| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 75th | Good |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 855 N Bayshore Rd W, San Jose, CA, 95112, US |
| Region / Metro | San Jose |
| Year of Construction | 1986 |
| Units | 62 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
855 N Bayshore Rd W San Jose Multifamily Opportunity
Neighborhood occupancy has remained resilient with a high share of renter-occupied units, according to WDSuite’s CRE market data, supporting steady demand near Downtown and major employers.
Positioned in San Jose’s Urban Core, the neighborhood scores an A- and ranks 84 out of 344 within the San Jose–Sunnyvale–Santa Clara metro, placing it in the top quartile among metro neighborhoods. For investors, that translates to competitive fundamentals and durable renter interest supported by proximity to jobs and services.
Daily-life amenities are robust: restaurants and cafes are dense (both among the strongest concentrations metro-wide), and park access is well represented. Grocery coverage is above typical urban levels. Service depth is uneven, however, with limited childcare and pharmacy options locally — a manageable consideration for family-oriented leasing strategies.
Renter demand indicators are solid. The neighborhood’s share of renter-occupied housing units is elevated, reinforcing a deeper tenant base and helping support occupancy stability. Median contract rents sit near the upper end of the metro and have advanced over the last five years, while the rent-to-income profile suggests room for disciplined pricing without materially increasing retention risk. High home values (top national percentiles) signal a high-cost ownership market, which tends to sustain reliance on multifamily rentals and support lease retention.
Demographic statistics are aggregated within a 3-mile radius: overall population has edged down modestly, yet household counts have increased and are projected to continue rising alongside smaller average household size through 2028. For investors, that combination points to a larger renter pool and demand for smaller formats over time, which can support occupancy and absorption for well-located assets.
Safety signals are mixed when viewed in context. Within the San Jose–Sunnyvale–Santa Clara metro, the neighborhood’s crime rank is 96 out of 344, placing it above the metro median. Compared with neighborhoods nationwide, however, the area scores below average on safety, particularly for property offenses.
Trend data offers a constructive note: estimated violent and property offense rates have declined markedly over the past year, placing those improvements among the stronger national percentiles. Investors should underwrite to current conditions but note the recent direction of change when assessing retention and operating risk.
The employment base nearby is anchored by software, payments, semiconductor, electronics distribution, and telecom offices, supporting renter demand through short commutes and diversified white-collar payrolls.
- Adobe Systems — software (2.17 miles)
- Paypal Holdings — digital payments (2.40 miles) — HQ
- Qualcomm — semiconductors (2.98 miles)
- Avnet — electronics distribution (3.12 miles)
- Verizon — telecommunications (3.20 miles)
This 62-unit asset benefits from strong Urban Core fundamentals: a renter-heavy neighborhood, proximity to major employers, and a high-cost ownership market that underpins sustained multifamily demand. According to WDSuite’s commercial real estate analysis, neighborhood occupancy remains above national norms with steady five-year rent gains, while rent-to-income levels indicate manageable affordability pressure for prudent lease management.
Three-mile demographics point to a stable-to-expanding tenant base even as population trends level: households are increasing and average household size is declining, which typically supports absorption of smaller units like the property’s average 617-square-foot layouts. Recent safety trends are improving, and service coverage is generally strong, though investors should account for localized service gaps and typical urban operating variability when setting reserves and lease-up assumptions.
- Renter-occupied concentration supports depth of tenant demand and lease stability
- High ownership costs sustain rental reliance and pricing power potential
- Household growth and smaller sizes expand the renter pool for smaller formats
- Walkable amenity base near diversified employers supports retention
- Risks: below-average national safety benchmarks and uneven services; underwrite to urban operating variability