935 Pomeroy AVE, Santa Clara, CA 95051 - MLS#ML82009416

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April Tavares

april@apriltavares.com +1(408) 309-5471

Listed by Jefrey Henderson • Jefrey Henderson, Broker

$ 7,660,000

Est. payment | -/mo

3 Beds

3 Baths

12,869 SqFt

Save

$ 7,660,000

Est. payment | -/mo

Save

3 Beds

3 Baths

12,869 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 12,869 sqft

Price per Sqft $595

MLS Listing ID ML82009416

Bedrooms 3

Full Baths 3

Year Built 1961

Lot Size 0.551 Acres

Property Sub-Type Five or More Units

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.

Location

State CA

County Santa Clara

Area Santa Clara

Zoning R3

Interior

Heating Forced Air

Cooling None

Exterior

Parking Features Assigned Spaces

Pool Pool - In Ground

Utilities Available Individual Electric Meters

Roof Type Flat / Low Pitch

Building

Foundation Reinforced Concrete

Sewer Unknown

Water Individual Water Meter

Others

Restrictions None

Tax ID 290-41-048

Security Features None

Special Listing Condition Not Applicable

+1(408) 309-5471

april@apriltavares.com

19990 Stevens Creek Blvd. # 100, Cupertino, CA, 95014, United States

935 Pomeroy AVE Santa Clara, CA 95051