| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 72nd | Fair |
| Amenities | 45th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 750 Oddstad Blvd, Pacifica, CA, 94044, US |
| Region / Metro | Pacifica |
| Year of Construction | 1988 |
| Units | 104 |
| Transaction Date | 2022-04-19 |
| Transaction Price | $25,000,000 |
| Buyer | 750 ODDSTAD LP |
| Seller | PACIFIC OAKS ASSOCIATES |
750 Oddstad Blvd, Pacifica CA Multifamily Investment
High-cost homeownership and above-median neighborhood occupancy support renter demand near Pacifica, according to WDSuite’s CRE market data. Metrics cited reflect neighborhood conditions rather than property-level performance.
Pacifica’s suburban pocket offers solid livability drivers for workforce and professional renters, with neighborhood occupancy above the metro median (ranked 86 among 193). Rents price toward the high end nationally (upper-percentile positioning), which aligns with a high-cost ownership market and tends to sustain multifamily demand and lease retention for well-managed assets.
Within a 3-mile radius, household incomes skew high and have trended upward, supporting the area’s ability to sustain rent levels. Population has edged down in recent years while household size is trending smaller; forward-looking data suggest households could increase even as population contracts, indicating more, smaller households entering the market — a setup that can expand the renter pool and support occupancy stability for appropriately sized units.
Local services are mixed: parks and childcare access perform well versus national peers (both in higher national percentiles), while cafes and pharmacies are relatively sparse. For schools, the neighborhood sits above national averages, which can aid long-term tenant retention for family renters. Compared with metro peers, overall neighborhood quality is competitive but not top-tier, reflected in a mid-to-lower-half neighborhood rank (122 of 193), signaling the need for disciplined operations to capture demand.
Ownership barriers remain elevated versus income levels (value-to-income ratio in a high national percentile) and median home values are among the highest nationally. This high-cost ownership setting generally reinforces reliance on multifamily housing, deepening the tenant base and supporting pricing power, provided properties are positioned correctly.
Safety indicators place the neighborhood toward the higher-crime end within the San Francisco–San Mateo–Redwood City metro (ranked 171 among 193), suggesting investors should underwrite to conservative operating assumptions and consider security-forward asset management.
On a national basis, overall crime levels sit below the midpoint for some measures and near the middle for others, while recent year-over-year changes in both property and violent offense rates show volatility. Interpreting these trends alongside submarket comparables and on-the-ground diligence can help calibrate risk controls without over-weighting short-term swings.
Proximity to major corporate nodes supports commuter convenience and broad white-collar and logistics employment, which can stabilize renter demand. Nearby anchors include Walmart Global eCommerce, SFO-area corporate services, Core-Mark, Franklin Resources, and Gilead Sciences.
- Walmart Global eCommerce HQ — e-commerce operations (4.1 miles)
- Sfo Airport Marriott Accounting Office — corporate services (5.8 miles)
- Core-Mark Holding — distribution & corporate (7.7 miles) — HQ
- Franklin Resources — asset management (10.4 miles) — HQ
- Gilead Sciences — biopharma (10.6 miles) — HQ
750 Oddstad Blvd is a late-1980s multifamily asset in a high-cost ownership market where neighborhood occupancy trends are above the metro median and rents benchmark in upper national percentiles. Based on commercial real estate analysis from WDSuite, these dynamics point to durable demand for well-maintained units, particularly as households within a 3-mile radius trend smaller — a shift that can expand the renter pool even if population growth is muted.
Vintage 1988 implies relative competitiveness versus older neighborhood stock, while still warranting targeted modernization to major systems and common areas to defend against newer deliveries. With elevated home values and strong income profiles nearby, the asset’s positioning can translate into pricing power and retention, provided operations address safety perceptions and amenity gaps seen in select neighborhood services.
- Above-median neighborhood occupancy and high national rent positioning support revenue stability.
- High-cost ownership market reinforces renter reliance on multifamily, aiding leasing and retention.
- 1988 vintage offers competitive standing vs. older stock with value-add upside through modernization.
- 3-mile household trends point to more, smaller households — a support for renter demand.
- Risks: metro-relative safety rank and uneven local amenities require conservative underwriting and active management.