| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 70th | Fair |
| Amenities | 94th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 90 Kent Ct, Daly City, CA, 94015, US |
| Region / Metro | Daly City |
| Year of Construction | 1972 |
| Units | 30 |
| Transaction Date | 2013-08-07 |
| Transaction Price | $5,000,000 |
| Buyer | LOGOS PROPERTY INVESTMENT D LLC |
| Seller | REYES BERNARDO R |
90 Kent Ct Daly City Multifamily Opportunity
Neighborhood renter-occupied share is strong and home values are elevated, supporting durable renter demand, according to WDSuite s CRE market data. Focus on tenant base depth and lease retention rather than rapid rent-ups.
This Urban Core pocket of Daly City is competitive among the 193 neighborhoods in the San Francisco San Mateo Redwood City metro, landing in the top quartile for overall neighborhood rating. For investors, that positioning signals a balanced mix of demand drivers and daily-life convenience that helps sustain leasing.
Amenity density stands out: cafes and restaurants benchmark near the top nationally, and grocery and pharmacy access also rate well above national medians. This walkable convenience can aid retention and reduce concessions risk, particularly for larger units catering to households that value services within a short drive or commute.
At the neighborhood level (not the property), more than half of housing units are renter-occupied, indicating a deep tenant pool and multifamily relevance. Median rents track in the higher tiers for the region, while rent-to-income levels suggest room for disciplined pricing before affordability pressure becomes a material retention risk.
Within a 3-mile radius, population has eased modestly in recent years while the number of households increased and is projected to rise further over the next five years. That points to smaller average household sizes and a gradual expansion of the renter pool, which tends to support occupancy stability and steady absorption. Elevated ownership costs in this submarket reinforce reliance on multifamily housing rather than shifting to for-sale alternatives.
Safety indicators for the neighborhood track below national averages overall, with the crime profile ranking in the lower half relative to peers. Compared with neighborhoods nationwide, the area is not among the highest-safety cohorts; however, recent trends show improvement in violent offense rates.
Within the San Francisco San Mateo Redwood City metro (193 neighborhoods total), the neighborhood s safety standing is below the metro median, while year-over-year violent incident levels have been moving in a more favorable direction. Investors should underwrite to prudent security and operating practices and assess block-by-block conditions during due diligence.
Proximity to e-commerce, distribution, hospitality services, biotech, and healthcare investment employers supports commute convenience and a diverse renter base tied to stable regional industries.
- Walmart Global eCommerce HQ e-commerce operations (4.2 miles)
- Core-Mark Holding wholesale distribution (5.3 miles) HQ
- Sfo Airport Marriott Accounting Office hospitality services/finance (7.5 miles)
- Celgene biotech/pharma (8.2 miles)
- McKesson Ventures healthcare investment (9.2 miles)
Positioned in a top-quartile neighborhood within the San Francisco San Mateo Redwood City metro, the property benefits from dense amenities and a renter-driven housing base. High regional home values and solid local incomes reinforce reliance on multifamily, supporting pricing power and lease retention when managed with disciplined renewals. Based on CRE market data from WDSuite, neighborhood rents sit in the higher regional bands while rent-to-income levels remain manageable, indicating room for measured rent growth without unduly elevating turnover risk.
Household counts within a 3-mile radius have been rising and are projected to increase further, suggesting a gradually expanding tenant base even as population levels stay relatively stable. Amenity access and proximity to diversified employers add to demand durability. Investors should nonetheless underwrite conservatively for neighborhood occupancy softness and maintain prudent security line items given area-level safety readings.
- Amenity-rich, top-quartile neighborhood positioning among 193 metro peers supports retention and absorption.
- Renter-occupied share is strong at the neighborhood level, providing depth for larger unit leasing.
- High ownership costs and healthy incomes reinforce demand for professionally managed rentals and pricing discipline.
- Within 3 miles, household growth and projected increases suggest a steady or expanding renter pool.
- Risks: neighborhood occupancy has softened and safety metrics are below national averages underwrite for leasing time and security.