| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 71st | Good |
| Amenities | 71st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5643 Sonoma Dr, Pleasanton, CA, 94566, US |
| Region / Metro | Pleasanton |
| Year of Construction | 1973 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5643 Sonoma Dr Pleasanton Multifamily with Stable Demand
In a high-cost ownership pocket of Pleasanton, renter demand and neighborhood occupancy remain resilient, according to WDSuite’s CRE market data.
Pleasanton’s inner-suburban location offers daily convenience that supports leasing stability. Neighborhood amenities score competitively, with parks, cafes, and grocery options testing in the top quartile nationally, while pharmacy access is comparatively limited. School quality trends above national medians, reinforcing appeal for a broad renter base.
Relative to the Oakland–Berkeley–Livermore metro, the neighborhood ranks 102 out of 469 on overall amenities, placing it in the top quartile among metro neighborhoods. Neighborhood occupancy trends above the national median, and median contract rents benchmark high nationally, signaling pricing power for well-positioned assets. At the same time, rent-to-income levels sit around the national midpoint, which can aid retention and reduce turnover risk.
The property’s 1973 vintage is older than the neighborhood’s average construction year, pointing to potential capital expenditure planning and value-add upside through targeted renovations, systems modernization, and common-area upgrades. In a submarket with elevated home values and strong household incomes, that positioning can help the asset compete versus older stock when improvements are well-executed.
Within the neighborhood, the share of housing units that are renter-occupied is substantial for an inner suburb, deepening the tenant base. Demographic statistics aggregated within a 3-mile radius indicate high household incomes and steady household counts even as household sizes edge lower, which can support sustained demand for professionally managed multifamily rentals.
Safety indicators are mixed but generally comparable to national norms. Neighborhood crime benchmarks hover around the middle of U.S. neighborhoods, with violent and property offense rates below the top safety percentiles but not among the highest-risk areas either.
According to metro rankings, the neighborhood’s crime position is 283 out of 469, which signals performance near the metro midpoint. Notably, recent data show a meaningful year-over-year decline in estimated property offenses, an improving trend that can support resident retention and leasing consistency. As with any acquisition, investors should evaluate property-level security features, lighting, and access controls as part of due diligence.
Nearby corporate demand drivers include The Clorox Company, Ross Stores, Chevron, Sanmina Corporation, and Lam Research, providing a diversified white-collar employment base and commute convenience that can support leasing and retention.
- The Clorox Company — corporate offices (3.5 miles)
- Ross Stores — corporate offices (4.3 miles) — HQ
- Chevron — corporate offices (8.8 miles) — HQ
- Sanmina Corporation — corporate offices (11.2 miles)
- Lam Research — corporate offices (11.8 miles) — HQ
5643 Sonoma Dr offers exposure to a high-income Pleasanton neighborhood where elevated ownership costs reinforce reliance on multifamily housing and support occupancy stability. Based on CRE market data from WDSuite, neighborhood occupancy trends above national medians while rent levels benchmark high nationally, suggesting room for disciplined pricing on renovated units balanced by manageable rent-to-income dynamics that can aid retention.
Constructed in 1973, the asset is older than the neighborhood average, creating a clear path for value-add through interior updates, building systems, and curb appeal. Demographic statistics aggregated within a 3-mile radius point to strong household incomes, a sizable white-collar employment base, and smaller household sizes over time—factors that can sustain the renter pool and support leasing velocity. Key risks include pharmacy access that lags other amenities and safety metrics that sit near national midpoints, warranting attention to on-site security and resident experience.
- High-cost ownership market supports sustained renter demand and pricing power
- Neighborhood occupancy above national medians, per WDSuite data
- 1973 vintage offers value-add potential via targeted renovations and systems upgrades
- Proximity to regional employers underpins leasing and retention
- Risks: mid-pack safety metrics and limited pharmacy access require attentive operations and security planning