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!
For sale
$1,785,000
136 Market St, Santa Cruz, CA 95060
6beds
3baths
2,250sqft
Triplex, Residential Income
Built in 1976
-- sqft lot
$-- Zestimate®
$793/sqft
$-- HOA
What's special
- 20 days |
- 614 |
- 35 |
Zillow last checked:
Listing updated:
Listed by:
Marshall Keneipp 02115477 303-913-8113,
Miritz & Bailey Real Estate, Inc 831-588-4528
Source: MLSListings Inc,MLS#: ML82051657
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Electric
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Range Hood, Electric Oven/Range, Refrigerator
- Laundry: Hookups Only
Features
- Flooring: Carpet, Laminate, Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 2,250
- Total interior livable area: 2,250 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached
- Garage spaces: 6
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 1
Lot
- Size: 9,409 Square Feet
- Features: Regular
Details
- Parcel number: 00833323
- Zoning: R-1-5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Crawl Space
- Roof: Shingle
Condition
- Year built: 1976
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public, Individual Electric Meters, Individual Gas Meters
Community & HOA
Location
- Region: Santa Cruz
Financial & listing details
- Price per square foot: $793/sqft
- Tax assessed value: $223,725
- Annual tax amount: $3,010
- Date on market: 6/19/2026
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
- Inclusions: Building, DishwasherAllUnits, FixturesandEquipment, Land, OvenRangeAllUnits
- Lease term: 12 Months
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $1,785,000$793/sqft |
Source:  MLSListings Inc #ML82051657 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,263 +8.3% | $223,725 +2% |
| 2024 | $3,011 +1% | $219,338 +2% |
| 2023 | $2,981 +1% | $215,038 +2% |
| 2022 | $2,952 +1.8% | $210,822 +2% |
| 2021 | $2,901 +0.7% | $206,687 +1% |
| 2020 | $2,882 +2.3% | $204,568 +2% |
| 2019 | $2,817 +1% | $200,557 +2% |
| 2018 | $2,790 +1.1% | $196,624 +2% |
| 2017 | $2,760 +4.8% | $192,769 +2% |
| 2016 | $2,635 +10% | $188,989 +1.5% |
| 2015 | $2,395 +1.5% | $186,150 +2% |
| 2014 | $2,360 | $182,503 +2.5% |
| 2012 | -- | $178,117 +2% |
| 2011 | -- | $174,624 +0.8% |
| 2010 | -- | $173,319 -0.2% |
| 2009 | -- | $173,731 +2% |
| 2008 | -- | $170,324 +2% |
| 2007 | -- | $166,984 +2% |
| 2006 | -- | $163,710 +2% |
| 2005 | -- | $160,500 +2% |
| 2004 | -- | $157,353 +1.9% |
| 2003 | -- | $154,469 +2% |
| 2002 | -- | $151,440 +2% |
| 2001 | -- | $148,471 +2% |
| 2000 | -- | $145,559 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 95060
Nearby schools
GreatSchools rating
- 8/10De Laveaga Elementary SchoolGrades: K-5Distance: 1.4 mi
- 8/10Alternative Family Education SchoolGrades: K-12Distance: 0.3 mi
- 2/10Costanoa Continuation High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: DeLaveagaElementary
- Middle: BranciforteMiddleSchool
- High: SantaCruzHigh
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- California
- Santa Cruz County
- Santa Cruz
- 95060
- 136 Market St
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