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Santa Cruz, CA

$1,785,000

136 Market Street, Santa Cruz, CA
0
Baths
2,250
Sq Ft
1976
Built
26
Days listed

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 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!

Facts & features

Interior
Bathrooms
0
Living area
2,250 sq ft
Appliances
Dishwasher, Disposal, Refrigerator, Range Hood
Flooring
Carpet, Laminate
Heating
Electric
Cooling
None
Exterior & lot
Lot size
0.216 acres (9,409 sq ft)
Year built
1976
Community
Area
699 - Not Defined
County
Santa Cruz
Listing details
Status
Active
Property type
Triplex
Days on market
26
Listed
2026-06-19
Parcel #
00833323
MLS #
ML82051657
Listed by
Marshall Keneipp · Miritz & Bailey Real Estate, Inc

Price history

Listed
$1,785,000 · 2026-06-19
Days on market
26
Current price
$1,785,000
Financing

Could this home be yours?

Estimated monthly payment
$11,198
$9,026 principal & interest · $2,172 taxes & insurance
$357,000
Estimate only
Loan $1,428,000

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What's your home worth?

Estimated value range nearby
$2,023,556$2,375,478

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of Miritz & Bailey Real Estate, Inc. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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