$1,995,000
bedrooms
6
bathrooms
2
square feet
2,250
Acreage
0.216
Open Houses
-
year built
1976
Full Baths
2
Half Baths
0
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 | |
| Subdivision | - |
| County | Santa Cruz |
| Elementary School | - |
| Middle School | - |
| High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: ML82028897
Listing status: Active
Listing agent:
Marshall Keneipp
#02115477
Listing broker:
Miritz & Bailey Real Estate, Inc.
(831) 588-4528
Copyright © 2025 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, December 5 2025 at 7:39 p.m. EST
Kotohomes National
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