| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Fair |
| Demographics | 82nd | Best |
| Amenities | 41st | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 18855 Cox Ave, Saratoga, CA, 95070, US |
| Region / Metro | Saratoga |
| Year of Construction | 1979 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
18855 Cox Ave, Saratoga CA — 20-Unit Multifamily
Positioned in an owner-weighted Silicon Valley suburb with steady neighborhood occupancy, this asset benefits from high home values that tend to sustain rental demand, according to WDSuite’s CRE market data.
Saratoga’s Inner Suburb setting offers quiet residential fundamentals with proximity to major West Valley job centers. Neighborhood occupancy is stable, and the area carries a B neighborhood rating, indicating balanced performance among 344 San Jose–Sunnyvale–Santa Clara neighborhoods. High median home values in the immediate neighborhood reinforce renter reliance on multifamily options, supporting lease retention and pricing power for well-maintained assets.
Amenity access is mixed: restaurants are comparatively plentiful for a suburban pocket (above national median), and grocery access is solid, while immediate walk-to cafes, parks, and pharmacies are more limited. Average school quality trends strong for families, with the neighborhood’s schools near the top quartile nationally (4.0 average rating), which can aid long-term renter stability.
Tenure data points to an owner-heavy area. Within the neighborhood, the share of renter-occupied housing units is modest, suggesting a finite but committed renter pool; at the same time, elevated ownership costs expand the depth of demand for quality rentals. In the 3-mile radius, median incomes are high and the rent-to-income profile is manageable by metro standards, which supports renewals and reduces exposure to affordability pressure.
3-mile demographics indicate a slight population dip in recent years, but forecasts point to resumed population growth and a meaningful increase in households alongside smaller average household sizes. For investors, this implies gradual renter pool expansion and demand for professionally managed apartments. These neighborhood and demographic dynamics are synthesized from commercial real estate analysis provided by WDSuite.
Safety indicators are mixed relative to broader benchmarks. The neighborhood’s crime standing sits in the lower half of the 344 San Jose–Sunnyvale–Santa Clara neighborhoods, and overall safety trends below the national median. Property crime levels compare less favorably to national norms, while violent incidents track closer to mid-range.
Recent year-over-year readings suggest improvement in violent offenses, though property-related activity remains an operational consideration. Owners typically address this by emphasizing lighting, access control, and resident engagement. As always, safety can vary by block and over time; investors should corroborate on-the-ground conditions when underwriting.
Proximity to major tech employers underpins renter demand and commute convenience for this workforce, notably Netflix, multiple Apple campuses including the headquarters, and eBay. These nodes help support leasing stability and renewal velocity for nearby multifamily assets.
- Netflix — streaming & technology HQ (2.6 miles) — HQ
- Apple - Stevens Creek 8 — technology offices (3.0 miles)
- Apple - Tantau 14 — technology offices (3.5 miles)
- Apple — technology HQ (3.9 miles) — HQ
- Ebay — ecommerce HQ (4.2 miles) — HQ
18855 Cox Ave is a 20-unit multifamily asset in Saratoga with supportive long-term fundamentals: stable neighborhood occupancy, strong school ratings, and proximity to major tech employment nodes. Elevated neighborhood home values relative to income reinforce sustained renter reliance on apartments, which can aid rent growth and renewal rates for well-managed properties. Based on CRE market data from WDSuite, neighborhood rents are high by national standards, yet local incomes help support rent-to-income levels that are workable for many renters in this submarket.
Built in 1979, the property is newer than the average local vintage, offering competitive positioning versus older stock while still presenting potential value-add through modernization of interiors and building systems. Demographic trends within a 3-mile radius point to forecast growth in population and households alongside slightly smaller household sizes—supportive of a broader tenant base and occupancy stability over a multiyear horizon.
- High-cost ownership market supports durable rental demand and renewal potential
- Proximity to Netflix, Apple, and eBay underpins leasing depth from tech workforce
- 1979 vintage is competitive locally, with modernization upside for rent positioning
- 3-mile forecasts indicate population and household growth, supporting occupancy stability
- Risk: property crime trends and limited immediate walkable amenities warrant prudent OPEX/security planning