| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 85th | Best |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 18888 Bollinger Canyon Rd, San Ramon, CA, 94583, US |
| Region / Metro | San Ramon |
| Year of Construction | 1987 |
| Units | 81 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
18888 Bollinger Canyon Rd San Ramon Multifamily Opportunity
In a high-income suburban pocket of San Ramon, neighborhood occupancy remains strong and renter demand is supported by costly ownership alternatives, according to WDSuite’s CRE market data. This positioning favors stable leasing with potential for steady rent performance.
Situated in San Ramon within the Oakland–Berkeley–Livermore metro, the neighborhood scores an A and ranks 30 out of 469 metro neighborhoods, placing it in the top quartile locally. That ranking reflects strong fundamentals for multifamily investors: high household incomes (98th percentile nationally) and robust neighborhood-level NOI per unit performance (98th percentile) that signal pricing power when assets are well-positioned.
Livability drivers are solid. Schools in the neighborhood average roughly 4.5 out of 5 and sit in the 94th percentile nationally, improving family retention and broadening the renter profile. Amenities are competitive with cafes and restaurants both around the 80th–83rd national percentiles, and daily-needs access (grocery, pharmacy, parks) trends above national medians. These are neighborhood metrics, not property-specific occupancy or services.
Ownership costs are elevated (home values at the 100th national percentile), which reinforces reliance on rental housing and supports tenant retention. Neighborhood rent-to-income sits near the national median, pointing to manageable affordability pressure for many renters and steadier collections. Median contract rents and occupancy in the neighborhood are both healthy relative to broader benchmarks, aiding lease stability and renewal potential.
The asset’s 1987 construction is slightly newer than the neighborhood’s average vintage of 1981. That positioning helps competitiveness versus older stock, while still warranting capital planning for aging systems and targeted modernization to capture value-add upside. Within a 3-mile radius, population and households have grown over the last five years and are projected to continue increasing, expanding the tenant base and supporting multifamily demand. These demographic statistics are aggregated within a 3-mile radius and, based on commercial real estate analysis from WDSuite, indicate continued renter pool expansion rather than immediate new unit supply.
Neighborhood safety trends are mixed but generally stable compared with regional and national benchmarks. Overall crime ranks 199 out of 469 metro neighborhoods, which is above the metro median (lower ranks indicate comparatively safer conditions within the metro). Nationally, the area reads around average on composite indices.
Recent directionality is constructive: estimated violent offense rates have declined year over year, and property offenses have also trended lower. Even with these improvements, property crime levels compare weaker nationally (around the lower national percentiles), so investors should underwrite routine security measures, lighting, and access controls. These are neighborhood indicators and not block-level or property-specific figures.
The area draws from a deep East Bay employment base, with major corporate offices supporting commuter convenience and renter demand. Notable nearby employers include Chevron, Ross Stores, The Clorox Company, Caterpillar, and Synnex.
- Chevron — energy HQ & corporate offices (2.5 miles) — HQ
- Ross Stores — retail HQ & corporate offices (7.5 miles) — HQ
- The Clorox Company — consumer products corporate offices (7.6 miles)
- Caterpillar — industrial equipment offices (12.2 miles)
- Synnex — technology distribution (19.4 miles) — HQ
18888 Bollinger Canyon Rd is positioned in a top-quartile San Ramon neighborhood where elevated home values and high household incomes underpin steady multifamily demand and lease retention. Neighborhood occupancy remains strong and rent-to-income trends near national medians, supporting collections and moderating turnover risk. According to CRE market data from WDSuite, the submarket’s amenity base and school quality further reinforce long-term renter appeal.
Built in 1987, the asset is slightly newer than the neighborhood average vintage, offering competitive positioning versus older stock while still inviting targeted value-add and systems modernization to enhance rents. Investor considerations include a relatively modest renter-occupied share in the area, which can limit depth, and property-crime comparisons that warrant prudent security and operations planning.
- Top-quartile neighborhood within the metro with strong income and NOI per unit signals supporting pricing power
- Elevated ownership costs sustain rental demand and bolster renewal potential
- 1987 vintage offers value-add/modernization runway to compete for quality-conscious renters
- Household and population growth within 3 miles expands the future renter pool
- Risks: relatively low renter-occupied share and property-crime comparisons require disciplined leasing, security, and asset management