136 Market Street, Santa Cruz, CA 95062

Local realty services provided by:ERA North Orange County Real Estate
136 Market Street,Santa Cruz, CA 95062
$1,945,000
  • - Beds
  • - Baths
  • 2,250 sq. ft.
  • Multi-family
  • Active
Listed by: marshall keneipp303-913-8113
Office: miritz & bailey real estate, inc
MLS#:82028725
Source:CAREIL

Price summary

  • Price:$1,945,000
  • Price per sq. ft.:$864.44

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

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Home facts

  • Year built:1976
  • Listing ID #:82028725
  • Added:69 day(s) ago
  • Updated:February 10, 2026 at 05:38 PM

Rooms and interior

  • 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

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:$1,945,000
  • Price per sq. ft.:$864.44
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