| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 66th | Fair |
| Amenities | 66th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 365 Euclid Ave, Oakland, CA, 94610, US |
| Region / Metro | Oakland |
| Year of Construction | 1973 |
| Units | 29 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
365 Euclid Ave Oakland 29-Unit Multifamily Opportunity
High renter concentration and strong amenity density support durable leasing fundamentals for this Oakland urban core asset, according to WDSuite’s CRE market data. Neighborhood occupancy has softened recently, so performance hinges on tenant retention and competitive positioning.
Situated in Oakland’s Urban Core, the property benefits from a dense amenity base that is top-tier nationally for restaurants, cafés, groceries, and park access. This concentration of daily-needs retail and lifestyle options supports renter retention and reduces friction during lease-ups.
The neighborhood shows a high share of renter-occupied housing (competitive among Oakland-Berkeley-Livermore neighborhoods, rank 15 out of 469; top quartile nationally), indicating depth in the tenant pool and consistent multifamily demand. By contrast, neighborhood occupancy has trailed local peers (ranked near the bottom of 469), underscoring the need for active leasing management and value-forward unit positioning.
Demographic statistics aggregated within a 3-mile radius indicate recent population growth and an increase in households, with further household expansion projected through 2028. A growing, higher-income renter pool (median incomes are elevated locally) supports stabilized demand for well-located multifamily, while smaller household sizes point to steady absorption of one- and two-bedroom product.
Elevated home values and a high value-to-income ratio in the neighborhood reinforce reliance on rental housing, bolstering depth of demand and potential pricing power for competitive properties. With median contract rents still calibrated to local incomes, rent-to-income levels suggest manageable affordability pressure that can support lease retention, per commercial real estate analysis from WDSuite.
Built in 1973, the asset is newer than the neighborhood’s average vintage (1959). Investors should plan for capital improvements and modernization to enhance competitiveness versus renovated comparables, while targeting value-add premiums where finishes and building systems are upgraded.
Neighborhood safety trends are mixed in comparison to U.S. benchmarks. Overall crime conditions sit around the national middle, while estimated property and violent offense rates are higher than many neighborhoods nationwide. However, WDSuite’s data shows meaningful year-over-year declines in both categories, indicating improving momentum that investors can monitor alongside operational safeguards.
Within the Oakland-Berkeley-Livermore metro context (469 neighborhoods), recent trajectory suggests the area is roughly middle-of-the-pack locally, with notable improvement over the past year. Investors should underwrite proactive security practices and resident engagement, while recognizing that continued downward trends would be supportive of leasing stability.
The area draws from a diversified employment base that supports renter demand through short commutes to major corporate offices, including regional headquarters in Oakland and San Francisco. The employers below anchor finance, consumer goods, utilities, and technology roles that contribute to leasing stability.
- Clorox — consumer products HQ (1.3 miles) — HQ
- Gap — apparel retail HQ (7.7 miles) — HQ
- Charles Schwab — financial services HQ (7.8 miles) — HQ
- Salesforce.com — enterprise software HQ (7.9 miles) — HQ
- PG&E Corp. — utilities HQ (8.0 miles) — HQ
This 29-unit, 1973-vintage asset is positioned in an amenity-rich Urban Core neighborhood with a deep renter base and high-income households, supporting absorption and renewal prospects. Elevated ownership costs locally tend to sustain multifamily demand, while recent household growth within a 3-mile radius points to an expanding tenant base. According to CRE market data from WDSuite, neighborhood occupancy has softened, so execution will depend on targeted renovations, pricing discipline, and resident retention.
The vintage presents a straightforward value-add path: modernize interiors and building systems to close the gap to renovated product and capture premiums supported by location fundamentals. Proximity to major employers across Oakland and San Francisco adds a commuter draw that can help stabilize occupancy through cycles.
- Amenity-dense location with top-tier national access to groceries, cafés, restaurants, and parks
- High renter concentration and projected household growth (3-mile radius) support a larger tenant base
- 1973 vintage allows for targeted value-add and systems upgrades to enhance competitiveness
- Commute access to anchor employers in Oakland and San Francisco supports leasing stability
- Risks: recent neighborhood occupancy softness and variable safety trends require active management