Magnify is pleased to present the opportunity to acquire 1622 Pomeroy Avenue, an 8-unit multifamily asset in Santa Clara offering immediate and long-term upside. Five of the units recently received rent increases effective October, while additional value can be realized through continued unit renovations and the repositioning of below-market rents toward market levels. The property consists of eight 1BD/1BA units, an efficient and highly rentable unit mix. Built in 1957, the two-story building encompasses approximately 4,760 square feet and is situated on a 13,277 square foot lot. The property is further enhanced by MUCC zoning, providing potential long-term redevelopment and value-add opportunities. Ideally located in the heart of Santa Clara, the property offers convenient access to major Silicon Valley employment hubs. It is approximately 3.2 miles from Santa Clara University, 1.8 miles from Kaiser Santa Clara Medical Center, and within close proximity to major employers including NVIDIA, Intel, and Applied Materials.