| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 51st | Poor |
| Amenities | 49th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 952 14th St, Oakland, CA, 94607, US |
| Region / Metro | Oakland |
| Year of Construction | 1974 |
| Units | 27 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
952 14th St Oakland Multifamily Near Downtown Employment
Neighborhood renter demand is supported by a high renter-occupied share and proximity to major employers, according to WDSuite’s CRE market data, pointing to stable leasing conditions relative to the broader Oakland metro.
This Urban Core location offers daily-needs convenience that supports tenant retention: grocery access ranks in the top percentiles nationally and restaurants are dense for the metro, while cafes and pharmacies are less concentrated. The neighborhood’s average school rating is lower than most areas, which may influence the appeal for family-oriented renters, but walkable amenities and commute options to downtown Oakland help sustain multifamily demand.
For investors, the neighborhood (not the property) posts an occupancy rate in the low-90% range and sits below the metro median among 469 Oakland–Berkeley–Livermore neighborhoods, yet above the national median. Renter concentration is high (the share of housing units that are renter-occupied is among the strongest locally, ranked near the top of 469 neighborhoods), deepening the tenant base for smaller-unit product. Median contract rents in the neighborhood trend in the upper tier nationally, and the rent-to-income profile suggests some affordability pressure to monitor for lease management.
Within a 3-mile radius, WDSuite data shows recent population growth and a larger increase in households, with forecasts indicating continued population and household expansion over the next five years. This points to a larger tenant base and supports occupancy stability for well-positioned assets. Elevated home values and a high value-to-income ratio in the neighborhood signal a high-cost ownership market, which typically reinforces reliance on rental housing and can support pricing power when paired with thoughtful renewals.
Built in 1974, the property is newer than the neighborhood’s older housing stock (average vintage skews 1930s). That positioning can be competitive versus prewar and midcentury assets; however, age-related systems may still warrant targeted capital planning, creating potential value-add upside through selective renovations.
Safety trends are mixed. At the metro level, the neighborhood’s overall crime positioning is around the middle of the pack compared with 469 Oakland–Berkeley–Livermore neighborhoods. Nationally, WDSuite’s data places the area near the median overall, with property and violent offense rates that track below national medians.
Notably, recent year-over-year readings show sizable declines in both violent and property offense rates, indicating improvement momentum. Investors should underwrite to localized conditions and management practices, but the direction of change suggests a gradually stabilizing environment relative to recent periods.
The address sits near a diversified employment base that supports renter demand and commute convenience, including headquarters and major corporate offices such as Clorox, Gap, AIG, Charles Schwab, and Salesforce.
- Clorox — consumer products HQ (0.7 miles) — HQ
- Gap — apparel HQ (6.1 miles) — HQ
- AIG — insurance offices (6.1 miles)
- Charles Schwab — financial services HQ (6.2 miles) — HQ
- Salesforce.com — software HQ (6.3 miles) — HQ
952 14th St offers investors exposure to an Urban Core Oakland location with a deep renter base and strong access to daily needs. The neighborhood’s renter-occupied share is among the highest in the metro, and while neighborhood occupancy levels sit below the metro median, they remain solid on a national basis. Elevated home values and a high value-to-income ratio point to a high-cost ownership market that can sustain reliance on rentals. According to CRE market data from WDSuite, recent safety metrics show meaningful year-over-year improvement, aligning with steady demand drivers.
Constructed in 1974, the asset is newer than much of the surrounding housing stock, offering relative competitiveness versus older inventory while still presenting value-add pathways through systems upgrades and unit renovations. Within a 3-mile radius, population and household growth today—and forecasts for further expansion—signal a growing tenant pool that supports occupancy stability and leasing durability.
- Deep renter pool in an Urban Core setting supports tenant demand and leasing velocity.
- High-cost ownership market reinforces rental reliance and potential pricing power on renewals.
- 1974 vintage is competitive versus older stock, with targeted value-add potential through modernization.
- 3-mile radius shows population and household growth, bolstering the future renter base.
- Risks: neighborhood occupancy below metro median and mixed safety/school ratings require disciplined operations and underwriting.