| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Good |
| Demographics | 33rd | Poor |
| Amenities | 44th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 510 Branham Ln E, San Jose, CA, 95111, US |
| Region / Metro | San Jose |
| Year of Construction | 1993 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
510 Branham Ln E, San Jose Multifamily Investment
High neighborhood occupancy and a high-cost ownership market point to durable renter demand near 510 Branham Ln E, according to WDSuite’s CRE market data.
Located in San Jose’s Urban Core, the neighborhood shows occupancy stability at the neighborhood scale, competitive among the 344 neighborhoods in the San Jose-Sunnyvale-Santa Clara metro. The area’s renter-occupied share of housing units is also competitive within the metro, indicating a meaningful tenant base for multifamily assets and supporting leasing durability.
Ownership costs are elevated relative to incomes (high national percentile for value-to-income ratio), which tends to sustain reliance on rental housing and can support pricing power for well-positioned communities. Median contract rents in the neighborhood sit well above national norms while the rent-to-income ratio remains moderate, a mix that can aid lease retention when managed carefully.
Daily-needs access is a relative strength: grocery availability ranks high nationally, and restaurant density is above national averages. By contrast, parks and cafes are limited locally, and overall amenity mix sits below the metro median—factors investors may offset through on-site offerings or partnerships. Childcare access is a bright spot with a high national percentile, while average school ratings skew low versus national benchmarks, which could influence family renter preferences.
Within a 3-mile radius, recent trends show a slight population dip alongside growth in household counts and families, pointing to smaller household sizes and a gradually expanding renter pool. Forward-looking estimates indicate continued increases in households and higher-income brackets, which can support absorption and renewal performance for professionally managed properties.
The asset’s 1993 construction is newer than the neighborhood’s average vintage (late 1970s). This positioning can be competitive versus older stock while still leaving room for selective modernization of interiors and building systems to drive rent premiums and reduce capital surprises.
Neighborhood safety indicators trend below national averages, with violent and property offense measures sitting in lower national percentiles. Within the San Jose-Sunnyvale-Santa Clara metro’s 344 neighborhoods, this area performs below the metro median for safety. Recent one-year changes show modest increases in estimated offense rates, underscoring the importance of routine security measures and attentive property operations.
For investors, this context argues for pragmatic risk management—lighting, access control, and resident engagement—rather than disqualifying the location outright. Monitoring citywide and neighborhood-level trends over time can help align operating practices with evolving conditions.
Proximity to a diversified tech and corporate employment base supports renter demand through commute convenience and income stability. Nearby employers include IBM, Adobe, eBay, Netflix, and PayPal.
- IBM Silicon Valley Lab — technology R&D (5.9 miles)
- Adobe Systems — software (6.5 miles)
- Ebay — ecommerce (6.8 miles) — HQ
- Netflix — streaming/media (8.5 miles) — HQ
- Paypal Holdings — fintech (9.8 miles) — HQ
This 40-unit asset built in 1993 benefits from a neighborhood with strong occupancy, a sizable renter-occupied housing share, and high ownership costs that reinforce reliance on rental housing. Daily-needs access (notably grocery and restaurants) and proximity to major tech employers underpin leasing, while selective renovations can differentiate the property from older local stock. Based on commercial real estate analysis from WDSuite, these factors indicate durable demand drivers with room for operational upside.
Household growth within a 3-mile radius, alongside rising income cohorts, supports an expanding tenant base and potential renewal strength, even as population trends flatten and average school ratings remain a consideration for family renters. Prudent asset management—including security, unit upgrades, and amenity programming—can help balance risks tied to amenity gaps and below-average safety indicators.
- Occupancy stability at the neighborhood scale supports leasing consistency
- High-cost ownership market sustains rental demand and pricing power
- 1993 vintage offers competitive positioning with value-add upgrade potential
- Proximity to major tech employers underpins income depth and retention
- Risks: below-average safety metrics and limited parks/cafes require proactive operations