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Listed by David Katz • Magnify Real Estate
$ 2,650,000
Est. payment /mo
Open 10/11 2PM-4PM
1622 Pomeroy Ave Santa Clara, CA 95051
4,760 SqFt
Open House
Sun Oct 11, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,760 sqft
Price per Sqft $556
MLS Listing ID ML82063308
HOA Y/N No
Year Built 1957
Lot Size 0.305 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Magnify is pleased to present the opportunity to acquire 1622 Pomeroy Avenue, an 8-unit multifamily asset in Santa Clara offering immediate and long-term upside. The property features eight 1BD/1BA units, approximately 4,760 square feet of building area, and a large 13,277-square-foot (0.30-acre) lot. Additional value can be created through unit renovations and repositioning below-market rents toward market levels. MUCC zoning and potential for ADU construction provide additional long-term development and value-add opportunities. The substantial lot size offers flexibility for future improvements while the existing 8-unit configuration provides a stable multifamily platform. The property is ideally located within approximately 2.5 miles of NVIDIA Headquarters, Apple Park, and Kaiser Permanente Santa Clara, with convenient access to Santa Clara University and major Silicon Valley employers including Intel and Applied Materials. Its central Santa Clara location provides residents with convenient access to employment, healthcare, education, retail, and major transportation corridors.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplace No
Laundry Coin Operated
Building
Water Public
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