Property Description
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
Features
: No
: Electric
: Central Air, Wall/window Unit(s)
: No
: No
: 16
: No
Address Map
U.S.
California
Santa Clara
Santa Clara
95051
1577 Pomeroy Avenue
0
W122° 0' 49.9''
N37° 21' 4.9''
MLS Addon
$0
16,960 Sqft
: No
: No
20
16
: No

Commercial Sale For Sale Santa Clara

1577 Pomeroy Avenue, Santa Clara, Santa Clara, California, 95051

33,977 Acre
Visits : 16 in 23 days
$7,500,000
Listing ID #ML81978212
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : ML81978212
Price : $7,500,000
Year Built : 1976
Lot Area : 33,977 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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