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1577 Pomeroy Ave
Santa Clara, CA 95051

$7,500,000 USD

Apartments For Sale  •  16,960 SF

Property Details

  • Property Type Apartments
  • Total Building Size 16,960 SF
  • Lot Size 0.78 AC
  • Building Class C
  • Year Built 1976
  • Cap Rate 3.34 %
  • Zoning R325D
43 Transit Score
93 Walk Score

Highlights

First Time on Market, EVER (Since Construction in 1976). Convenient, Central Santa Clara Location Near Sunnyvale Border
Can be Purchased TOGETHER or SEPARATELY with 1370 Calabazas (12 Oversized Units) and 1575 Pomeroy (Single Family Home on 9,000 SF Lot w/ Potential)
Spacious Units w/ Excellent Floorplans. All Units Offer Wall-Mounted, Recessed Air-Conditioning (AC) Units and Outdoor Living (Yard/Balcony)
Property Tours (Please Make 30-Min Tour Appointment with Listing Agent if Possible): Tuesday, 9/3 at 11 AM to 3 PM, Thursday, 9/5 at 11 AM to 3 PM
Property Tours (Please Make 30-Min Tour Appointment with Listing Agent if Possible): Monday, 9/ 9 at 11 AM to 3 PM, Wednesday, 9/11 at 11 AM to 3 PM
Offers Due: Thursday, 9/12 by 3 PM.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $250,534 USD (2023)
Cap Rate: 3.34 %
Total Expenses: $251,716 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Dishwasher
  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Recycling
  • Kitchen
  • Refrigerator
  • Range
  • Yard
  • Patio

Public Transportation

Commuter RailDriveWalkDistance
Lawrence (Caltrain - Caltrain (Caltrain)) 5 min - 2.3 mi
Santa Clara (Altamont Corridor Express - Altamont Commuter Express (ACE), Caltrain - Altamont Commuter Express (ACE)) 7 min - 2.9 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 8 min - 3.5 mi
San Francisco International 41 min - 31.9 mi
Metro Oakland International 50 min - 38.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Don Sung 650-380-5188 Colliers
Don Sung 650-380-5188 Colliers