1622 Pomeroy Ave, Santa Clara, CA 95051
1622 Pomeroy Ave, Santa Clara, CA 95051
1622 Pomeroy Ave, Santa Clara, CA 95051
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Listed by David Katz • Magnify Real Estate, DRE#01971921
$2,650,000
Est. payment /mo
1 Bed
1 Bath
4,760 SqFt
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Sun Oct 11, 2:00pm - 4:00pm

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Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,760 sqft

Price per Sqft $556

MLS Listing ID ML82063308

Bedrooms 1

Full Baths 1

Year Built 1957

Lot Size 0.305 Acres

Property Sub-Type Five or More Units

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

Area Santa Clara

Zoning MUCC

Rooms

Other Rooms Laundry Room, Storage

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate, Vinyl / Linoleum

Laundry Coin Operated, Washer / Dryer

Exterior

Parking Features Assigned Spaces, Carport

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition,Fiberglass

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 220-01-016

Security Features None

Special Listing Condition Not Applicable


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Steven Gary

Steven Gary

+1(408) 644-3287

Realtor License ID: 01895061

Realtor License ID: 01895061

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1622 Pomeroy Ave