| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Fair |
| Demographics | 36th | Poor |
| Amenities | 49th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2701 High St, Oakland, CA, 94619, US |
| Region / Metro | Oakland |
| Year of Construction | 1989 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2701 High St, Oakland Multifamily Investment
Neighborhood occupancy is strong and ownership costs are elevated, pointing to durable renter demand in this pocket of Oakland, according to WDSuite’s commercial real estate analysis. A 32-unit scale positions the asset to capture steady leasing while managing operational risk.
Located in Oakland’s Urban Core, the surrounding neighborhood trends competitive for everyday convenience: grocery access and parks test in the top tier locally, and restaurants are dense relative to many metro peers, while pharmacies and cafes are comparatively sparse. These dynamics suggest walkable essentials with some gaps investors should underwrite for resident satisfaction and retention, based on CRE market data from WDSuite.
Neighborhood occupancy is high (top quartile nationally), with recent gains supporting stability. The share of housing units that are renter-occupied is 44.7% at the neighborhood level (competitive among 469 metro neighborhoods), indicating a meaningful tenant base without oversaturation. Within a 3-mile radius, renter concentration is modestly higher, reinforcing depth of demand for multifamily.
Home values in the neighborhood rank in the upper decile nationally, reflecting a high-cost ownership market that tends to sustain rental demand and support lease retention. At the same time, rent-to-income levels indicate manageable affordability pressure locally, which can aid renewals and occupancy management.
The average neighborhood building vintage skews older (1939), and this property’s 1989 construction is newer than typical nearby stock—often a competitive advantage on unit layouts and systems. Investors should still anticipate targeted modernization over the hold to sharpen positioning versus renovated comparables.
School ratings are weaker than most U.S. neighborhoods (bottom decile nationally), which may be a consideration for family-oriented renters; however, the amenity mix and commuter access can offset for workforce and adult households. Demographic statistics within a 3-mile radius show recent population growth and a rising household count, pointing to a larger tenant base over time.
Safety metrics place the neighborhood around the metro median (ranked 244 out of 469 metro neighborhoods), indicating conditions that are neither among the safest nor the most challenged in the region. Compared with neighborhoods nationwide, safety percentiles are lower, so investors should underwrite prudent security measures and resident communication.
Trend data is constructive: both violent and property offense estimates show substantial year-over-year declines, placing the neighborhood in a stronger improvement cohort versus many U.S. areas. This directional improvement can support leasing and retention, but sustained monitoring of local trends remains important for risk management.
Proximity to established corporate employers supports a diverse renter pool and commute convenience for residents. The nearby base includes Clorox, Ryder, Gap, AIG, and Charles Schwab, which can help stabilize leasing and renewals.
- Clorox — consumer products HQ (4.1 miles) — HQ
- Ryder — logistics (9.9 miles)
- Gap — apparel retail HQ (10.3 miles) — HQ
- Aig — insurance (10.4 miles)
- Charles Schwab — financial services HQ (10.4 miles) — HQ
2701 High St offers 32 units in a neighborhood with high occupancy and a renter base that extends across the broader 3-mile radius, supporting day-one demand and renewal potential. Elevated home values relative to national norms create a high-cost ownership backdrop that tends to reinforce reliance on rental housing, while rent-to-income levels suggest manageable affordability pressure for operators focused on retention and disciplined pricing. According to CRE market data from WDSuite, the area’s occupancy trends sit above national averages, and the local amenity mix (strong grocery, parks, and restaurants) underpins daily livability even as certain services remain thinner.
Built in 1989—newer than the neighborhood’s older housing stock—the property should compare favorably on core systems and layouts, with room for targeted upgrades to enhance competitiveness versus renovated peers. Demographic statistics aggregated within a 3-mile radius show population growth and a continued increase in households through the forecast period, expanding the tenant base and supporting long-term leasing fundamentals.
- High neighborhood occupancy and expanding 3-mile tenant base support leasing stability
- High-cost ownership market bolsters rental demand and renewal potential
- 1989 vintage offers competitive positioning with value-add upgrade pathways
- Strong grocery, park, and restaurant access enhance livability for residents
- Risks: weaker school ratings and lower national safety percentiles warrant conservative underwriting and asset-level security planning