Santa Cruz, CA 95062,136 Market ST
Santa Cruz, CA 95062,136 Market ST
Santa Cruz, CA 95062,136 Market ST
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Eric Chu

Eric Chu

+1(650) 922-7449
Listed by Marshall Keneipp • Miritz & Bailey Real Estate, Inc
$1,995,000
Est. payment /mo
6 Beds
3 Baths
2,250 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $886

MLS Listing ID ML82028725

Bedrooms 6

Full Baths 3

Year Built 1976

Lot Size 9,409 Sqft

Property Sub-Type Triplex

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 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 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!

Location

State CA

County Santa Cruz

Area East Santa Cruz

Zoning R-1-5

Rooms

Kitchen Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator

Interior

Heating Electric

Cooling None

Flooring Carpet, Laminate, Vinyl / Linoleum

Laundry Hookups Only

Exterior

Exterior Feature Balcony / Patio

Parking Features Attached Garage

Garage Spaces 6.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Shingle

Building

Lot Description Regular

Story 1

Foundation Crawl Space

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Tax ID 008-333-23

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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Nearby Schools and Businesses

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Brook Knoll Elementary School

    Public | KG - 5

  • 9

    Happy Valley Elementary School

    Public | 6 - 6

  • 8

    Westlake Elementary

    Public | KG - 5

  • 8

    Tierra Pacifica Charter

    Public | KG - 8

  • 7

    Live Oak Elementary School

    Public | KG - 5

  • 6

    Del Mar Elementary School

    Public | KG - 5

  • 6

    Green Acres Elementary School

    Public | KG - 5

  • 5

    Bay View Elementary

    Public | KG - 5

  • 5

    De Laveaga Elementary

    Public | KG - 5

  • 5

    Santa Cruz Gardens Elementary

    Public | KG - 5

  • 4

    Alternative Family Education

    Public | KG - 12

  • 1

    Gault Elementary

    Public | KG - 5

  • 1

    Santa Cruz County Special Education

    Public | KG - 12

  • 0

    Gateway School

    Private | KG - 8

  • 0

    Spring Hill-Advanced Elementary School of Santa Cr

    Private | PK - 6

  • 0

    Holy Cross School

    Private | PK - 8

  • 0

    Santa Cruz Childrens School

    Private | KG - 6

  • 0

    Midtown Montessori

    Private | PK - KG

  • 0

    Vhm Christian School

    Private | KG - 8

  • 0

    Santa Cruz City Elementary Alternative Education-Monarch Community School

    Public | KG - 6

Middle Schools 8
  • 10

    Pacific Collegiate Charter

    Public | 7 - 12

  • 6

    Mission Hill Middle School

    Public | 6 - 8

  • 5

    Shoreline Middle School

    Public | 6 - 8

  • 5

    Branciforte Middle School

    Public | 6 - 8

  • 0

    Sequoia Academy

    Public | 7 - 12

  • 0

    Georgiana Bruce Kirby Preparatory School

    Private | 6 - 12

  • 0

    Santa Cruz County Court

    Public | 7 - 12

  • 0

    Santa Cruz County Community

    Public | 7 - 12

High Schools 6
  • 8

    Cypress Charter High School

    Public | 9 - 12

  • 8

    Santa Cruz High School

    Public | 9 - 12

  • 7

    Harbor High School

    Public | 9 - 12

  • 2

    Ark Independent Studies

    Public | 9 - 12

  • 0

    Costanoa Continuation High School

    Public | 9 - 12

  • 0

    Santa Cruz County Regional Occupational Program

    Public | 10 - 12

School and business data provided by Attom Data.
Eric Chu
Eric Chu

Agent | License ID: 02039805

+1(650) 922-7449 | eric@keyluxestates.com

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136 Market ST