| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 87th | Best |
| Amenities | 38th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 140 Caldecott Ln, Oakland, CA, 94618, US |
| Region / Metro | Oakland |
| Year of Construction | 2006 |
| Units | 34 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
140 Caldecott Ln, Oakland CA Multifamily Investment
Neighborhood fundamentals point to durable renter demand and above-median occupancy for the metro, according to WDSuite’s CRE market data. The immediate area shows strong incomes and a high-cost ownership market, supporting lease stability for well-positioned assets.
Located in an Inner Suburb pocket of Oakland, the neighborhood rates B+ and is competitive among Oakland–Berkeley–Livermore neighborhoods (ranked 153 of 469). Renter demand is supported by a high-cost ownership environment and household incomes that are strong for the metro and top-quartile nationally, which can translate into steadier collections and pricing resilience for quality units.
Occupancy for the neighborhood sits in the top quartile nationally and is above the metro median, based on CRE market data from WDSuite. While the immediate neighborhood has a lower renter-occupied share, the broader 3‑mile radius shows a sizable renter base (about 40% of units renter‑occupied), which supports leasing velocity for professionally managed multifamily.
Livability skew is toward quiet residential with limited cafes and restaurants in close proximity, but childcare access is comparatively strong and grocery options are moderate relative to national peers. Park access tests above average nationally, adding lifestyle appeal that can aid retention even without heavy retail density at the doorstep.
The asset’s 2006 vintage is newer than the neighborhood average construction year (1993). That positioning can provide a competitive edge versus older local stock, though investors should still plan for mid‑life system updates or light renovations to maintain performance.
Neighborhood rents benchmark near the top of national distributions and have trended upward over the past five years. Combined with a rent‑to‑income ratio that remains favorable for the area, this backdrop supports revenue durability while calling for thoughtful lease management to balance pricing power and retention.
Safety indicators for the neighborhood are better than national averages and competitive among metro peers (ranked 123 of 469 in the Oakland–Berkeley–Livermore area). Recent data point to notable year‑over‑year declines in both property and violent offenses, placing the neighborhood in the stronger tiers nationally for improvement momentum.
As with any infill Bay Area location, conditions can vary by block and time of day. Investors typically evaluate property‑level measures (lighting, access control, parking oversight) alongside neighborhood trends to support resident retention and operational stability.
Proximity to a diversified white‑collar employment base supports commuter convenience and multifamily demand, led by consumer goods, retail apparel, financial services, and technology employers listed below.
- Clorox — consumer products HQ (4.4 miles) — HQ
- Gap — retail apparel HQ (10.2 miles) — HQ
- Aig — insurance services (10.2 miles)
- Charles Schwab — financial services (10.3 miles) — HQ
- Salesforce.com — enterprise software (10.3 miles) — HQ
140 Caldecott Ln offers scale at 34 units with a 2006 vintage that is competitive against older neighborhood stock, reducing near‑term heavy capex risk while leaving room for selective upgrades to enhance rents and retention. The Inner Suburb setting demonstrates above‑median metro occupancy and top‑quartile national standing, indicating stable tenancy potential even as new supply and macro conditions evolve.
Within a 3‑mile radius, population and household counts have grown and are projected to continue increasing, expanding the tenant base. Elevated home values and strong incomes in the neighborhood reinforce reliance on professionally managed rentals and support pricing power, while rent‑to‑income levels suggest manageable affordability pressure. According to commercial real estate analysis from WDSuite, these dynamics align with steady demand near diversified Bay Area employers.
- Newer 2006 construction relative to area average, with potential to capture value via targeted modernization.
- Above‑median metro and top‑quartile national occupancy trends support income stability.
- High‑income households and a high‑cost ownership market underpin rental demand and pricing power.
- Access to major Bay Area employers supports commuter appeal and lease retention.
- Risks: limited walkable dining/retail in the immediate area and a lower renter concentration locally may temper near‑term lease‑up velocity.