935 Pomeroy Avenue, Santa Clara, CA 95051
- $7,660,000
- List Price
- $7,660,000
- Status
- ACTIVE
- MLS#
- ML82009416
- Year Built
- 1961
- Lot Size
- 24,000
- Acres
- 0.55
- Days on Market
- 111
- Property Type
- Commercial
Property Description
935 Pomeroy Ave (the Property) comprised of 20 market rate units in Santa Clara, California. The Property is located in the heart of Silicon Valley with convenient access to high-paying technology employers. Rents in Santa Clara are amongst the highest in the SF Bay Area and rose by 3.2% YoY as of Q1 2025. The Property offers an investor the rare opportunity to purchase investment real estate in a high barrier to entry market. The investment appeal of the Property is driven by the Propertys ground zero Silicon Valley location, strong employment fundamentals and the significant affordability gap between renting and owning. Situated near Interstate 280, Highway 101, Highway 237, Highway 85 and Highway 82, this asset is minutes away from high-paying tech employers like Google, Microsoft, Amazon, Meta, LinkedIn, Intuit, Synopsys, and more. In addition, the nearest Caltrain stop is 7-minute drive, offering residents convenient transportation options throughout Santa Clara, San Mateo, and San Francisco Counties.
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Additional Information
- Taxes
- $84,000
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Flat
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $579,992
Listing courtesy of Listing Agent: Jefrey Henderson (ben.mollahan@cbre.com) from Listing Office: Jefrey Henderson, Broker.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.