| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 71st | Good |
| Amenities | 71st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5190 Monaco Dr, Pleasanton, CA, 94566, US |
| Region / Metro | Pleasanton |
| Year of Construction | 1988 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5190 Monaco Dr Pleasanton: Stable East Bay Multifamily
Neighborhood occupancy trends point to steady renter demand and durable leasing, according to WDSuite s CRE market data, which supports an income-focused hold without relying on outsized rent growth.
Pleasanton s inner-suburb setting offers day-to-day convenience that resonates with working households. Amenity access scores above national norms, with parks and childcare options performing in the top quartile nationwide and cafes and grocery also testing well. A lack of nearby pharmacies is a minor service gap investors should note for resident convenience planning.
Schools rate above the national average, a factor that can reinforce long-term renter interest among households prioritizing education. At the same time, the neighborhood s occupancy is competitive versus national benchmarks, supporting stable operations and moderate turnover management. Median contract rents are elevated for the region but are supported by strong household incomes, which can aid collections and lease retention.
Within a 3-mile radius, demographics reflect high-income households and an affluent consumer base. While population has eased slightly, household counts are projected to increase and average household size to decline, implying more households even as the area evolves translating to a broader tenant base for smaller formats and continued demand for professionally managed units. Elevated single-family values and a high-cost ownership market tend to reinforce reliance on multifamily housing, supporting occupancy stability and measured pricing power.
For investors conducting multifamily property research, the neighborhood s renter concentration is meaningful within a primarily owner-leaning market, providing depth without oversaturation. Neighborhood income performance indicators compare favorably with suburban peers, according to WDSuite s market data.
Safety indicators are broadly around the national middle. Within the Oakland Berkeley Livermore metro (469 neighborhoods), the area does not stand out as an extreme on either end. Recent trends point to a meaningful year-over-year decline in property-related incidents, which is constructive for resident sentiment and leasing stability, based on WDSuite s data.
Investors should underwrite conservatively: violent crime metrics are below the national median, while property crime though improving has been more active. Ongoing monitoring and standard safety measures can help support retention and operating performance.
A mix of corporate offices and advanced manufacturing supports commuter convenience and a steady renter pipeline. Notable nearby employers include The Clorox Company, Ross Stores, Chevron, Sanmina, and Lam Research.
- The Clorox Company consumer products offices (3.2 miles)
- Ross Stores retail corporate offices (4.0 miles) HQ
- Chevron energy corporate offices (8.5 miles) HQ
- Sanmina Corporation electronics manufacturing (11.4 miles)
- Lam Research semiconductor equipment (12.1 miles) HQ
This 40-unit asset is positioned in an A-rated Pleasanton neighborhood where occupancy runs above national norms and renter demand is supported by an affluent household base. According to CRE market data from WDSuite, neighborhood income strength and elevated ownership costs reinforce reliance on professionally managed rentals, aiding collections, retention, and steady pricing power.
Forward-looking demographics within 3 miles show households trending upward even as average household size dips, expanding the potential renter pool. Balanced against this are middle-of-the-pack safety readings and a modest amenity gap on pharmacies, which argue for conservative underwriting and continued operational focus.
- Competitive neighborhood occupancy and strong incomes support leasing stability
- High-cost ownership market sustains multifamily demand and retention
- Household growth within 3 miles points to a broader tenant base
- Proximity to major employers underpins workforce housing demand
- Risk: safety metrics are mid-pack and pharmacy access is limited; underwrite conservatively