| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 49th | Poor |
| Amenities | 79th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 330 Baden Ave, South San Francisco, CA, 94080, US |
| Region / Metro | South San Francisco |
| Year of Construction | 1978 |
| Units | 22 |
| Transaction Date | 2018-01-04 |
| Transaction Price | $2,328,000 |
| Buyer | BUTTON MARYANN |
| Seller | BROSNAN CARLA L |
330 Baden Ave South San Francisco Multifamily Investment
This 22-unit property built in 1978 positions investors in a dense rental market with 58.1% of housing units occupied by renters, according to WDSuite's CRE market data.
This South San Francisco neighborhood ranks in the 93rd national percentile for rental occupancy share, indicating strong structural demand for multifamily housing. The area maintains an 89.4% occupancy rate with median contract rents of $2,470, reflecting competitive rental pricing within the San Francisco-San Mateo-Redwood City metro. Demographics within a 3-mile radius show household income growth of 38.8% over five years, with median household income reaching $128,255.
The property's 1978 construction year aligns with the neighborhood average of 1957, suggesting opportunities for value-add improvements and modernization to capture higher rents. Amenity density supports tenant retention, with 9.0 grocery stores per square mile ranking in the 99th national percentile and 22.5 restaurants per square mile providing strong walkability appeal.
Projected demographic trends through 2028 indicate household growth of 34.7% within the 3-mile radius, potentially expanding the renter pool. However, the neighborhood's rent-to-income ratio of 0.26 ranks in the 11th national percentile, suggesting affordability pressures that require careful lease management and retention strategies.
Property crime rates in this neighborhood rank 130th among 193 metro neighborhoods, placing it near the middle of the regional distribution. The violent crime rate of 111 incidents per 100,000 residents has declined 29.1% year-over-year, ranking in the 74th national percentile for improvement trends.
While property crime increased 4.8% year-over-year, the neighborhood's overall crime profile remains competitive within the metro area. Investors should consider security measures and tenant screening as part of standard property management protocols.
The property benefits from proximity to major corporate employers, supporting workforce housing demand and commute convenience for tenants.
- Core-Mark Holding — wholesale distribution headquarters (1.8 miles) — HQ
- Walmart Global eCommerce HQ — e-commerce operations (2.0 miles)
- Sfo Airport Marriott Accounting Office — hospitality services (4.2 miles)
- Celgene — biopharmaceutical (7.9 miles)
- McKesson — healthcare distribution headquarters (9.3 miles) — HQ
This 22-unit property capitalizes on South San Francisco's high rental occupancy fundamentals, with 58.1% of neighborhood housing units occupied by renters—ranking in the 93rd national percentile. The 1978 construction vintage presents value-add opportunities for modernization while household income growth of 38.8% over five years supports rental demand stability. Projected household growth of 34.7% through 2028 within a 3-mile radius indicates expanding tenant pool potential.
Commercial real estate analysis from WDSuite shows the neighborhood achieving $10,227 average NOI per unit, ranking in the 80th national percentile for multifamily performance. However, the rent-to-income ratio ranking in the 11th national percentile nationally signals affordability constraints that require strategic lease management and potential concession planning.
- High rental occupancy market with 58.1% renter-occupied units
- Value-add potential from 1978 vintage in modernizing neighborhood
- Projected 34.7% household growth expanding tenant base through 2028
- Proximity to major employers including Core-Mark Holding and Walmart eCommerce
- Risk: Affordability pressures require careful lease management strategies