Millman Team Real Estate

$1,785,000
2,250 Sqft
0.22 Acre Lot

136 Market Street, Santa Cruz, California 95062

  • Residential Income Property Type
  • 2,250 Sqft Square Footage
  • 1976 Year Built
Property 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 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!

Basic Details
Residential Income
For Sale
ML82051657
$1,785,000
2,250 Sqft
1976
0.22 Acre
Active
Triplex
: Shingle
Features
: Electric
: None
: Carpet, Laminate
: Public Sewer
$0
Appliances
: Dishwasher, Disposal, Refrigerator, Range Hood
Address Map
CA
Santa Cruz
Santa Cruz
95062
Market
136
Street
W123° 58' 51.7''
N36° 58' 53.5''
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
699 - Not Defined
R-1-5
Neighborhood
Other
Santa Cruz
Other
Other
Additional Information
$0
$0
$0
$0
$0
: None
2250
6.0
2026-06-19
1
: Public
Broker/Agent Information
Miritz & Bailey Real Estate, Inc
Marshall Keneipp
Financial
3010.0
Listing Information
ML5099596
ML5009264
Active
2026-06-19T20:36:55Z
CRMLS
: Standard
2026-06-19T06:16:51Z
Agent info
Ray Millman
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