| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 70th | Fair |
| Amenities | 94th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 85 Kent Ct, Daly City, CA, 94015, US |
| Region / Metro | Daly City |
| Year of Construction | 1972 |
| Units | 23 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
85 Kent Ct Daly City Multifamily Investment
High-cost home ownership in San Mateo County supports durable renter demand near Daly City; according to WDSuite’s CRE market data, the surrounding neighborhood shows strong amenity access that can aid leasing stability despite cyclical vacancy shifts.
Located in Daly City’s Urban Core, the neighborhood scores A- overall and is competitive among San Francisco–San Mateo–Redwood City submarkets, ranking 37th out of 193 neighborhoods. Amenity access is a clear strength: cafes, restaurants, groceries, pharmacies, and parks index in the top quartile nationally, offering daily convenience that tends to support tenant retention and leasing velocity.
Rents and incomes are elevated for the metro, and median home values are high relative to incomes, which typically sustains reliance on multifamily housing. Neighborhood-level renter concentration is above most areas nationally, indicating a deep tenant base for mid-size assets like this 23-unit property. While neighborhood occupancy has trended softer than the metro median in recent years, top-tier amenity density and strong household incomes suggest underlying demand remains intact.
Vintage context matters for investors: the property’s 1972 construction is slightly older than the neighborhood average (mid-1970s), pointing to potential value-add through unit and system upgrades. This positioning can help the asset compete against newer stock by targeting functional renovations and curb-appeal improvements aligned with local renter expectations.
Within a 3-mile radius, demographic data indicate modest population contraction recently but an increase in households and families, with forecasts calling for additional household growth alongside smaller average household sizes. For multifamily owners, that dynamic implies a gradually expanding renter pool and supports occupancy stability as more households enter the market. According to CRE market data from WDSuite, neighborhood NOI per unit trends at the high end nationally, reinforcing the area’s capacity to support operating margins for well-managed assets.
Neighborhood safety indicators sit below the national median, with rankings in the lower half among 193 metro neighborhoods, signaling that investors should plan for standard security measures and thoughtful site management. Recent data show improving trends in violent incidents year over year, while property offenses remain an area to monitor relative to national benchmarks.
For underwriting, frame safety as a controllable operational factor: lighting, access controls, and resident engagement can mitigate risk and support retention. These patterns are neighborhood-level and not specific to the property; compare them alongside nearby comps and management practices when evaluating leasing and insurance assumptions.
The area draws from a diversified employment base that supports renter demand and commute convenience, including e-commerce, wholesale distribution, hospitality services, biopharma, and healthcare services.
- Walmart Global eCommerce HQ — e-commerce (4.2 miles)
- Core-Mark Holding — wholesale distribution (5.3 miles) — HQ
- Sfo Airport Marriott Accounting Office — hospitality services (7.5 miles)
- Celgene — biopharma (8.2 miles)
- McKesson — healthcare services (9.2 miles) — HQ
This 23-unit 1972 asset sits in a high-cost ownership market where elevated home values bolster long-run renter reliance and depth. Amenity density ranks among the metro’s stronger areas and supports day-to-day livability that can aid retention. Neighborhood occupancy has been softer than the metro median, but a high share of renter-occupied units and rising household counts within 3 miles point to a stable tenant base over the medium term.
The vintage offers tangible value-add potential through targeted interior and system upgrades, positioning the property to compete with newer stock and capture demand from income-strong households. According to CRE market data from WDSuite, neighborhood performance indicators such as high NOI per unit and strong amenities are consistent with assets that maintain operating margins when paired with disciplined leasing and expense control.
- High-cost ownership environment reinforces multifamily demand and retention
- Amenity-rich Urban Core location supports leasing velocity and day-to-day convenience
- 1972 vintage presents clear value-add and modernization upside
- Household growth within 3 miles expands the renter pool and supports occupancy stability
- Risk: Neighborhood occupancy and safety metrics warrant conservative underwriting and active management