| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Fair |
| Demographics | 38th | Poor |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1338 E San Antonio St, San Jose, CA, 95116, US |
| Region / Metro | San Jose |
| Year of Construction | 2011 |
| Units | 84 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1338 E San Antonio St San Jose Multifamily Investment
2011-vintage, 84-unit asset positioned for durable renter demand in an Urban Core pocket where neighborhood occupancy trends remain strong, according to WDSuite’s CRE market data. Newer construction versus older local stock supports competitive positioning and potential retention in a high-cost ownership market.
This Urban Core location in San Jose benefits from strong day-to-day conveniences and a renter-heavy housing mix. Neighborhood occupancy sits in the top quartile nationally while ranking competitive among 344 San Jose–Sunnyvale–Santa Clara neighborhoods, supporting stability for multifamily operations. Renter-occupied housing is in the top quartile among metro neighborhoods, indicating a deep tenant base that can underpin leasing and renewal activity.
Amenity access is mixed: grocery and parks density rank in the top quartile among 344 metro neighborhoods, while restaurants are above the metro median. However, limited cafe and pharmacy presence suggests residents rely more on nearby corridors for certain errands. For investors, this combination points to everyday convenience with some amenity gaps that may influence marketing and unit feature strategy.
The property’s 2011 construction stands notably newer than the neighborhood’s average vintage (1960s era), implying relative competitiveness versus older stock and potentially lower near-term capital needs, while still allowing selective modernization for repositioning. Elevated home values in the area, which are among the highest percentiles nationally, reinforce renter reliance on multifamily housing and can support pricing power, while the neighborhood’s rent-to-income profile suggests careful lease management to balance affordability pressure with revenue goals.
Within a 3-mile radius, WDSuite data indicates households have edged higher even as population has trended down, pointing to smaller average household sizes and a steady renter pool. Rising incomes and a sizable share of renter-occupied units in this radius support depth of demand for well-located apartments, with implications for occupancy stability rather than rapid lease-up swings.
Safety signals are mixed when viewed against national and metro benchmarks. Overall crime metrics sit modestly above the national median (a better relative position), yet both property and violent offense rates track below national percentiles, indicating areas of concern. Notably, year-over-year improvements in both categories rank among the stronger moves nationally, suggesting recent momentum is favorable. Within the San Jose–Sunnyvale–Santa Clara metro (344 neighborhoods), the area reads as competitive rather than top-tier for safety, and trends should be monitored as part of ongoing risk management.
Proximity to major employers anchors demand for workforce and professional renters, with short commutes to software, payments, wireless, electronics distribution, and telecom offices noted below.
- Adobe Systems — software (1.99 miles)
- Paypal Holdings — payments/fintech (3.98 miles) — HQ
- Qualcomm — wireless/semiconductors (4.59 miles)
- Avnet — electronics distribution (4.77 miles)
- Verizon — telecom (4.81 miles)
This 2011-built, 84-unit asset offers a newer-vintage profile in a neighborhood dominated by older stock, enhancing competitive positioning and supporting occupancy stability. Elevated ownership costs locally sustain reliance on rentals, and neighborhood occupancy trends rank competitive in the metro and strong nationally. According to CRE market data from WDSuite, the area’s renter concentration sits among the higher tiers in the metro, a pattern that underpins depth of demand for multifamily.
Within a 3-mile radius, households are increasing even as population contracts, implying smaller household sizes and a steady renter pool rather than outsized growth. Nearby parks, grocery access, and a concentration of large employers bolster day-to-day livability and commuter appeal. Investors should balance these strengths against softer school ratings, uneven amenity categories, and mixed-but-improving safety indicators when planning renovations, pricing, and marketing.
- Newer 2011 vintage versus older neighborhood stock supports competitive positioning and moderated near-term capex
- Renter-heavy housing mix and strong neighborhood occupancy trends support leasing stability and retention
- High-cost ownership environment reinforces demand for multifamily units and potential pricing power
- Employer proximity and everyday conveniences (parks/groceries) enhance renter appeal and renewal prospects
- Risks: softer school ratings, mixed amenity categories, and safety variability warrant disciplined operations and monitoring