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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Listing Snapshot
Price
$7,660,000
Days On Site
46 Days
Bedrooms
N/A
Inside Area (SqFt)
12,869 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.551 Acres
Year Built
1961
MLS® Number
ML82009416
Status
Active
Property Tax
$84,000
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
4 weeks ago
Listing updated with changes from the MLS®
2 months ago
Status changed to Active
2 months ago
Listing first seen on site
General Features
Acres
0.551
Carport
20
Parking Spaces
4
Special Circumstances
Standard
SqFt Total
12869
Zoning
R3
Interior Features
Cooling
None
Heating
Forced Air
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Exterior Features
Roof
Flat
Community Features
MLS Area
699 - Not Defined
School District
Other
Schools
School District
Other
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
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. The 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, the 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.
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