| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13526 Kornblum Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1986 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
13526 Kornblum Ave, Hawthorne CA — Multifamily Investment Positioning
Neighborhood data points to durable renter demand and steady occupancy in an Urban Core pocket of Hawthorne, according to WDSuite’s CRE market data, with a deep renter base supporting leasing stability.
Located in Hawthorne within the Los Angeles-Long Beach-Glendale metro, the neighborhood ranks 510 out of 1,441 metro neighborhoods (competitive among Los Angeles neighborhoods) with a B+ rating. Amenity access is a relative strength, with the area placing in the top quartile among 1,441 metro neighborhoods and nationally high concentrations of groceries, restaurants, pharmacies, and cafés. Park access is limited, which may influence lifestyle positioning but is partially offset by dense daily needs nearby.
Multifamily fundamentals are supportive: neighborhood occupancy is 95.1% (above national medians), and the share of renter-occupied housing units is high at 84.9% in the neighborhood. For investors, that renter concentration suggests a sizable tenant base and potential demand depth for Class B assets.
Compared with national CRE trends, home values in the neighborhood sit in a high-cost ownership market (upper national percentiles), which tends to reinforce reliance on multifamily rentals and can aid pricing power and retention for well-managed properties. Median contract rents in the neighborhood also rank high nationally, while a rent-to-income ratio near 0.31 indicates some affordability pressure to monitor in renewal and lease-management strategies.
Demographic statistics are aggregated within a 3-mile radius: households grew modestly over the last five years and are projected to increase further, with smaller household sizes expected. This combination points to a broader renter pool over time and supports occupancy stability for well-located assets. Average school ratings trend below national norms; investors should position amenities and resident services accordingly when competing for family renters.
Vintage considerations: the property was built in 1986, newer than the neighborhood’s average vintage (1976). That relative youth can enhance competitiveness versus older stock, while still warranting capital planning for system modernization or select value-add upgrades.
Safety trends should be viewed in context. Based on neighborhood comparisons, the area sits around the 64th national percentile for safety, indicating moderately favorable conditions relative to many U.S. neighborhoods. Within the metro, it performs competitively versus peer Urban Core locations. Year over year, estimates indicate declines in both property and violent offenses, a constructive signal for resident retention and leasing.
As always, block-level conditions can vary. Investors should pair these comparative trends with on-the-ground diligence and standard operating practices for lighting, access control, and resident engagement.
Proximity to a diversified employment base supports renter demand and commute convenience, notably in consumer products, technology, industrial gases, and airline operations.
- Mattel — consumer products (3.3 miles) — HQ
- Southwest Airlines Counter — airline operations (4.6 miles)
- Symantec — cybersecurity (6.3 miles)
- Microsoft Offices The Reserves — software (6.9 miles)
- Air Products & Chemicals — industrial gases (8.9 miles)
This 24-unit, 1986-vintage asset in Hawthorne benefits from a deep neighborhood renter base, competitive occupancy, and amenity-rich urban context. The property’s vintage is newer than the neighborhood average, offering relative competitiveness versus older stock, with scope to program targeted renovations or system updates as part of a value-add plan. According to CRE market data from WDSuite, NOI per unit trends in the neighborhood are above national medians and occupancy remains healthy, aligning with durable workforce demand.
Investor considerations include positioning against a high-cost ownership environment that supports multifamily reliance, while managing rent-to-income affordability and local school quality perceptions. Forward 3-mile projections indicate growth in households and a gradually expanding renter pool, supporting long-term leasing stability, though operators should continue to monitor market-level employment cycles and neighborhood-level safety performance.
- Deep neighborhood renter concentration supports tenant demand and occupancy stability.
- 1986 vintage offers competitive positioning versus older stock with value-add and modernization upside.
- Amenity-rich Urban Core location with strong daily-needs access underpins resident retention.
- High-cost ownership market reinforces rental demand and pricing power for well-managed assets.
- Risks: affordability pressure (rent-to-income), below-average school ratings, and the need for ongoing safety and market monitoring.