| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Good |
| Demographics | 90th | Best |
| Amenities | 81st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2265 S Bascom Ave, Campbell, CA, 95008, US |
| Region / Metro | Campbell |
| Year of Construction | 1972 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2265 S Bascom Ave Campbell Multifamily Investment
Positioned in Campbell’s urban core with a deep renter base and strong nearby employment, the asset benefits from durable demand signals, according to WDSuite’s CRE market data. Neighborhood occupancy trends and renter concentration suggest leasing performance will hinge on competitive renovations and asset management.
Campbell’s Urban Core setting offers strong daily-life convenience: restaurants, cafes, groceries, parks, and childcare options score in high national percentiles, supporting resident retention and leasing velocity. Neighborhood rankings place this area in the top quartile among 344 metro neighborhoods, reflecting balanced livability and economic drivers relative to the San Jose–Sunnyvale–Santa Clara region.
The renter-occupied share of housing is elevated at the neighborhood level, indicating a sizable tenant pool for multifamily. For investors, this depth can support absorption and renewals, even as neighborhood occupancy (a neighborhood-wide metric, not property-specific) tracks closer to national mid-range levels; effective leasing strategy and finish quality are likely to matter for stabilization.
Within a 3-mile radius, demographics show a high-income consumer base and continued household growth alongside modest population change, pointing to smaller average household sizes and a broader renter pool over time. Forecasts indicate additional household gains by 2028, which can expand the addressable tenant base and support rent levels in line with submarket positioning.
Home values are elevated in this part of Santa Clara County. In practice, a high-cost ownership market often sustains multifamily demand and helps pricing power, while the neighborhood’s rent-to-income levels suggest room for disciplined rent growth management rather than aggressive pushes that heighten retention risk. The property’s 1972 vintage is older than the neighborhood average construction year, creating clear value-add angles through targeted renovations and systems upgrades.
Safety indicators are mixed but generally competitive for the metro. Neighborhood crime ranks near the middle of the pack, while violent offense rates trend stronger (safer) than many neighborhoods nationwide. At the same time, property offense measures have been less favorable recently. For investors, this suggests monitoring building security, lighting, and access controls as part of standard asset management rather than a structural obstacle to demand.
In comparative terms, the area’s overall crime rank sits around metro average among 344 neighborhoods, with violent offenses performing in a higher national percentile (safer) and property offenses trending weaker year over year. Framing and mitigating these risks through operations and vendor selection can help protect retention without materially altering the broader investment thesis.
Proximity to major tech employers anchors demand for workforce and professional renters, supporting commute convenience and lease retention. Nearby hubs include eBay, Netflix, Adobe Systems, Apple - Stevens Creek 8, and Apple - Tantau 14.
- eBay — corporate offices (0.95 miles) — HQ
- Netflix — corporate offices (2.28 miles) — HQ
- Adobe Systems — corporate offices (4.00 miles)
- Apple - Stevens Creek 8 — corporate offices (4.84 miles)
- Apple - Tantau 14 — corporate offices (5.23 miles)
This 56-unit asset in Campbell sits in a high-amenity, high-income pocket of the San Jose–Sunnyvale–Santa Clara metro, where renter concentration is strong and household growth within a 3-mile radius is projected to expand the tenant base. Neighborhood occupancy is nearer the national mid-range, so performance should correlate with thoughtful renovations, competitive finishes, and operational discipline. Based on CRE market data from WDSuite, neighborhood NOI per unit benchmarks rank among the top cohorts metro-wide, underscoring the revenue potential for well-positioned properties.
Built in 1972, the property is older than the neighborhood average construction year, highlighting value-add opportunities—from unit modernizations to common-area and system improvements—that can sharpen competitive positioning against newer stock. Elevated home values in Santa Clara County reinforce long-term renter reliance on multifamily housing, while rent-to-income dynamics argue for calibrated pricing to support retention.
- High-amenity urban core with strong dining, grocery, park, and childcare access supporting leasing and retention
- Deep renter base and major tech employment nodes nearby bolster demand and reduce commute friction
- 1972 vintage sets clear value-add pathway via unit and building system upgrades
- Elevated ownership costs in the area support multifamily demand and pricing power when managed carefully
- Risks: neighborhood occupancy closer to mid-range and mixed property-crime trends require attentive operations and security planning