| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 89th | Best |
| Demographics | 56th | Fair |
| Amenities | 86th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3975 Vistapark Dr, San Jose, CA, 95136, US |
| Region / Metro | San Jose |
| Year of Construction | 2000 |
| Units | 83 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3975 Vistapark Dr San Jose Multifamily Opportunity
Neighborhood fundamentals point to steady renter demand and high occupancy, according to WDSuite’s CRE market data. This submarket’s renter concentration and elevated ownership costs support income durability for an 83-unit asset benefiting from late-1990s/2000s vintage competitiveness informed by ongoing commercial real estate analysis.
Located in San Jose’s Urban Core, the neighborhood carries an A- rating and ranks 62 out of 344 metro neighborhoods, placing it above the metro median in overall performance. WDSuite’s CRE market data indicates neighborhood occupancy near the high end locally and in the top quintile nationally, supporting income stability for multifamily assets.
Daily conveniences are strong: restaurants, grocery, cafes, parks, and pharmacies score in the 80th–90th national percentiles, signaling amenity density that supports retention and leasing velocity. Average school ratings trend below national medians, which may influence family-oriented leasing strategies, but the broader amenity set helps sustain demand from working households.
Construction stock in the neighborhood skews newer than many peers (average year 1992). With a 2000 construction year, the property is newer than the local average, providing relative competitiveness against older inventory while still warranting targeted system updates or common-area refreshes to sustain positioning.
Tenure patterns are favorable for multifamily: the share of housing units that are renter-occupied is 57.6% at the neighborhood level, indicating a deep tenant base and supporting demand stability. Within a 3-mile radius, demographics show high household incomes and rising rents, with forecasts calling for more households and slightly smaller household sizes by 2028—factors that typically expand the renter pool and support occupancy.
Home values in the neighborhood are elevated relative to national norms, and value-to-income ratios sit near the higher end nationally. For investors, this high-cost ownership market tends to reinforce reliance on multifamily rentals, aiding lease retention and pricing power when paired with measured rent-to-income ratios that sit on the lower end nationally.
Safety trends should be framed comparatively rather than block-by-block. The neighborhood’s safety rank sits below the metro median among 344 San Jose–Sunnyvale–Santa Clara neighborhoods, and national comparisons place it below the median nationally. However, WDSuite’s CRE market data shows recent year-over-year declines in both violent and property offense rates, indicating improvement momentum that investors should monitor alongside on-the-ground management practices.
For underwriting, pair these trends with operational mitigants—access control, lighting, and security coordination—and track continued directionality rather than relying on single-year snapshots.
Proximity to major tech and corporate employers supports a deep renter pool and commute convenience for residents, helping stabilize leasing and reduce turnover risk. Key nearby employers include eBay, Adobe, Netflix, IBM, and PayPal.
- eBay — technology marketplace (4.4 miles) — HQ
- Adobe Systems — software (4.6 miles)
- Netflix — streaming media (6.3 miles) — HQ
- IBM Silicon Valley Lab — enterprise software & research (7.9 miles)
- Paypal Holdings — fintech (8.0 miles) — HQ
The investment case centers on durable renter demand, high neighborhood occupancy, and proximity to anchor employers. Based on CRE market data from WDSuite, the neighborhood ranks above the metro median overall with strong amenity access and a renter-occupied share that supports a sizable tenant base. Elevated home values and ownership costs tilt households toward renting, while rent-to-income ratios trend on the lower end nationally—factors that can aid retention and measured pricing power.
Built in 2000, the asset is newer than the local average stock, providing competitive positioning versus older properties and an opportunity to capture demand with selective modernization. Demographic data within a 3-mile radius points to high incomes and a projected increase in households alongside slightly smaller household sizes, which typically supports occupancy stability and demand for multifamily units.
- High neighborhood occupancy and above-median overall ranking support stable income potential.
- Elevated ownership costs reinforce reliance on rentals, aiding pricing power and lease retention.
- 2000 vintage offers competitive positioning with targeted value-add through system upgrades and common-area improvements.
- 3-mile demographics indicate high incomes and more households ahead, expanding the renter pool.
- Risk: safety metrics sit below the metro median; continued monitoring and property-level mitigations are prudent.