Home | Santa Clara County | Santa Clara | 95051 | 1577 Pomeroy Ave
MLS: ML81978212 | Status: | Price: $6,650,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 16,960 | 0.78 | 1976 |
GREAT FLOORPLANS! 100% ALL 2 BR's! Once in a Lifetime Oppty to Acquire 20 Oversized 2 Bedroom Units in Santa Clara Near Sunnyvale Border (Within 10-Min of NVIDIA HQ and Apple HQ). All Spacious 2 BR Units: (9) x 2 BR/2 BA w/ Master Bath: (890 SF) and (11) x 2 BR/1 BA: (781 SF). Excellent Floorplans. In-Wall AC Units, Dishwashers in Every Unit. All Units Offer Outdoor Living (w/ Private Patio/Yards or Balcony). 1370 Calabazas (12-Units), and 1575 Pomeroy (Single-Family Home Development on 9,000 SF Parcel) Can Be Purchased TOGETHER OR SEPARATELY. Spacious, 2 BR Floorplans Offer Potential for Investor to Reposition Asset into High-End Apartment Homes w/ Outdoor Living/Private Patios. Opportunity to Move Tenants Between Buildings to Free Up/Renovate Units. Potential to Install In-Unit Washer/Dryers and Other High-End Upgrades to Achieve Even Higher Rents. Walkscore: 93. Highly Walkable to Most Amenities. Easy Access to El Camino Real, Lawrence Expwy, Highway 101, 280. Attractive Cost/SF: $451/SF. Lot Size: 21,830 SF (0.5 Acres). Current Cap Rate: 3.34% / Current GRM: 14.5. Pro-Forma Cap Rate: 5.01% / Pro-Forma GRM: 11.6. Buyer/Seller Agree to Cooperate Towards Completion of One Another's 1031 Exchange without Additional Cost to Either Party. Co-Listed w/ John Kovaleski
| Field | Value |
|---|---|
| MLS # | ML81978212 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Oven Range - Electric |
| Laundry | Coin Operated |
| Cooling | Central Forced Air, Window/Wall Unit |
| Heating | Electric |
| Feature | Details |
|---|---|
| Roof | Other |
| Foundation | Concrete Perimeter |
| Pool | Community Facility |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Carport, Garage: 0 Car(s) |
| Elementary District | Santa Clara Unified |
| High School District | Santa Clara Unified |
| Sewer | Public Sewer |
| Water | Public |
| Complex Amenities | Community Pool |
| Zoning | R325D |
Don Sung
Colliers Parrish International
License #: 01935797
Phone: (650) 380-5188
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 20 | 20 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 890 | 2 | 1/0 | $1,910 | $2,700 | 9 |
| 2 | 781 | 2 | 1/0 | $1,732 | $2,550 | 11 |
School data provided by GreatSchools.org
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This listing information is up-to-date as of February 02, 2026. For the most current information, please contact Don Sung, (650) 380-5188.