| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 29th | Poor |
| Amenities | 63rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1707 36th Ave, Oakland, CA, 94601, US |
| Region / Metro | Oakland |
| Year of Construction | 1980 |
| Units | 24 |
| Transaction Date | 2002-01-31 |
| Transaction Price | $1,360,000 |
| Buyer | 1701-1703 36TH AVENUE OAKLAND LLC |
| Seller | SAN FRNACOSCO BAY AREA LIMITED PARTNERSH |
1707 36th Ave, Oakland CA Multifamily Investment
Positioned in an urban core pocket with strong renter concentration and solid neighborhood occupancy, this asset benefits from steady leasing fundamentals, according to WDSuite’s CRE market data. Elevated ownership costs nearby further support rental demand depth and tenant retention potential.
The property sits within an Urban Core neighborhood of Oakland that offers dense daily conveniences. Restaurant and grocery access rank near the top of metro options, with high counts per square mile for both. Cafe density is also notably strong, while parks and childcare are limited in the immediate area, implying lifestyle trade-offs investors should weigh against walk-to-amenity convenience, based on CRE market data from WDSuite.
For multifamily fundamentals, neighborhood occupancy is in the upper half nationally, supporting baseline stability for lease-ups and renewals. The area shows a high share of housing units that are renter-occupied (top percentile locally), indicating a deep tenant base and consistent demand for apartments. Neighborhood-level NOI per unit benchmarks are also competitive among peer areas, signaling room for professional management to capture operational performance where appropriate.
Demographic statistics aggregated within a 3-mile radius show recent gains in both population and households, with projections calling for continued household growth and a smaller average household size. For investors, that trend points to a larger tenant base and more renters entering the market over time, which can support occupancy stability and absorption of renovated units.
Ownership costs in the neighborhood are elevated relative to incomes by national comparison, which tends to sustain reliance on rental housing and supports pricing power for well-positioned assets. At the same time, rent-to-income readings suggest measured affordability pressure, highlighting the importance of thoughtful lease management to balance retention and rent growth.
Safety indicators for the neighborhood are mixed. Overall crime levels track roughly around national norms, but both violent and property offense rates benchmark weaker than the national average, so investors should underwrite with appropriate diligence and risk-adjusted operating assumptions.
Notably, recent year-over-year trends show substantial declines in both violent and property offenses, with improvement pacing among the stronger deciles nationwide. While conditions can vary block to block, the direction of change is favorable; comparing performance among 469 metro neighborhoods, this improvement context helps frame risk alongside the area’s leasing fundamentals.
Nearby corporate anchors provide a diversified employment base that supports renter demand and commute convenience for workforce tenants, including consumer goods, retail, insurance, financial services, and cloud software firms listed below.
- Clorox — consumer goods (3.3 miles) — HQ
- Gap — apparel retail (9.4 miles) — HQ
- Aig — insurance (9.5 miles)
- Charles Schwab — financial services (9.5 miles) — HQ
- Salesforce.com — cloud software (9.6 miles) — HQ
1707 36th Ave offers a practical value proposition in an Oakland Urban Core setting with strong renter concentration and amenity density. Built in 1980, the asset is newer than much of the surrounding housing stock, which can provide competitive positioning versus older buildings while still leaving room for targeted system upgrades and value-add improvements over time. Neighborhood occupancy sits in the upper half nationally, and elevated ownership costs locally tend to reinforce renter demand, according to CRE market data from WDSuite.
Within a 3-mile radius, population and household counts have grown and are projected to continue rising, pointing to renter pool expansion that supports absorption and renewal stability. Investors should balance these positives against a weaker national safety profile, underwriting prudent operating contingencies while leaning on professional management to capture operational upside from stable demand and modernization potential.
- Urban Core location with dense daily amenities and a high renter concentration supporting a deep tenant base
- 1980 vintage offers competitive positioning versus older local stock with clear value-add and system upgrade pathways
- Neighborhood occupancy in the upper half nationally supports lease-up and renewal stability
- 3-mile household growth and smaller average household sizes indicate renter pool expansion and absorption support
- Risk: safety metrics benchmark weaker nationally; underwrite with diligence and conservative operating assumptions