| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 86th | Best |
| Demographics | 28th | Poor |
| Amenities | 81st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1295 McLaughlin Ave, San Jose, CA, 95122, US |
| Region / Metro | San Jose |
| Year of Construction | 2003 |
| Units | 61 |
| Transaction Date | 2001-05-21 |
| Transaction Price | $1,175,000 |
| Buyer | ROEM DEVELOPMENT CORP |
| Seller | BATTAGLIA AMELIA |
1295 McLaughlin Ave San Jose Multifamily Investment
Neighborhood occupancy in the mid‑90s and a high share of renter‑occupied units point to durable leasing fundamentals, according to WDSuite’s CRE market data.
Positioned in San Jose’s Inner Suburb, 1295 McLaughlin Ave sits within a renter‑driven neighborhood where an estimated 66.5% of housing units are renter‑occupied. For investors, this depth of renter concentration supports a larger tenant base and steadier demand across cycles; the neighborhood’s occupancy rate of 95.3% further underscores stability at the neighborhood level (not the property), based on CRE market data from WDSuite.
The area’s amenity density is a strength for retention and leasing: restaurants, groceries, parks, and cafes rank in top national percentiles, translating into daily‑needs convenience and lifestyle appeal. Within the San Jose–Sunnyvale–Santa Clara metro, these amenities are competitive among 344 neighborhoods, and nationally they compare favorably without relying on destination retail. Limited nearby pharmacy options are a noted gap that may modestly affect convenience for some residents.
The average construction year in the neighborhood is 1994, while this asset was built in 2003. Being newer than local stock can aid competitive positioning versus older comparables; however, at this vintage investors should still plan for targeted system updates and common‑area refreshes to support rent attainment and reduce near‑term capital surprises.
Three‑mile demographic data indicate modest population contraction alongside a near‑flat to rising household count and smaller average household size. For multifamily operators, that mix implies a stable to expanding renter pool and supports occupancy durability even as the composition of households shifts. Elevated home values locally create a high‑cost ownership market, which tends to sustain rental demand and can support pricing power when managed with careful lease strategies and attention to rent‑to‑income dynamics. This commercial real estate analysis suggests investor focus on renewals and unit mix can capture demand while balancing affordability pressure.
Neighborhood safety trends are mixed but improving. Relative to the San Jose–Sunnyvale–Santa Clara metro’s 344 neighborhoods, the area sits around the middle of the pack, with national comparisons close to average overall. Notably, year‑over‑year estimates indicate meaningful declines in both property and violent offense rates, improving at a pace ahead of many U.S. neighborhoods. Investors should view safety as a monitor item that could continue to support leasing if the downward trend persists.
Proximity to major technology and electronics employers supports workforce housing demand and commute convenience for residents, led by Adobe, eBay, PayPal, Qualcomm, and Sanmina.
- Adobe Systems — software (2.24 miles)
- Ebay — ecommerce (4.68 miles) — HQ
- Paypal Holdings — fintech (4.99 miles) — HQ
- Qualcomm — semiconductors (5.72 miles)
- Sanmina — electronics manufacturing (5.91 miles) — HQ
This 61‑unit, 2003‑vintage asset benefits from a renter‑heavy neighborhood, mid‑90s neighborhood occupancy, and dense daily‑needs amenities. Newer construction relative to the local 1990s average helps competitive positioning versus older stock, while targeted modernization can enhance yield. High ownership costs in the area tend to reinforce reliance on multifamily housing, and three‑mile data show households holding steady to rising as sizes shrink—factors that support a broad tenant base and occupancy stability.
According to CRE market data from WDSuite, neighborhood rent‑to‑income levels and occupancy suggest room for disciplined revenue management without overextending affordability. Key watch‑items include below‑average school ratings locally, a limited pharmacy presence, and safety that is near metro middle but improving year over year. With proximity to major employers, the location fundamentals align with steady leasing and renewal potential when paired with thoughtful capex and operations.
- Renter‑oriented submarket with mid‑90s neighborhood occupancy supporting leasing stability
- 2003 vintage is newer than area average, with selective upgrades offering value‑add potential
- Dense amenity access and proximity to major tech employers underpin tenant demand and retention
- High‑cost ownership market supports rental demand and measured pricing power
- Risks: low average school ratings, limited pharmacy options, and safety that warrants ongoing monitoring