| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 67th | Fair |
| Amenities | 82nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Harlan St, San Leandro, CA, 94577, US |
| Region / Metro | San Leandro |
| Year of Construction | 1974 |
| Units | 69 |
| Transaction Date | 1994-10-17 |
| Transaction Price | $3,275,000 |
| Buyer | FAUSSNER ROBERT E |
| Seller | OMRAN GEORGE D |
100 Harlan St San Leandro Multifamily Investment
Neighborhood data points to a deep renter base and stable occupancy at the neighborhood level, according to WDSuite’s CRE market data, supporting steady tenant demand for a 1970s asset in San Leandro’s urban core.
Located in the Oakland–Berkeley–Livermore metro, the surrounding neighborhood is rated A- and ranks 76th of 469 metro neighborhoods — top quartile nationally — indicating solid livability and renter appeal for investors screening comparables.
Amenity access is a clear strength: grocery and pharmacy density rank near the top among 469 metro neighborhoods, and the area sits in the 99th percentile nationally for restaurants and the 97th percentile for pharmacies. Transit-served, urban-core settings with this amenity mix tend to support leasing velocity and retention. Park acreage is limited locally, so outdoor space features at the property can differentiate.
At the neighborhood level, occupancy trends are above national norms but trail the metro median, suggesting steady performance with some competitive pressure within the Bay Area. Renter-occupied share is high (above metro median and top decile nationally), which points to a sizable tenant base and supports demand depth for multifamily assets.
The building’s 1974 vintage is slightly newer than the neighborhood’s average construction year. For investors, this typically means competitive positioning versus older stock, while still planning for system modernization and targeted value-add to meet current renter expectations.
Within a 3-mile radius, demographics indicate a large, diverse population with rising incomes over recent years and projections for more households ahead. Forecasts point to household growth and smaller average household sizes, which can expand the renter pool and support occupancy stability. Elevated for-sale values locally imply a high-cost ownership market, which tends to reinforce reliance on rental housing and can underpin pricing power when managed alongside rent-to-income and lease management considerations.
Safety signals are mixed in a way common to urban-core Bay Area locations. The neighborhood sits above the national median for safety on a percentile basis, yet its metro rank indicates relatively higher crime compared with some Oakland–Berkeley–Livermore peers. For investors, this typically translates into emphasizing access control, lighting, and resident engagement to support retention.
Trend data shows meaningful year-over-year improvement in both property and violent offense rates, with some of the strongest reductions in the metro. While conditions can vary block to block, the directional improvement is constructive for long-term holding assumptions.
Nearby corporate offices provide a diversified employment base that supports renter demand and commute convenience, including Ryder, Caterpillar, The Clorox Company, Chevron, and Gilead Sciences.
- Ryder — corporate offices (4.7 miles)
- Caterpillar — corporate offices (6.5 miles)
- Clorox — corporate offices (8.8 miles) — HQ
- Chevron — energy corporate offices (10.8 miles) — HQ
- Gilead Sciences — biotechnology corporate offices (12.7 miles) — HQ
100 Harlan St offers durable renter demand fundamentals in an amenity-rich urban core. Neighborhood occupancy performs competitively at the national level, and renter concentration is high, supporting tenant-base depth and lease-up resilience. Elevated ownership costs in the area further sustain reliance on multifamily rentals, while rent-to-income dynamics suggest manageable affordability pressure that can aid retention when paired with disciplined renewals. Based on CRE market data from WDSuite, the surrounding neighborhood ranks in the metro’s upper tier for amenities, a factor that typically supports leasing stability.
Constructed in 1974, the asset is slightly newer than the neighborhood average vintage, offering relative competitiveness versus older stock. Investors should still plan for targeted system upgrades and selective value-add to meet current renter expectations. Household projections within 3 miles indicate an expanding renter pool over the planning horizon, which can reinforce occupancy and pricing power, while acknowledging typical urban-core considerations such as security programming and competition from newer deliveries across the metro.
- Amenity-rich urban core location supports leasing velocity and retention.
- High renter-occupied share at the neighborhood level indicates a deep tenant base.
- 1974 vintage offers value-add potential while remaining competitive versus older stock.
- Household growth within 3 miles points to a larger future renter pool.
- Risks: urban-core safety considerations and metro-level competition require active management.