| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 92nd | Best |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 335 Macara Ave, Sunnyvale, CA, 94085, US |
| Region / Metro | Sunnyvale |
| Year of Construction | 1985 |
| Units | 108 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
335 Macara Ave Sunnyvale Multifamily Investment
Renter demand is supported by a deep tech employment base and a high neighborhood renter concentration, according to WDSuite’s CRE market data. Occupancy in the surrounding area remains solid, with pricing power reinforced by a high-cost ownership market.
Situated in Sunnyvale’s Inner Suburb fabric, the neighborhood rates in the top quartile among 344 metro neighborhoods, signaling strong fundamentals for multifamily. Cafes, restaurants, parks, and childcare access test above national norms (restaurants and cafes are high, parks are strong, and childcare density is particularly elevated), while immediate grocery and pharmacy options within the neighborhood core are limited—tenants may rely on nearby districts for those needs.
Neighborhood occupancy is healthy and broadly consistent with stabilized Bay Area assets, though current levels trail the metro median; investors should underwrite prudent lease-up and renewal management rather than outsized organic absorption. The renter-occupied share sits high at the neighborhood level (about two-thirds of housing units are renter-occupied), which supports depth of the tenant base and leasing durability.
With median household incomes ranking in the upper tier nationally and a rent-to-income profile that suggests manageable affordability pressure, owners can prioritize revenue management while watching for retention risk at renewal. Elevated home values—well above national norms—indicate a high-cost ownership market that tends to sustain reliance on rental housing and supports occupancy stability.
Within a 3-mile radius, population has expanded in recent years and households have increased, with WDSuite data indicating further household growth ahead and a modest shift toward smaller household sizes. For multifamily, that translates to a larger tenant base and continued demand for well-located units, especially those offering commute convenience to major Silicon Valley employers.
The property’s 1985 vintage is slightly older than the neighborhood’s average construction year. Investors should plan for ongoing modernization—interiors, common-area upgrades, and systems—to remain competitive against newer product while capturing value-add upside in a high-income renter market.
Safety metrics are mixed relative to broader comparisons. The neighborhood ranks 280 out of 344 metro neighborhoods for crime, indicating higher incident rates than much of the metro. Nationally, overall safety performance trends below the midpoint, with property crime closer to the middle of national comparisons and violent crime below the national median.
Recent year-over-year trends show an uptick in reported incidents, so conservative operating plans should account for security-minded measures (lighting, access control, and resident engagement). As with many employment-adjacent urban corridors in Silicon Valley, conditions can vary block to block; investors should confirm on-the-ground patterns and recent enforcement initiatives during diligence.
Proximity to prominent tech and aerospace employers supports a steady renter pipeline and commute convenience for workforce tenants. Nearby anchors include Apple, Symantec, Comcast Silicon Valley, and Lockheed Martin Space Systems.
- Apple - Benecia 02 — technology offices (0.47 miles)
- Symantec Corporation — cybersecurity offices (0.83 miles)
- Symantec — cybersecurity offices (0.88 miles) — HQ
- Comcast Silicon Valley — telecommunications (1.12 miles)
- Lockheed Martin Space Systems — defense & aerospace offices (1.87 miles)
This 108-unit, 1985-vintage asset sits within a high-income, renter-heavy Sunnyvale neighborhood where home values are elevated, reinforcing reliance on multifamily housing. Neighborhood occupancy is solid but below the metro median, suggesting upside through focused renewal management and targeted value-add. Based on CRE market data from WDSuite, the surrounding area shows strong amenity access (food, parks, childcare) with limited immediate grocery/pharmacy options, and a tenant base supported by major employers in Silicon Valley.
The vintage implies near- to medium-term capital planning for interiors and building systems to maintain competitiveness against newer product. Within a 3-mile radius, households have grown and are projected to increase further, pointing to renter pool expansion that can support steady leasing and pricing discipline, balanced by prudent underwriting of operating expenses and security measures.
- High-income, renter-heavy neighborhood supports durable demand and revenue management
- 1985 vintage offers value-add potential through unit and systems modernization
- Proximity to major tech and aerospace employers underpins leasing and retention
- Elevated home values sustain renter reliance on multifamily housing
- Risks: neighborhood safety ranks below metro average and immediate grocery/pharmacy access is limited—plan for security and amenity positioning