| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Good |
| Demographics | 83rd | Best |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 110 E Remington Dr, Sunnyvale, CA, 94087, US |
| Region / Metro | Sunnyvale |
| Year of Construction | 1977 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
110 E Remington Dr Sunnyvale Multifamily Investment
Strong renter demand supported by nearby tech employers and a high-cost ownership market, according to WDSuite’s CRE market data. Neighborhood-level occupancy is steady but not top-tier, favoring disciplined lease management and amenity-driven positioning.
Sunnyvale’s Urban Core location delivers daily-life convenience that supports retention: restaurants, groceries, parks, pharmacies, and childcare all rank in the top national percentiles, and the neighborhood places 6th out of 344 San Jose–Sunnyvale–Santa Clara neighborhoods for overall amenities. Schools in the area average 4.0 out of 5, signaling family-friendly fundamentals that can sustain longer tenancy.
Within a 3-mile radius, demographics indicate a large professional renter base with rising incomes and a projected increase in households over the next five years. This points to a larger tenant pool and supports occupancy stability. A renter-occupied housing share near two-thirds at the neighborhood level underscores depth of demand for multifamily product, while a lower rent-to-income ratio locally suggests manageable affordability pressure that can aid renewals.
Home values are elevated relative to most U.S. neighborhoods, which typically reinforces reliance on rental housing and supports pricing power for well-managed assets. Compared with metro peers, this neighborhood is competitive to top-quartile on most lifestyle access metrics, according to commercial real estate analysis from WDSuite, translating to day-to-day convenience that helps reduce turnover.
One balancing factor: neighborhood occupancy ranks closer to the lower end within the metro (319 out of 344). Investors should emphasize product differentiation and thoughtful concessions strategy during slower leasing windows, leveraging the area’s strong amenities and income profile to maintain velocity.
Safety indicators here trail both metro leaders and national top quartiles. The neighborhood’s crime position is below the metro average (ranked 252 out of 344 San Jose–Sunnyvale–Santa Clara neighborhoods), and national comparisons place it below the midpoint. That said, recent property offense trends show a slight year-over-year improvement, suggesting stability rather than sharp deterioration.
For underwriting, frame expectations conservatively and focus on standard safety-forward operations (lighting, access control, and resident engagement). Avoid block-level conclusions; the data speak to broad neighborhood patterns rather than any specific parcel.
Proximity to major tech employers supports a deep, higher-income renter base and shorter commutes, which can aid leasing velocity and retention for workforce and professional units. Key nearby employers include Apple, Symantec, Applied Materials, and Comcast.
- Apple — corporate headquarters (1.8 miles) — HQ
- Apple — corporate offices (1.9 miles)
- Apple - Tantau 14 — corporate offices (2.4 miles)
- Apple - Benecia 02 — corporate offices (2.6 miles)
- Apple - Stevens Creek 8 — corporate offices (2.8 miles)
- Symantec Corporation — corporate offices (3.0 miles)
- Symantec — corporate headquarters (3.0 miles) — HQ
- Applied Materials — corporate headquarters (3.2 miles) — HQ
- Comcast Silicon Valley — corporate offices (3.2 miles)
At 48 units in Sunnyvale’s amenity-rich Urban Core, the property benefits from a renter-heavy neighborhood, high household incomes, and proximity to anchor employers. Elevated home values in the area reinforce demand for multifamily housing, while a moderate rent-to-income profile supports renewal potential. Based on CRE market data from WDSuite, neighborhood occupancy trails metro leaders, making unit finishes, management execution, and pricing discipline key to maintaining performance.
The 3-mile demographic view points to population and household growth ahead, expanding the tenant base over the medium term. For investors, the combination of strong location fundamentals and steady household formation should support leasing durability, with returns most responsive to operational enhancements and thoughtful capital programs.
- Renter concentration and high-cost ownership market support durable multifamily demand
- Proximity to major tech employers underpins depth of higher-income tenants
- Amenity-rich location and solid schools help retention and reduce turnover risk
- Operational upside via leasing discipline where neighborhood occupancy lags metro leaders
- Risk: Safety metrics are below national midpoints; prioritize security and resident experience