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Listed by Miritz & Bailey Real Estate, Inc, Marshall Keneipp, Listing Contact: 303-913-8113
2,250 sqft

$1,785,000

136 Market ST, Santa Cruz CA, 95062

Price per sqft$793.33
Built in1976
Property size2,250 sqft
Property typeMulti-family

Overview

Active

Listed Jun 19, 2026

Updated 35h ago

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 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!

$11,876/mo

Est. mortgage payment based on a $1,785,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82051657

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Taxes
$3,010
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Miritz & Bailey Real Estate, Inc, Marshall Keneipp DRE:02115477,
Listing Contact: 303-913-8113 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tim Allen Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Tim Allen Properties are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 4:52 AM UTC, 10/6/2026

 

 

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