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 : Residential Income

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

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 0

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Shingle Property Appliances: Dishwasher,Disposal,Refrigerator,Range Hood Flooring: Carpet,Laminate
Cooling Features

None Air Conditioning

Heating Source

Electric Has Heating

Building Information

Year Built: 1976 Building Area Total: 2,250 Roof: Shingle
Accessibility Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.216
Lot Size Source: Other Lot Size Square Feet: 9409

Listing Price Information

Original List Price: 1,785,000 Listing Contract Date: 2026-06-19
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 00833323 Annual Tax: 3010

Other Property Info

Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: 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 Zoning: R-1-5 Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Triplex
Building and Construction

Property Age: 50 Structure Type: Triplex Year Built Source: Other Total Square Feet Living: 2250

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Nearby Home Value

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Hanover Street, Santa Cruz, CA, 95062	$1,799,000	2	--	1,840	1,840 SqFt
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