| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 90th | Best |
| Amenities | 96th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 99 Maple St, Redwood City, CA, 94063, US |
| Region / Metro | Redwood City |
| Year of Construction | 2002 |
| Units | 74 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
99 Maple St Redwood City Multifamily Opportunity
Amenity-dense Urban Core location supports steady renter demand and occupancy that trends above the metro median, according to WDSuite’s CRE market data.
Located in Redwood City’s Urban Core, the property benefits from strong neighborhood fundamentals and daily-life convenience. Amenity access ranks competitive among 193 San Francisco–San Mateo–Redwood City metro neighborhoods and sits in the top quartile nationally, with dense coverage of grocery, pharmacy, and dining options that caters to time-constrained renters and supports retention.
Occupancy in the neighborhood is above the metro median, indicating solid leasing depth and reduced downtime risk through cycles. Neighborhood rents benchmark high versus national peers, reinforcing the market’s positioning as a high-cost ownership environment that tends to sustain reliance on multifamily housing rather than ownership, which can support pricing discipline when managed carefully based on commercial real estate analysis from WDSuite.
The asset’s 2002 vintage is newer than the neighborhood’s average construction year (1971), offering relative competitiveness against older stock while still warranting routine capital planning for aging building systems and selective modernization to drive renewal capture.
Within a 3-mile radius, household incomes are elevated and skew toward higher-earning cohorts, which can deepen the tenant base for quality product. Recent years show a modest population dip alongside forecast growth in household count and smaller average household sizes; together, these dynamics suggest a stable or expanding pool of renters and support for occupancy stability at professionally managed properties.
Safety indicators for the neighborhood are mixed relative to the metro and nation. Compared with other neighborhoods in the San Francisco–San Mateo–Redwood City metro (193 total), crime levels rank in the lower tier, signaling higher reported incidents than many peers. Nationally, the area sits below mid-pack percentiles, indicating it is less safe than the typical U.S. neighborhood.
Recent trends are nuanced: estimated property offenses declined year over year, while estimated violent offenses increased. For investors, this argues for proactive security measures, lighting and access control, and attentive property management to support resident satisfaction and leasing performance. Interpret safety at the neighborhood scale rather than the property level, and underwrite with appropriate expense and operational assumptions.
Proximity to major tech and professional services employers anchors demand, offering short commutes that support leasing stability and renewal potential. Nearby employment nodes include Meta, Oracle, and corporate headquarters for Facebook and Robert Half.
- Facebook MPK 22GW-36 — technology offices (3.3 miles)
- Oracle — enterprise software (3.9 miles) — HQ
- Oracle Conference Center — enterprise software/events (4.0 miles)
- Facebook — technology (4.2 miles) — HQ
- Robert Half International — professional staffing (4.2 miles) — HQ
This 74-unit, 2002-vintage asset pairs a downtown Redwood City location with strong amenity density and access to major employers, supporting durable renter demand. Neighborhood occupancy trends above the metro median, and rents benchmark high versus national peers, which can sustain pricing power when balanced against retention goals. Based on CRE market data from WDSuite, the submarket’s high-cost ownership landscape tends to reinforce reliance on multifamily housing, while the property’s newer vintage offers competitive positioning versus older nearby stock.
Within a 3-mile radius, incomes are elevated and forecasts point to a larger household count alongside smaller average household sizes, suggesting a deeper renter pool over time. Near-term underwriting should consider neighborhood safety differentials and continued investment in property operations, security, and selective upgrades to preserve occupancy stability and drive renewal capture.
- Amenity-rich Urban Core location with top-tier grocery, pharmacy, and dining access supporting renter convenience and renewals
- Occupancy trends above the metro median with high national rent positioning aiding disciplined pricing
- 2002 construction is newer than neighborhood average, offering competitive standing versus older stock with targeted modernization upside
- Strong nearby employer base (tech and professional services) underpins leasing depth and retention
- Risk: Neighborhood safety metrics trail metro and national benchmarks, requiring active management and security planning