| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 37th | Fair |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12306 Gale Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1976 |
| Units | 58 |
| Transaction Date | 1994-10-18 |
| Transaction Price | $1,125,000 |
| Buyer | HOLSTEIN DAVID |
| Seller | OSEAN LTD PARTNERSHIP |
12306 Gale Ave Hawthorne Multifamily Investment
Stabilized renter demand and high neighborhood occupancy support income durability, according to WDSuite’s CRE market data. Newer-than-neighborhood-average vintage offers competitive positioning with potential to capture retention in a high-cost ownership market.
Located in Hawthorne’s Urban Core, the property benefits from a neighborhood rated A- and ranked 340 among 1,441 Los Angeles metro neighborhoods, placing it in the top quartile locally. Neighborhood occupancy is 96.7%, a level that typically supports stable leasing and pricing power during turns.
Renter-occupied housing accounts for a high share of neighborhood units (renter concentration of 76.3%), indicating depth in the tenant base for multifamily. The local rent-to-income ratio trends toward tighter affordability (0.28), suggesting prudent lease management and renewal strategies remain important for maintaining occupancy.
Amenity access is a differentiator: restaurants, groceries, pharmacies, parks, and cafes all index at high national percentiles (most in the upper 80s to high 90s), supporting daily convenience and livability that help with retention. Average school ratings skew lower, which may temper family-driven demand but does not diminish appeal to workforce renters drawn by proximity to major job centers.
The building’s 1976 construction is newer than the neighborhood’s average vintage (1962). That relative youth can be a competitive advantage versus older stock, while still leaving room for targeted modernization of systems and interiors as part of a value-add plan.
Within a 3-mile radius, population has edged down modestly over the past five years while median incomes rose; households are projected to increase and average household size to decline. This combination points to a sustained, diversified renter pool and supports occupancy stability for well-managed assets.
Safety indicators are mixed and should be considered in context. The neighborhood’s overall crime rank sits in the lower half among 1,441 Los Angeles metro neighborhoods, while national comparisons place it near the middle of U.S. neighborhoods. Property-related offenses track in a stronger band nationally (upper percentiles), and recent data show a modest year-over-year improvement in property offense rates.
Conversely, violent offense trends reflect a recent uptick versus the prior year, landing below the national median on percentile measures. Investors should underwrite to current operating practices and monitor trendlines rather than block-level assumptions; ongoing management attention and lighting, access control, and resident engagement typically help sustain performance in similar urban locations.
Nearby employment is anchored by corporate offices spanning toys and entertainment, airline services, software, and interactive entertainment, supporting workforce housing demand and commute convenience for renters.
- Mattel — toys & entertainment (1.8 miles) — HQ
- Southwest Airlines Counter — airline services (3.0 miles)
- Symantec — cybersecurity offices (4.9 miles)
- Microsoft Offices The Reserves — software offices (5.3 miles)
- Activision Blizzard — interactive entertainment (8.6 miles) — HQ
This 58-unit asset at 12306 Gale Ave sits in a top-quartile Los Angeles neighborhood with strong renter concentration and 96.7% neighborhood occupancy. According to commercial real estate analysis from WDSuite, elevated home values in the area sustain reliance on multifamily housing, reinforcing demand depth and supporting retention for well-run communities.
Built in 1976, the property is newer than the area’s average vintage, offering competitive positioning versus older stock while still presenting value-add potential through targeted system upgrades and cosmetic enhancements. A 3-mile view shows incomes rising and household counts projected to increase as average household size declines, which can expand the renter pool and support occupancy stability over the hold.
- Top-quartile local rank and 96.7% neighborhood occupancy support stable leasing
- High renter concentration indicates a deep tenant base for multifamily
- 1976 vintage provides competitive positioning with clear value-add pathways
- Elevated ownership costs reinforce rental demand and potential retention
- Risks: softer school scores and recent violent offense uptick warrant active management