vi

1031 Exchange Oakland-East Bay, California

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Oakland-East Bay due to their correlations with market demand, and conversely, vacancy rate.

Surrounding metropolitan Area

Oakland-East Bay, California is a part of the San Francisco-Oakland-Berkeley, CA metropolitan area, and contains 26 zip codes, including: 94613, 94623, 94612, 94622, 94661, and 94649.

Oakland-East Bay Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Oakland-East Bay, CA metropolitan area was $2,268, which is 29.23% higher than 2014 average rent. This represents a compounded annual growth rate of 5.26%. 2019 vacancy in Oakland-East Bay, CA was 4.30%.

The total population of the city of Oakland-East Bay, CA has grown 9.82% since 2010. As of 2018, the population was 429,082. The median household income of the Oakland-East Bay was $68,442, which is 13.52% higher than the national average.

  • metropolitan area San Francisco-Oakland-Berkeley, CA
  • avg rent $2,268
  • rent growth 29.23%
  • vacancy 4.30%
  • median income $68,442
  • population (2018) 429,082
  • population growth 9.82%
  • vs. nat'l avg 13.52%
  • zip codes 94601 94602 94603 94604 94605 94606 94607 94609 94610 94611 94612 94613 94614 94615 94617 94618 94619 94621 94622 94623 94624 94649 94659 94660 94661 94666

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities