About this home

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. The property features eight 1BD/1BA units, approximately 4,760 square feet of building area, and a large 13,277-square-foot (0.30-acre) lot. Additional value can be created through unit renovations and repositioning below-market rents toward market levels. MUCC zoning and potential for ADU construction provide additional long-term development and value-add opportunities. The substantial lot size offers flexibility for future improvements while the existing 8-unit configuration provides a stable multifamily platform. The property is ideally located within approximately 2.5 miles of NVIDIA Headquarters, Apple Park, and Kaiser Permanente Santa Clara, with convenient access to Santa Clara University and major Silicon Valley employers including Intel and Applied Materials. Its central Santa Clara location provides residents with convenient access to employment, healthcare, education, retail, and major transportation corridors.

Facts and features

Schools

• Briarwood Elementary School

  elementary · K-5 · 0.3 mi

  6

• Adrian Wilcox High School

  high · 9-12 · 0.9 mi

  8

• Juan Cabrillo Middle School

  middle · 6-8 · 0.9 mi

  7

• Llatino High School

  high · 9-12 · 0.2 mi

• Pomeroy Elementary School

  elementary · K-5 · 0.3 mi

  6

• St. Lawrence Elementary and Middle School

  elementary · 0.5 mi

Price history

• Nov 2, 2026 · Price Changed$2,580,000
• Oct 20, 2026 · Listed$2,650,000
• Jun 1, 1979 · Sold$221,000

Tax history

• 2025$12,832 tax · $1,082,648 assessed
• 2024$12,353 tax · $1,061,421 assessed
• 2023$12,236 tax · $1,020,206 assessed
• 2022$12,035 tax · $1,000,203 assessed
• 2021$11,986 tax · $980,592 assessed
• 2020$11,769 tax · $970,539 assessed
• 2019$11,755 tax · $951,510 assessed
• 2018$11,005 tax · $932,854 assessed

Where it is