| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Fair |
| Demographics | 11th | Poor |
| Amenities | 27th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8135 International Blvd, Oakland, CA, 94621, US |
| Region / Metro | Oakland |
| Year of Construction | 1983 |
| Units | 76 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8135 International Blvd Oakland Multifamily Investment
Neighborhood occupancy has held in the mid-90s with a renter-occupied share near two-thirds, supporting stable leasing conditions, according to WDSuite’s CRE market data. For investors, that demand depth in a high-cost ownership market like Oakland reinforces income durability for a professionally managed 76-unit asset.
Located in Oakland’s Urban Core, the property benefits from a renter-driven neighborhood profile and strong occupancy. The neighborhood s occupied housing share is high for the metro (renter-occupied units are roughly two-thirds), which signals a deep tenant base and supports multifamily absorption and retention. Neighborhood occupancy trends rank in the top quartile nationally, per WDSuite, suggesting comparatively tight conditions versus many U.S. submarkets.
Livability signals are mixed. Park access performs in the top quartile nationally, while restaurants are competitive for the area. Everyday retail like cafes, groceries, and pharmacies is thinner locally, so residents often rely on nearby corridors for conveniences. Average school ratings trail national benchmarks, which can influence unit mix strategy and targeted renter segments more than overall demand.
Home values in the neighborhood are elevated relative to incomes and trend high versus national norms. In practice, this high-cost ownership market sustains reliance on rental housing and supports pricing power for well-positioned multifamily assets. Rents are above national averages, but investors should monitor rent-to-income levels for affordability pressure and potential lease management considerations.
Within a 3-mile radius, WDSuite data shows modest population growth in recent years with additional increases projected, alongside a larger household count and gradually smaller household sizes. For multifamily owners, that combination points to a broader tenant base and steady demand for professionally managed apartments, even as the near-balanced owner/renter split in the wider area can introduce some competition from ownership for higher-income households.
Vintage matters here: the asset 201983 construction is newer than the neighborhood 27s average stock from the 1940s, offering relative competitiveness versus older buildings. At the same time, systems and finishes from this era may be due for targeted modernization, which can unlock value-add potential and bolster leasing performance against older comparables.
Safety indicators sit below the metro median, though WDSuite 27s data shows notable year-over-year improvement in both property and violent offense rates. Compared with neighborhoods nationwide, the area tracks around the middle of the pack overall but remains a watchpoint locally. For underwriting, investors typically account for security measures and community engagement to support resident retention and asset performance.
Interpreting the metro context: the neighborhood ranks 256 among 469 Oakland-Berkeley-Livermore neighborhoods, placing it below the metro median. Nationally, recent trend improvements are encouraging, but operators should continue to monitor local conditions and tailor on-site practices accordingly.
The location is proximate to a diverse employment base spanning consumer products, logistics, industrial equipment, apparel, and biotech, which supports renter demand through commute convenience to corporate offices listed below.
- Clorox consumer products (6.0 miles) HQ
- Ryder logistics (7.6 miles)
- Caterpillar industrial equipment offices (9.4 miles)
- Celgene biotech offices (11.8 miles)
- Gap apparel (11.8 miles) HQ
8135 International Blvd offers scale at 76 units with neighborhood occupancy in the mid-90s and a renter-heavy housing mix that supports absorption and retention. The 1983 vintage is newer than much of the surrounding stock, creating a practical platform for targeted renovations that can enhance competitiveness versus older properties. According to commercial real estate analysis from WDSuite, elevated ownership costs in this part of Alameda County help sustain rental reliance, while 3-mile population and household growth expand the tenant base over time.
Key considerations include affordability pressure relative to incomes and local safety conditions that, while improving, remain below the metro median. Operators who pair thoughtful value-add execution with disciplined lease management and security practices are positioned to capture demand in a tight occupancy environment.
- Tight neighborhood occupancy and deep renter base support income stability
- 1983 construction offers value-add and modernization upside versus older local stock
- High-cost ownership market reinforces multifamily demand and pricing power
- 3-mile population and household growth broaden the tenant pool over time
- Risks: affordability pressure and safety metrics below metro median, despite recent improvement