| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 28th | Poor |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 27300 Creek Rd, Hayward, CA, 94544, US |
| Region / Metro | Hayward |
| Year of Construction | 1981 |
| Units | 33 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
27300 Creek Rd Hayward Multifamily Investment
Neighborhood renter demand is supported by a high renter-occupied share and steady occupancy, according to WDSuite’s CRE market data, positioning this Hayward asset for durable leasing in a high-cost ownership market.
Located in Hayward’s Urban Core, the area surrounding 27300 Creek Rd carries a B- neighborhood rating and shows investor-friendly fundamentals: grocery, restaurant, cafe, childcare, and pharmacy access score well on national benchmarks, while park access is limited. Relative to the Oakland-Berkeley-Livermore metro’s 469 neighborhoods, local livability reads as competitive on amenities but thinner on open space.
Renter-occupied share in the neighborhood ranks 25 out of 469 metro neighborhoods — competitive among Oakland-Berkeley-Livermore neighborhoods — indicating a deep tenant base and supportive demand for multifamily. Neighborhood occupancy trends sit in a higher national percentile, suggesting stability versus many U.S. areas, though performance is closer to mid-pack within the metro, based on WDSuite’s CRE market data.
Within a 3-mile radius, households have grown in recent years and are projected to increase further, with smaller average household sizes over time — dynamics that typically expand the renter pool and support occupancy stability. Median and mean household incomes have risen meaningfully and are expected to continue growing, which can reinforce pricing power for well-positioned units.
Ownership costs are elevated by national standards, and neighborhood home values sit in a high national percentile. This high-cost ownership market tends to sustain multifamily demand and can aid lease retention. School ratings trail national averages, which may concentrate demand among singles, couples, and workforce renters rather than households prioritizing top-rated schools.
Safety conditions track below national averages, with the neighborhood’s overall crime positioning weaker than the typical U.S. neighborhood. Compared with the Oakland-Berkeley-Livermore metro (469 neighborhoods), safety is also below the metro median. However, property crime has improved notably year over year, which indicates a constructive trend to monitor rather than a resolved risk.
For investors, this mix suggests underwriting should account for security line items and potential insurer sensitivity, while recognizing recent improvements in property crime trends as a positive directional signal.
Proximity to a diversified employment base supports renter demand and commute convenience, with nearby roles spanning industrial equipment, logistics, consumer products, electronics manufacturing, and energy.
- Caterpillar — industrial equipment (2.4 miles)
- Ryder — logistics (3.2 miles)
- The Clorox Company — consumer products (10.1 miles)
- Sanmina Corporation — electronics manufacturing (10.3 miles)
- Chevron — energy (10.6 miles) — HQ
This 1981-vintage, mid-size Hayward multifamily asset benefits from a renter-heavy neighborhood profile and occupancy levels that compare well nationally, underpinning day-to-day leasing resilience. Elevated ownership costs in the surrounding neighborhood reinforce reliance on rental housing, while amenity access is strong for daily needs. According to CRE market data from WDSuite, the neighborhood’s income growth and high renter concentration support durable demand; the 1981 vintage also offers potential to capture value through targeted renovations and systems modernization.
Within a 3-mile radius, household growth and rising incomes point to a larger tenant base over time, which can support rent performance and retention if product quality keeps pace. Risks to underwrite include below-average safety metrics and weaker school ratings, balanced by recent improvement in property crime trends and proximity to diverse employment centers that can stabilize the renter pipeline.
- Renter-heavy neighborhood and nationally competitive occupancy support leasing stability
- Elevated ownership costs sustain multifamily demand and aid retention
- Income growth and household expansion within 3 miles bolster the renter pool
- 1981 vintage offers value-add potential via targeted renovations
- Risks: below-average safety and weaker school ratings; monitor improving property crime trend