| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 25th | Poor |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13415 Doty Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1983 |
| Units | 23 |
| Transaction Date | 1995-01-13 |
| Transaction Price | $685,000 |
| Buyer | BENSON CAPITAL LLC |
| Seller | REDDY DAMODER P |
13415 Doty Ave Hawthorne Multifamily Investment
This 23-unit property benefits from neighborhood-level occupancy at 98.7%, ranking in the top 12% nationally, while renter-occupied units represent 89% of local housing stock according to CRE market data from WDSuite.
Located in an Urban Core neighborhood within Los Angeles County, this area demonstrates strong rental fundamentals with 89% of housing units occupied by renters—ranking 8th among 1,441 metro neighborhoods. The neighborhood maintains 98.7% occupancy, placing it in the 93rd national percentile and well above typical metro performance.
Built in 1983, the property aligns with the neighborhood's average construction year of 1966, suggesting consistent building stock that may present value-add renovation opportunities for investors seeking to modernize units. Median contract rents of $1,551 rank in the 80th national percentile, while demographic data within a 3-mile radius shows a population of approximately 271,000 with household incomes averaging $103,855.
The area's rental dynamics are reinforced by high home values, with median home prices at $787,164 ranking in the 95th national percentile. These elevated ownership costs help sustain rental demand by keeping households in the rental market. Demographic projections indicate household growth of 37% over the next five years, potentially expanding the renter pool and supporting occupancy stability.
Amenity access includes strong park density at 3.89 per square mile (98th national percentile) and exceptional childcare availability at 7.77 facilities per square mile (100th national percentile), factors that can enhance tenant retention. However, the neighborhood shows limited grocery and pharmacy access, which investors should consider for tenant convenience and competitive positioning.
Crime metrics show the neighborhood ranking 987th among 1,441 Los Angeles metro neighborhoods for overall crime, placing it near the middle of the metro range. Property crime rates of 71.4 per 100,000 residents rank in the 71st national percentile, indicating relatively favorable conditions compared to neighborhoods nationwide.
Violent crime rates are lower at 13.0 per 100,000 residents, ranking in the 65th national percentile nationally. However, investors should note that recent trends show increases in both property crime (155% year-over-year) and violent crime (70% year-over-year), which merit monitoring for potential impacts on tenant retention and property insurance considerations.
The property benefits from proximity to major corporate offices and headquarters, providing workforce housing opportunities for employees commuting to established employers including Mattel's headquarters and Southwest Airlines operations.
- Mattel — toy manufacturing headquarters (3.1 miles) — HQ
- Southwest Airlines Counter — airline operations (4.3 miles)
- Symantec — technology offices (6.0 miles)
- Microsoft Offices The Reserves — technology offices (6.7 miles)
- Air Products & Chemicals — industrial offices (9.1 miles)
This Hawthorne property offers stable rental fundamentals anchored by exceptional neighborhood occupancy at 98.7% and a heavily renter-dominated housing market. The 1983 construction year presents value-add renovation opportunities to capture upside in a market where median rents rank in the 80th national percentile. Demographic projections within a 3-mile radius show household growth of 37% over five years, supporting tenant demand, while elevated home values help maintain rental market participation by keeping ownership costs high relative to renting.
Commercial real estate analysis from WDSuite indicates this Urban Core location benefits from proximity to major employers including Mattel's headquarters and Microsoft offices, providing workforce housing demand. However, investors should factor recent crime trend increases and limited grocery access into operational planning and tenant retention strategies.
- Neighborhood occupancy ranks 93rd percentile nationally with 89% renter-occupied units
- 37% projected household growth over five years supports expanding tenant base
- 1983 vintage offers value-add renovation potential in strong rental market
- Proximity to major employers including Mattel HQ and technology offices
- Risk factors include recent crime increases and limited grocery access requiring active management