| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 31st | Poor |
| Amenities | 65th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11644 Acacia Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1972 |
| Units | 26 |
| Transaction Date | 2005-08-30 |
| Transaction Price | $2,500,000 |
| Buyer | PINNACLE ACACIA LLC |
| Seller | 11644 ACACIA AVENUE LLC |
11644 Acacia Ave, Hawthorne CA — Urban Multifamily Hold
Renter-occupied share is high at the neighborhood level and occupancy has been steady, indicating depth of tenant demand according to WDSuite’s CRE market data.
The property sits in an Urban Core pocket of Hawthorne within the Los Angeles metro, where neighborhood occupancy is elevated relative to many U.S. areas, supporting income stability for multifamily assets. The neighborhood ranks above the metro median for occupancy (measured for the neighborhood, not the property), and rent levels trend higher than typical U.S. submarkets, signaling durable renter demand rather than discount-driven leasing.
Amenities are mixed: neighborhood grocery access is strong and restaurants are dense by national standards, while parks, pharmacies, and cafes are sparse. For investors, this favors everyday convenience and workforce-oriented living, though lifestyle amenities skew pragmatic over boutique. Average school ratings are below national midpoints; this can modestly narrow the family-renter segment yet still supports a broad workforce renter base.
At the neighborhood level, the share of housing units that are renter-occupied is high (renter concentration), which typically provides a deeper tenant pool and supports lease-up and retention for similar product. Median home values in the area are elevated relative to national norms; in practice this tends to reinforce reliance on multifamily options and can bolster pricing power when managed alongside renewal strategies.
Within a 3-mile radius, demographics show a slight population contraction alongside rising incomes and a projected increase in households, implying smaller household sizes and continued reshaping of the renter pool. For multifamily investors, this pattern often supports steady absorption of smaller units and helps sustain occupancy, based on commercial real estate analysis from WDSuite.
Neighborhood safety metrics land around the metro median among 1,441 Los Angeles neighborhoods and sit slightly favorable versus the national midpoint. Property-related incidents benchmark in a stronger national percentile, while violent categories track closer to the middle of the pack nationwide.
Recent trends are mixed: property incident estimates show year-over-year improvement at the neighborhood level, while violent categories have moved higher. For investors, this suggests ongoing monitoring and standard security measures are prudent, with conditions broadly comparable to many Los Angeles neighborhoods rather than outliers at either extreme.
The immediate area draws from a diversified employment base spanning consumer products, airline operations, and technology, which supports renter demand through commute convenience and a broad mix of salaries. Notable nearby employers include Mattel, Southwest Airlines, Symantec, Microsoft, and Activision Blizzard.
- Mattel — consumer products corporate offices (2.4 miles) — HQ
- Southwest Airlines Counter — airline operations (3.2 miles)
- Symantec — software/security offices (4.7 miles)
- Microsoft Offices The Reserves — software offices (5.4 miles)
- Activision Blizzard — interactive entertainment corporate offices (8.6 miles) — HQ
This 26-unit asset, built in 1972, benefits from a high-renter neighborhood with strong occupancy and everyday amenity access, supporting stable collections and renewal potential. The vintage is newer than the neighborhood’s average construction year, offering relative competitiveness versus older local stock; investors should still plan for aging systems and selective upgrades to enhance positioning.
Within a 3-mile radius, incomes have risen and households are projected to increase even as population edges lower, indicating smaller household sizes and a resilient renter base. Elevated ownership costs in the neighborhood context tend to sustain reliance on rentals, and according to CRE market data from WDSuite, neighborhood occupancy remains a notable strength compared with many U.S. areas.
- High neighborhood renter concentration supports a deep tenant base and leasing stability.
- 1972 vintage is newer than local average, with value-add potential through targeted modernization.
- Elevated home values locally reinforce multifamily demand and potential pricing power.
- Household growth and rising incomes within 3 miles underpin occupancy resilience and absorption of smaller units.
- Risks: below-average school ratings, mixed safety trends, and modest population decline warrant prudent asset management.