| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 87th | Best |
| Demographics | 70th | Good |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 30 E Rosemary St, San Jose, CA, 95112, US |
| Region / Metro | San Jose |
| Year of Construction | 2013 |
| Units | 106 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
30 E Rosemary St San Jose Multifamily Investment
2013-built, 106-unit asset in an A-rated inner-suburban pocket with solid occupancy and a deep renter base, according to WDSuite’s CRE market data.
This Inner Suburb neighborhood carries an A rating and stands in the top quartile among 344 metro neighborhoods, signaling durable location fundamentals for multifamily. Amenities are strong for renters (restaurants and cafes density is above national norms), and parks and daily needs like groceries and pharmacies are accessible, supporting day-to-day livability and retention.
Renter concentration in the neighborhood is high, indicating depth in the tenant base and steady demand for professionally managed units. Elevated home values locally point to a high-cost ownership market that tends to sustain reliance on rentals, which can help maintain occupancy and pricing discipline for well-positioned properties.
Within a 3-mile radius, demographics reflect an upper-income renter pool and a workforce-heavy age mix. While population edged down in recent years, households increased and are projected to rise further, pointing to smaller household sizes and a larger tenant base over time. Median rents track high for the region, but rent-to-income near one-fifth suggests manageable affordability pressure that can support lease retention for quality product.
Vintage matters for competitive positioning: the area’s average construction year is the late 1990s, so 30 E Rosemary St’s 2013 delivery provides an edge versus older stock, though periodic modernization and systems updates remain standard capital planning considerations for the hold period.
Safety conditions are a mixed picture. Compared with national benchmarks, the neighborhood sits on the lower end of safety percentiles, indicating elevated crime levels relative to many U.S. neighborhoods. Within the metro, it is not among the safest cohorts (ranks are on the higher-crime side among 344 metro neighborhoods). Investors should underwrite appropriate security, lighting, access controls, and operating practices.
Trend-wise, recent year-over-year metrics improved materially, with both property and violent offense rates showing notable declines, according to CRE market data from WDSuite. Continued monitoring is prudent, but the directional improvement is a constructive signal for long-term operations.
Proximity to major technology and communications employers supports a steady renter pipeline and commute convenience for residents. The immediate employment base includes PayPal, Adobe, Verizon, Sanmina, and Qualcomm.
- PayPal Holdings — payments technology (1.39 miles) — HQ
- Adobe Systems — software (2.12 miles)
- Verizon — telecommunications offices (2.22 miles)
- Sanmina — electronics manufacturing (2.40 miles) — HQ
- Qualcomm — semiconductor & wireless (2.65 miles)
30 E Rosemary St is a 2013-built, 106‑unit community positioned in a top-quartile, A-rated San Jose neighborhood. The location benefits from a deep renter pool, strong amenity access, and a high-cost ownership market that tends to reinforce multifamily demand. Newer vintage relative to the area’s late‑1990s average provides competitive positioning versus older stock, while proximity to major tech employers supports leasing velocity and retention. Neighborhood occupancy is solid and consistent with sustained renter demand, based on CRE market data from WDSuite.
Within a 3‑mile radius, households have grown and are projected to rise further even as average household size trends lower—factors that typically expand the tenant base and support occupancy stability. While school ratings trail national norms and safety metrics are weaker than many U.S. neighborhoods, recent year‑over‑year improvements in offense rates are constructive. Underwriting should reflect elevated operating standards, but the long‑term renter demand thesis remains intact for quality management and product.
- Newer 2013 vintage versus neighborhood average, enhancing competitive positioning while limiting near-term CapEx versus older peers
- A-rated, top-quartile location among 344 metro neighborhoods with strong amenity access and commuter connectivity
- Deep renter base and high-cost ownership market support demand, pricing discipline, and lease retention
- 3-mile household growth and rising incomes support a larger tenant base and occupancy stability
- Risks: below-average safety metrics and weaker school ratings; plan for diligent operations and resident experience