| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Good |
| Demographics | 73rd | Good |
| Amenities | 54th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5404 Drysdale Dr, San Jose, CA, 95124, US |
| Region / Metro | San Jose |
| Year of Construction | 1974 |
| Units | 96 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5404 Drysdale Dr, San Jose Multifamily Investment
Neighborhood occupancy is strong and ownership costs are elevated, pointing to durable renter demand near major Silicon Valley employers, according to WDSuite’s CRE market data.
This Urban Core pocket of San Jose (neighborhood rating: B+) supports multifamily with high neighborhood occupancy and a smaller but steady renter-occupied share, indicating a reliable tenant base rather than a transient one. Median home values are elevated for the metro, which tends to sustain rental reliance and supports lease retention for well-managed assets.
Schools score well for the area, with average ratings near the top nationally, and parks and childcare access test strong, helping bolster livability for family renters. Cafe and pharmacy density is thinner, but grocery access is competitive relative to national norms, which covers day-to-day needs without undermining renter appeal.
At the neighborhood level, occupancy performance sits in a high national percentile, signaling resilience through cycles. Rents benchmark in the premium tier locally, but rent-to-income levels suggest manageable affordability pressure for area households, which can aid renewal probabilities when paired with disciplined lease management.
Demographic statistics aggregated within a 3-mile radius show recent population and household growth with incomes skewing high, reinforcing depth in the renter pool. Forward-looking projections point to a larger household count even as average household size trends down, which typically supports demand for rental units and occupancy stability for conventional multifamily.
Safety indicators for the neighborhood are positioned modestly above the national midpoint overall, providing a comparatively stable backdrop for workforce and professional renters. Year over year, both violent and property offense estimates have trended down, which aligns with improving conditions versus national patterns.
Within the San Jose–Sunnyvale–Santa Clara metro, the area compares competitively to many neighborhoods, though investors should continue to underwrite standard security, lighting, and access-control measures typical for 1970s garden assets to support retention and protect common areas.
Proximity to large tech employers underpins leasing stability and renewal prospects, with strong commuter access to Netflix, eBay, Adobe Systems, Apple’s Tantau offices, and Apple’s headquarters.
- Netflix — streaming media (3.3 miles) — HQ
- eBay — e-commerce (3.9 miles) — HQ
- Adobe Systems — software (6.3 miles)
- Apple - Tantau 14 — consumer electronics offices (8.3 miles)
- Apple — consumer electronics (9.3 miles) — HQ
5404 Drysdale Dr is a 1974-vintage, 96-unit asset positioned in a high-cost ownership market within San Jose’s Urban Core. Neighborhood occupancy ranks in a high national percentile and premium home values reinforce reliance on multifamily, supporting retention for quality operations. Based on CRE market data from WDSuite, rent levels are premium but rent-to-income conditions point to manageable affordability pressure relative to local incomes, which can sustain renewals.
The 3-mile trade area shows strong incomes and a growing household base despite smaller household sizes ahead, implying a broader tenant pool over time. Relative to older 1960s stock nearby, 1974 construction can compete well, with potential to drive returns through targeted modernization of interiors, building systems, and curb appeal to capture durable demand from nearby tech employment nodes.
- High neighborhood occupancy and elevated ownership costs support leasing stability and renewals.
- 1974 construction offers value-add potential via selective updates versus older local stock.
- 3-mile area shows strong incomes and expanding household counts, helping deepen the renter pool.
- Near major tech employers, supporting demand for professionally managed, well-located units.
- Risks: premium rent levels and modest neighborhood renter concentration require careful lease management and competitive amenities.