| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Poor |
| Demographics | 42nd | Poor |
| Amenities | 80th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1782 D St, Hayward, CA, 94541, US |
| Region / Metro | Hayward |
| Year of Construction | 1990 |
| Units | 103 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1782 D Street Hayward Multifamily Investment
This 103-unit property built in 1990 positions investors in a neighborhood with high renter density and above-average amenity access, according to CRE market data from WDSuite.
The Hayward neighborhood demonstrates strong rental fundamentals with 49.1% of housing units renter-occupied, placing it in the 88th percentile nationally. Neighborhood-level occupancy of 85.9% provides baseline context for absorption planning, though this metric has declined moderately over the past five years. Current median contract rents of $2,095 reflect the 93rd percentile nationally, indicating substantial rent levels relative to comparable markets.
Demographics within a 3-mile radius show a stable tenant base with median household income of $111,005 and projected growth to $153,911 by 2028. The area supports 155,459 residents with household income growth of 41% over five years, creating a deeper pool of qualified renters. Forecasted household count increases of 33.4% through 2028 suggest continued demand for rental units, supporting long-term occupancy stability.
Built in 1990, this property aligns with the neighborhood's average construction year of 1971, positioning it as relatively newer stock that may require less immediate capital expenditure compared to older vintage properties. The neighborhood ranks in the 80th percentile nationally for amenity density, with 9.92 grocery stores per square mile and substantial restaurant access, supporting tenant retention through convenience factors.
Home values averaging $744,294 with 51.7% appreciation over five years create elevated ownership costs that reinforce rental demand. The rent-to-income ratio suggests manageable affordability for the current tenant base, though operators should monitor renewal rates given income distribution patterns.
Safety metrics show mixed performance relative to regional and national benchmarks. The neighborhood ranks 361st among 469 metro neighborhoods for overall crime, placing it in the 36th percentile nationally. Property crime rates of 2,763 incidents per 100,000 residents rank in the 7th percentile nationally, indicating higher property crime levels compared to most U.S. neighborhoods.
Violent crime rates of 609 per 100,000 residents rank similarly at the 8th percentile nationally. However, both property and violent crime have shown improvement trends, with property crime declining 36.2% year-over-year and violent crime decreasing 1.9%, suggesting positive momentum in neighborhood safety conditions that may support tenant retention and leasing velocity over time.
The property benefits from proximity to major corporate employers across the East Bay, providing workforce housing opportunities for commuting professionals.
- Ryder — logistics and supply chain services (3.8 miles)
- Caterpillar — industrial equipment and machinery (4.5 miles)
- Chevron — energy and petroleum — HQ (8.1 miles)
- The Clorox Company — consumer products (8.9 miles)
- Ross Stores — retail operations — HQ (9.9 miles)
This 103-unit property offers exposure to a high-density rental market with 49.1% renter occupancy and substantial amenity infrastructure. Built in 1990, the asset represents newer vintage relative to neighborhood averages, potentially reducing near-term capital expenditure needs while maintaining competitive positioning. Demographic projections show household growth of 33.4% through 2028 within a 3-mile radius, expanding the potential tenant base and supporting long-term demand fundamentals.
Current rent levels at $2,095 median reflect the 93rd percentile nationally, indicating strong pricing power in the submarket. However, multifamily property research suggests monitoring renewal rates given mixed safety metrics and occupancy trends that have softened over recent years. The proximity to major employers including Chevron and Ross Stores headquarters provides workforce housing appeal for commuting professionals.
- High renter density at 49.1% occupancy supports consistent demand
- 1990 construction year reduces immediate capital expenditure risk
- Projected 33.4% household growth through 2028 expands tenant pool
- Premium rent levels at 93rd percentile nationally demonstrate pricing power
- Risk consideration: Safety metrics rank below metro median, requiring tenant retention focus