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Sold for $6,650,000
  • $6,650,000

    Pomeroy Santaclara, Santa Clara, CA 95051

    4beds
    2baths
    16,960sqft
    Five Or More Units, Residential Income
    Built in 1976
    -- sqft lot
    $6,405,400 Zestimate®
    $392/sqft
    $3,271 Estimated rent

    Home value

    $6,405,400

    $5.83M - $7.05M

    $3,271/mo

    Zestimate® history
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    $41,813/mo

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    $41,813/mo

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    What's special

    Private patioOutdoor livingLot sizeDishwashers in every unitExcellent floorplansIn-wall ac units
    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Don Sung 01935797 650-380-5188,

    Colliers Parrish International

    Bought with:

    , 01935797

    Colliers Parrish International

    Colliers Parrish International

    Source: MLSListings Inc,MLS#: ML81978212MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Electric Oven/Range
    • Laundry: Coin Operated
    Interior area
    • Total structure area: 16,960
    • Total interior livable area: 16,960 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Assigned, Carport
    • Has carport: Yes
    Accessibility
    • Accessibility features: Parking
    Features
    • Pool features: Community
    Lot
    • Size: 0.78 Acres
    Details
    • Parcel number: 29003090
    • Zoning: R325D
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Other
    Condition
    • Year built: 1976

    Utilities & green energy

    • Gas: NaturalGas, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Public Utilities, Water Public

    Community & neighborhood

    Location
    • Region: Santa Clara

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan

    Price history

    DateEventPrice
    12/27/2024Sold$6,650,000-11.3%$392/sqft
    Source: MLSListings Inc #ML81978212 Report a problem
    11/2/2024Pending sale$7,500,000$442/sqft
    Source: MLSListings Inc #ML81978212 Report a problem
    8/28/2024Listed for sale$7,500,000$442/sqft
    Source: MLSListings Inc #ML81978212 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 95051

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: SantaClaraUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $6,405,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,405,400