| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 37th | Fair |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12627 Eucalyptus Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1986 |
| Units | 48 |
| Transaction Date | 2007-07-25 |
| Transaction Price | $5,800,000 |
| Buyer | MITTAL ADRIANA |
| Seller | KINNINGER DAVID R |
12627 Eucalyptus Ave Hawthorne Multifamily Investment
This 48-unit property built in 1986 benefits from strong neighborhood-level occupancy at 96.7% and a renter-dominated housing market, according to CRE market data from WDSuite.
The Hawthorne neighborhood demonstrates solid fundamentals for multifamily investors, with an A- rating and ranking 340th among 1,441 metro neighborhoods. The area maintains strong occupancy at 96.7%, ranking in the 82nd percentile nationally and indicating stable rental demand. With 76.3% of housing units renter-occupied, this market shows strong reliance on rental housing that supports consistent tenant demand.
Built in 1986, this property aligns with the neighborhood's average construction year of 1962, suggesting potential value-add opportunities through strategic renovations and unit improvements. The area's amenity density ranks in the 95th percentile nationally, with strong access to grocery stores, pharmacies, and restaurants that enhance tenant retention appeal.
Demographics within a 3-mile radius show a stable population base of approximately 241,000 residents, with 63% of housing units renter-occupied. The area's median household income of $86,198 has grown 45.5% over five years, while contract rents increased 35.1% to $1,690. Forecasts indicate household growth of 35% by 2028, expanding the potential tenant base and supporting occupancy stability.
Home values averaging $700,685 with 57% appreciation over five years reinforce rental demand by limiting ownership accessibility. The elevated ownership costs sustain reliance on multifamily housing, supporting lease retention and pricing power for rental properties in this market.
Safety metrics for the neighborhood show mixed trends that require careful consideration. Property crime rates rank in the 84th percentile nationally, indicating relatively favorable conditions compared to other neighborhoods nationwide. However, violent crime trends have shown volatility, with recent increases that warrant monitoring.
The neighborhood's overall crime ranking places it near the middle among 1,441 metro neighborhoods, suggesting typical urban conditions for the Los Angeles market. Investors should factor these safety dynamics into tenant screening, property management protocols, and insurance considerations when evaluating this opportunity.
The surrounding area benefits from proximity to major corporate employers that support workforce housing demand, including toy manufacturer Mattel and several technology companies within commuting distance.
- Mattel — toy manufacturing (1.9 miles) — HQ
- Southwest Airlines Counter — aviation services (3.1 miles)
- Symantec — technology (5.1 miles)
- Microsoft Offices The Reserves — technology (5.5 miles)
- Activision Blizzard — gaming & entertainment (8.8 miles) — HQ
This 48-unit property presents a compelling value-add opportunity in a stable rental market. The 1986 construction year positions the asset for strategic renovations that could capture upside in a neighborhood where occupancy remains strong at 96.7%. The area's high renter concentration of 76.3% provides a deep tenant pool, while growing household incomes and limited ownership accessibility support rental demand fundamentals.
Demographic projections within the 3-mile radius indicate household growth of 35% by 2028, expanding the potential tenant base. The neighborhood's amenity density ranking in the 95th percentile nationally enhances tenant appeal and retention potential. According to multifamily property research from WDSuite, the area's NOI per unit averages $7,679, ranking in the 64th percentile nationally.
- Strong occupancy at 96.7% indicates stable rental demand
- Renter-dominated market with 76.3% of units occupied by tenants
- Value-add potential through strategic renovations of 1986 vintage units
- Projected 35% household growth supports expanding tenant base
- Risk consideration: Mixed safety trends require ongoing monitoring and management protocols