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.
MLS# | ML82009416 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1961 |
Days On Site | 15 |
Listing Provided By | Jefrey Henderson, Broker | Jefrey Henderson |
SQ Feet | 12,869 |
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Car Port | Yes |
Building(s) | 1 |
Zoning | R3 |
Acreage | 0.55 |
Cooling | None |
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Heating | Forced Air |
Heating Yes / No | Yes |
Cooling Yes / No | Yes |
Roof | Flat |
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Property | 84000 |
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State | CA |
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County | Santa Clara |
City | Santa Clara |
Zip Code | 95051 |
Area | 699 Not Defined |
School District | Other |
Listing VS Median (in 95051) | |
Price: $7,660,000 low | high Med: $1,499,500 SqFt: 12,869 low | high Med: 1,652 $ / SqFt: $595 low | high Med: $964 On site: 15 low | high Med: 1285.500000 |