| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 87th | Best |
| Demographics | 75th | Good |
| Amenities | 91st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1544 Maurice Ln, San Jose, CA, 95129, US |
| Region / Metro | San Jose |
| Year of Construction | 1972 |
| Units | 90 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1544 Maurice Ln San Jose Multifamily Investment
Neighborhood-level occupancy is at the top of the metro and ownership costs are elevated, supporting durable renter demand near West San Jose, according to WDSuite’s CRE market data. Focus here is on income stability from an established renter base rather than speculative lease-up.
This West San Jose location scores well on livability and renter appeal for investors evaluating stabilized income. The neighborhood holds an A rating and ranks 17 out of 344 metro neighborhoods, indicating it is competitive among San Jose–Sunnyvale–Santa Clara submarkets. Amenities are a strength, with grocery, cafes, restaurants, parks, and pharmacies all in high national percentiles, reinforcing daily convenience that helps with tenant retention.
Schools are a standout: the neighborhood’s average school rating ranks 1 out of 344 metro neighborhoods and sits in the top national percentile. For family renters, that positioning tends to support longer tenures and steadier renewal patterns. Neighborhood occupancy is also a notable positive, ranking 1 out of 344 with a top national percentile reading, signaling historically tight availability across nearby properties rather than at any single asset.
Tenure patterns show an estimated 39% of housing units are renter-occupied, providing a sizable renter concentration without overreliance on transient demand. Elevated home values (near the top national percentile) and a high value-to-income ratio point to a high-cost ownership market, which typically sustains reliance on multifamily rentals and supports pricing power and lease retention.
The asset’s 1972 vintage is older than the neighborhood’s average construction year (1987), suggesting investors should plan for targeted capital improvements or value-add renovations to maintain competitive positioning versus newer stock. Within a 3-mile radius, demographics show recent population performance roughly flat with a projected modest increase and a meaningful rise in households ahead; together, that points to a larger tenant base and supports occupancy stability and leasing fundamentals over the medium term.
Safety indicators for the neighborhood trail stronger parts of the metro. The area’s crime rank sits in the lower tier (288 out of 344 metro neighborhoods), and national percentiles indicate it is below average for safety compared with neighborhoods nationwide. Recent year estimates also point to increases in both property and violent offenses. Investors typically underwrite to stronger on-site security practices, lighting, and resident engagement in locations with this profile, and compare trends against nearby submarkets during hold planning.
Proximity to major tech employers underpins workforce renter demand and commute convenience, led by Apple, Netflix, eBay, and Nvidia offices and headquarters within a short drive.
- Apple - Stevens Creek 8 — corporate offices (1.9 miles)
- Apple — corporate offices (3.0 miles)
- Apple — corporate offices (3.0 miles) — HQ
- Netflix — corporate offices (3.2 miles) — HQ
- eBay — corporate offices (4.0 miles) — HQ
- Nvidia — corporate offices (5.5 miles) — HQ
1544 Maurice Ln combines tight neighborhood occupancy, high homeownership costs, and top-tier schools to support durable multifamily demand in West San Jose. Based on CRE market data from WDSuite, the surrounding neighborhood ranks at the high end of the metro on occupancy and amenities, with renter-occupied share providing depth without concentration risk. Elevated ownership costs reinforce renter reliance on multifamily housing, aiding pricing power and renewal stability.
The property’s 1972 vintage is older than neighborhood norms, creating a clear value-add angle through modernization and systems upgrades to stay competitive versus 1980s–2000s product. Within a 3-mile radius, projections show a near-term increase in households and steady incomes, which can expand the local renter pool and support leasing performance across cycles.
- Metro-leading neighborhood occupancy supports income stability
- High-cost ownership market sustains multifamily demand and retention
- Top-ranked neighborhood schools bolster family renter stickiness
- Value-add potential from 1972 vintage via targeted renovations
- Risk: below-average safety metrics warrant prudent security and underwriting