz
Location Information

Direction: 136 Market Street in central Santa Cruz near the intersection of Market and Water Streets. Please park on the street, not on the property. Cross Street: Water WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2228 Capitola Road, Santa Cruz, CA, 95062	$1,750,000	3	--	1,645	1,645 SqFt
2030 Kinsley Street, Santa Cruz, CA, 95062	$2,495,000	9	--	4,612	4,612 SqFt
114 Park Avenue, Santa Cruz, CA, 95062	$1,300,000	3	--	1,232	1,232 SqFt