| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 87th | Best |
| Demographics | 75th | Good |
| Amenities | 91st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1455 Saratoga Ave, San Jose, CA, 95129, US |
| Region / Metro | San Jose |
| Year of Construction | 1987 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1455 Saratoga Ave San Jose Multifamily Investment
This 22-unit property benefits from neighborhood-level occupancy at 100% and proximity to major tech employers in Silicon Valley. According to CRE market data from WDSuite, the area ranks in the top quartile among 344 San Jose metro neighborhoods for overall investment fundamentals.
Located in an Urban Core neighborhood ranking 17th among 344 San Jose metro neighborhoods, this area demonstrates strong fundamentals for multifamily investors. The neighborhood maintains 100% occupancy rates with a median rent of $2,521, positioning it in the 97th percentile nationally. Within a 3-mile radius, demographic data shows a median household income of $169,052 with projected growth to $217,992 by 2028, supporting tenant quality and retention potential.
The property's 1987 construction year aligns with the neighborhood average, minimizing obsolescence risk while offering potential value-add opportunities through targeted renovations. The area benefits from exceptional amenity density, ranking 17th among metro neighborhoods with strong access to grocery stores (4.12 per square mile), restaurants, and parks. School ratings average 5.0 out of 5, ranking first in the metro, which supports family-oriented tenant demand.
Population growth within the 3-mile radius shows modest expansion, with households projected to increase 29.6% through 2028, indicating a growing renter pool. The neighborhood's 39% rental share provides a substantial tenant base, while high home values at nearly $2 million median can keep households in the rental market longer, supporting occupancy stability and renewal rates.
The neighborhood ranks 288th out of 344 San Jose metro neighborhoods for overall crime, placing it in the 25th percentile nationally for safety. Property crime rates show an estimated 1,087 incidents per 100,000 residents, with violent crime at approximately 125 incidents per 100,000 residents. Both categories have experienced increases over the past year, with property crime up 19.2% and violent crime up 58.2%.
While these metrics indicate areas for caution, investors should consider the broader context of urban core locations and evaluate security measures, tenant screening protocols, and insurance implications as part of their investment analysis. The neighborhood's strong economic fundamentals and proximity to major employment centers may help offset security concerns for many tenant demographics.
The property benefits from proximity to Silicon Valley's technology corridor, with major corporate employers within commuting distance that support consistent rental demand from high-income professionals.
- Apple - Stevens Creek 8 — technology corporate offices (2.1 miles)
- Apple - Tantau 14 — technology corporate offices (2.6 miles)
- Netflix — streaming media & entertainment (2.9 miles) — HQ
- Ebay — e-commerce technology (3.3 miles) — HQ
- Apple — technology corporate offices (3.4 miles) — HQ
This 22-unit property offers access to one of Silicon Valley's strongest rental markets, with neighborhood-level occupancy at 100% and median rents in the 97th percentile nationally. The 1987 construction year presents value-add renovation opportunities while maintaining alignment with area building stock. Demographics within a 3-mile radius show substantial household income growth projected through 2028, with the renter pool expanding nearly 30%, supporting long-term demand fundamentals.
The location benefits from proximity to major technology employers including Apple, Netflix, and eBay headquarters within 3.4 miles, providing a stable employment base for high-income tenants. According to multifamily property research from WDSuite, the neighborhood ranks in the top quartile among 344 metro neighborhoods for overall investment metrics, with exceptional school ratings and amenity access supporting tenant retention.
- Neighborhood occupancy at 100% with rents in 97th percentile nationally
- Proximity to major tech employers supports high-income tenant base
- 29.6% projected household growth through 2028 expanding renter pool
- 1987 vintage offers value-add renovation potential
- Crime trends require monitoring and may impact insurance costs