| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Fair |
| Demographics | 83rd | Best |
| Amenities | 53rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 900 Roanoke Dr, Martinez, CA, 94553, US |
| Region / Metro | Martinez |
| Year of Construction | 1978 |
| Units | 120 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
900 Roanoke Dr, Martinez CA Multifamily Investment
Positioned in a suburban Martinez submarket with competitive neighborhood fundamentals, this asset benefits from steady renter demand and occupancy that trends above national medians, according to WDSuite’s CRE market data.
The property sits within a B+ rated neighborhood that is competitive among Oakland-Berkeley-Livermore neighborhoods (ranked 130 of 469), suggesting balanced livability and leasing fundamentals for workforce and professional tenants. Neighborhood occupancy is in the upper half nationally (68th percentile), which supports income stability through typical cycles rather than requiring outsized concessions.
Daily-needs access is a relative strength: parks (90th percentile), childcare density (89th), groceries (70th), and schools averaging 4.0/5 (84th percentile) help underpin family and long-term renter appeal. Restaurant density is mid-pack nationally (66th percentile), while café and pharmacy coverage are lighter locally; investors should expect some residents to rely on short drives to neighboring nodes for certain conveniences.
Within a 3-mile radius, population and household counts have trended upward in recent years, with forecasts pointing to continued household growth and slightly smaller household sizes—conditions that typically expand the renter pool and support occupancy stability. Household incomes skew high relative to national norms, and median contract rents benchmark toward the upper end nationally, reinforcing the importance of maintaining quality and service levels for retention.
The asset’s 1978 vintage is modestly newer than the neighborhood’s average construction year (1970). That positioning can offer competitive footing versus older stock while still warranting targeted capital planning for aging systems and selective renovations to sustain pricing power and reduce longer-term capex surprises.
Safety indicators are mixed and should be evaluated in context. Overall crime sits below the national median for safety (36th percentile nationally) and ranks 362 out of 469 within the metro, signaling that conditions trail many Oakland-Berkeley-Livermore neighborhoods. Property offenses are similarly below national medians for safety (33rd percentile), while violent-offense exposure trends somewhat better than national averages (56th percentile). Conditions vary by micro-area and are trending differently by category, so investors should underwrite with current comps and monitor recent shifts.
Proximity to major East Bay and San Francisco employers supports a deep, diversified renter base and commute convenience for professional households. Nearby anchors include Clorox, Chevron, Gap, AIG, and Salesforce.
- Clorox — consumer products HQ (14.5 miles) — HQ
- Chevron — energy HQ (15.9 miles) — HQ
- Gap — apparel retail HQ (19.9 miles) — HQ
- Aig — insurance offices (19.9 miles)
- Salesforce.com — enterprise software HQ (19.9 miles) — HQ
This 120-unit, late-1970s community sits in a suburban Martinez location where neighborhood performance is competitive within the Oakland-Berkeley-Livermore metro and occupancy trends above national medians. High household incomes in the 3-mile trade area and sustained renter demand support revenue durability, while elevated ownership costs in the area tend to reinforce reliance on multifamily housing and bolster retention.
The 1978 vintage is slightly newer than the neighborhood average, offering relative competitiveness against older stock. Targeted modernization and systems planning can capture value-add upside without full repositioning. According to CRE market data from WDSuite, neighborhood-level rents benchmark toward the high end nationally, so maintaining product quality and service execution is key to sustaining pricing power and limiting turnover.
- Competitive B+ neighborhood ranking within the metro supports stable leasing and tenant retention
- Occupancy trends above national medians indicate resilience across cycles
- High-income 3-mile trade area and elevated ownership costs reinforce multifamily demand
- 1978 vintage enables targeted renovations for rent optimization and long-term capex planning
- Risk: lighter café/pharmacy coverage and mixed safety trends warrant conservative underwriting and amenity programming