CBRE, as the exclusive listing agent, is pleased to offer for sale 935
Pomeroy Ave (the “Property”) comprised of 20 market rate units in Santa
Clara, California (10 2bd, 4 1bd, 6 studios).
The Property is located in the heart of Silicon Valley with
convenient access to high-paying technology employers. Rents in Santa
Clara are amongst the highest in the SF Bay Area and rose by 3.2% YoY as
of Q1 2025.
The Property offers an investor the rare opportunity to purchase investment
real estate in a high barrier to entry market. The investment appeal of the
Property is driven by the Property’s ground zero Silicon Valley location,
strong employment fundamentals and the significant affordability gap
between renting and owning.
Situated near Interstate 280, Highway 101, Highway 237, Highway 85 and
Highway 82, this asset is minutes away from high-paying tech employers
like Google, Microsoft, Amazon, Meta, LinkedIn, Intuit, Synopsys, and more.
In addition, the nearest Caltrain stop is 7-minute drive, offering residents
convenient transportation options throughout Santa Clara, San Mateo, and
San Francisco Counties.