| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Good |
| Demographics | 73rd | Good |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4194 Hamilton Ave, San Jose, CA, 95130, US |
| Region / Metro | San Jose |
| Year of Construction | 1977 |
| Units | 27 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4194 Hamilton Ave San Jose Multifamily Investment
Stable renter demand supported by high-cost homeownership and strong tech employment nearby, according to WDSuite’s CRE market data. This submarket’s occupancy resilience points to durable cash flow potential for a 27-unit asset.
The property sits in an Urban Core pocket of San Jose that ranks within the top quartile among 344 metro neighborhoods, reflecting strong overall fundamentals and livability. Neighborhood occupancy trends are solid, with the area’s occupancy estimated above the national median and supported by a renter-occupied housing share near one-half, which deepens the tenant base and helps sustain leasing velocity for multifamily assets.
Amenities are a strength: neighborhood access to groceries, childcare, parks, and pharmacies places it in the upper national percentiles, and local schools average around 4.0 out of 5—also high relative to national peers. These factors tend to support renter retention and limit turnover, particularly for working households seeking convenience.
Home values in the neighborhood are elevated versus most U.S. areas (top national percentiles), and the value-to-income ratio is also high. In investor terms, this is a high-cost ownership market that generally sustains reliance on rental housing, reinforcing depth of demand for well-located apartments and offering potential pricing power, while the neighborhood rent-to-income levels imply measured affordability pressure that can be managed through lease strategies.
Within a 3-mile radius, WDSuite indicates households have grown modestly in recent years with forecasts calling for further household gains alongside slightly smaller average household sizes. For multifamily owners, that points to a gradually expanding renter pool and supports occupancy stability. Median contract rents in the neighborhood have risen over the past five years, tracking the region’s growth profile, while remaining competitive against Silicon Valley alternatives based on commercial real estate analysis benchmarks.
Neighborhood safety measures sit below the national median (around the 30th percentile nationwide), indicating investors should underwrite with prudent assumptions for security, insurance, and operational oversight. Recent data also show year-over-year upticks in both property and violent offense rates, so monitoring trend direction is advisable during hold and at renewal.
In context of the San Jose–Sunnyvale–Santa Clara metro, the area remains competitive with other urban pockets, but it is not among the metro’s safest segments. Practical mitigants—lighting, access controls, and coordination with community resources—can help protect retention and limit non-revenue downtime without relying on aggressive rent concessions.
Proximity to major tech employers underpins steady renter demand and commuting convenience for knowledge workers. The immediate area’s workforce is tied to Netflix, Apple, eBay, Adobe, and other Silicon Valley anchors noted below.
- Netflix — media & technology (2.45 miles) — HQ
- Apple - Stevens Creek 8 — technology offices (2.60 miles)
- Ebay — e-commerce & payments (2.76 miles) — HQ
- Apple - Tantau 14 — technology offices (3.07 miles)
- Apple — technology campus (3.98 miles)
This San Jose asset benefits from a deep renter base anchored by high-cost homeownership, strong amenity access, and adjacency to blue-chip employers. Neighborhood occupancy trends are above national norms, and the renter-occupied housing share supports leasing stability. According to WDSuite’s CRE market data, rents have grown over the last five years while household incomes in the 3-mile radius remain high, creating room for disciplined revenue management rather than concession-driven strategies.
Forward-looking metrics show projected growth in households within 3 miles and slightly smaller household sizes, which typically expands the renter pool and supports steady absorption. Elevated home values relative to income reinforce rental reliance, while proximity to major tech campuses should continue to bolster tenant demand and retention through market cycles.
- Occupancy above national norms with durable renter demand in a high-cost ownership market
- Amenity-rich neighborhood and strong schools that support retention and limit turnover
- Tech employment cluster (Netflix, Apple, eBay) provides steady leasing tailwinds
- Household growth within 3 miles and smaller household sizes indicate a gradually expanding renter pool
- Risk: Below-national-median safety and recent offense upticks warrant conservative underwriting and active property management