| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 87th | Best |
| Demographics | 86th | Best |
| Amenities | 94th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 W Washington Ave, Sunnyvale, CA, 94086, US |
| Region / Metro | Sunnyvale |
| Year of Construction | 1984 |
| Units | 101 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 W Washington Ave Sunnyvale Multifamily Investment
Positioned in Sunnyvale s Urban Core with strong renter demand supported by a high-cost ownership market and deep employment base, according to WDSuite s CRE market data. Neighborhood-level occupancy sits near national norms while renter concentration remains elevated, supporting consistent leasing fundamentals.
This Urban Core location ranks at the top among 344 metro neighborhoods (A+ overall), signaling durable fundamentals for multifamily. Amenity access is a clear strength restaurants, cafes, parks, pharmacies, and groceries are all abundant, placing the area in the top quartile nationally for amenity density. Average school ratings around 4.0 are above many urban peers, reinforcing family-friendly livability that can aid retention.
Renter demand is underpinned by a high share of renter-occupied housing units within the neighborhood, indicating a deep tenant base for multifamily assets. Neighborhood occupancy is around the national median, which suggests steady lease-up potential without relying on outsized concessions. Median asking rents are among the higher levels nationally, reflecting income depth and location quality.
Within a 3-mile radius, households have expanded over the past five years and are projected to continue growing through 2028, while average household size trends slightly smaller. This combination points to a larger tenant base and more renters entering the market, supporting occupancy stability and absorption for professionally managed assets.
Ownership costs are elevated relative to incomes in the neighborhood and metro, a high-cost ownership market that tends to sustain reliance on multifamily rentals. For investors, that dynamic can support pricing power and lease retention even as new supply competes for demand.
Safety performance is mixed in this urban setting. Compared with neighborhoods nationwide, the area trends below the national median for safety, and relative to the San Jose Sunnyvale Santa Clara metro it ranks below the metro average (ranked in the lower tier among 344 neighborhoods). Recent year-over-year estimates indicate property and violent offense rates have risen, so prudent operators often budget for security measures, lighting, and resident engagement to support retention and asset quality.
Proximity to major technology and aerospace employers supports a deep professional renter base and commute convenience, which can help stabilize leasing and renewals. Nearby employers include Apple Benecia 02, Symantec, Comcast Silicon Valley, Lockheed Martin Space Systems, and NetApp.
- Apple Benecia 02 technology offices (1.47 miles)
- Symantec cybersecurity (1.98 miles) HQ
- Comcast Silicon Valley telecommunications (2.00 miles)
- Lockheed Martin Space Systems defense & aerospace (2.77 miles)
- NetApp data storage (2.78 miles) HQ
This 101-unit asset sits in Sunnyvale s top-ranked neighborhood, combining amenity-rich urban living with a renter-heavy housing stock that supports multifamily depth. Neighborhood-level NOI per unit is among the strongest nationally, and median asking rents benchmark high for the region, while occupancy trends hover near national norms. According to CRE market data from WDSuite, elevated home values create a high-cost ownership environment that reinforces reliance on rentals, benefiting lease retention and pricing power for well-managed communities.
Within a 3-mile radius, recent population growth, rising household counts, and projections for further household expansion through 2028 indicate a larger tenant base over time. The nearby concentration of technology and aerospace employers underpins wage strength and commuter convenience, supporting absorption. Key risks include urban safety metrics that track below national medians and the need to manage affordability pressure at higher rent levels.
- Top-ranked neighborhood among 344 in the metro with amenity-rich, renter-oriented fundamentals
- High-cost ownership market supports sustained rental demand and lease retention
- Household growth within 3 miles and strong employer base bolster absorption potential
- Neighborhood-level NOI per unit is top-tier nationally, supporting margin potential
- Risks: safety metrics below national medians and affordability pressure at higher rent levels