Vandalism / sabotage would still be a concern even if theft isn’t ?

Honestly, not particularly. That area is really chill. It's literally across the street from Pixar's headquarters, and a block or so down from city hall. Utility outages are probably the biggest 'issue' in that neighborhood; we had power outages not infrequently, and this week they had their water main burst and shut down half the businesses nearby.