| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13535 Chadron Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1987 |
| Units | 44 |
| Transaction Date | 2002-12-29 |
| Transaction Price | $790,000 |
| Buyer | MARSELLA LTD PARTNERSHIP |
| Seller | POZZUOLI PETER A |
13535 Chadron Ave Hawthorne Multifamily Investment
Positioned in an Urban Core pocket with solid renter demand, neighborhood occupancy trends remain healthy relative to many U.S. areas, according to WDSuite’s CRE market data. Elevated ownership costs in the area support sustained reliance on multifamily housing and stable leasing potential.
Located in Hawthorne within the Los Angeles-Long Beach-Glendale metro, the neighborhood carries a B+ rating and ranks 510 among 1,441 metro neighborhoods, placing it above the metro median. Amenities are a relative strength: the area’s amenity profile ranks 254 of 1,441 (top quartile in the metro) and sits around the upper quartile nationally, with strong access to groceries, cafes, and pharmacies reported by WDSuite.
For investors, renter concentration is a key demand signal: the share of housing units that are renter-occupied is very high (ranked 23 of 1,441, top tier metro-wide), indicating a deep tenant base for multifamily leasing. Neighborhood occupancy trends near the metro median but perform in the top quartile nationally, supporting expectations for steady absorption. Average public school ratings are below national medians, which may skew unit mix appeal toward workforce housing rather than family-driven premium school seekers.
Within a 3-mile radius, demographic data show flat-to-slightly declining recent population but a projected increase in households alongside smaller household sizes, pointing to a larger pool of renting households over the next several years. Income levels have been rising and are forecast to continue growing, which can underpin rent growth and retention for competitively positioned assets.
Home values are elevated versus income levels (high national percentile for value-to-income), reflecting a high-cost ownership market. This context typically reinforces renter reliance on multifamily housing, supporting pricing power and lease stability when properties are appropriately maintained and marketed. Limited park access is a relative weakness, though strong daily-needs coverage helps overall livability for renters.
The property’s 1987 vintage is newer than the neighborhood’s average 1976 construction year, which can provide a competitive edge versus older stock; however, investors should anticipate normal capital planning for systems nearing mid-life and consider selective renovations for repositioning.
Neighborhood safety indicators are mixed but improving in several categories. The area’s overall crime rank sits in a competitive range within Los Angeles (580 of 1,441), and WDSuite’s national comparison places the neighborhood above the national median for overall safety.
Recent trend data show notable year-over-year declines in violent and property offenses, which is a constructive signal for tenant retention and leasing. As with any Urban Core location, investors should underwrite standard security measures and property-level management practices to support resident comfort and asset performance.
Proximity to major employers underpins workforce housing demand and commute convenience, including Mattel, Southwest Airlines operations, Symantec, Microsoft offices, and Air Products & Chemicals.
- Mattel — toys & entertainment (3.7 miles) — HQ
- Southwest Airlines Counter — airline operations (4.9 miles)
- Symantec — cybersecurity (6.5 miles)
- Microsoft Offices The Reserves — software offices (7.3 miles)
- Air Products & Chemicals — industrial gases (8.6 miles)
This 44-unit, 1987-vintage asset sits in a renter-heavy Urban Core location where neighborhood occupancy is solid, and elevated ownership costs help sustain multifamily demand. According to CRE market data from WDSuite, the neighborhood performs above the metro median overall, with strong daily-needs amenities and national top-quartile occupancy, supporting steady lease-up and retention for well-managed properties.
Within a 3-mile radius, forecasts indicate growth in households and rising incomes even as household sizes trend smaller—dynamics that typically expand the renter pool and support rent growth over time. The vintage is newer than the local average, offering relative competitiveness versus older stock; targeted updates can unlock value-add potential while maintaining cost discipline.
- Renter-heavy neighborhood with solid occupancy supports stable leasing and renewal potential.
- Strong amenity access (groceries, cafes, pharmacies) enhances livability and retention.
- 1987 vintage offers a competitive edge over older stock, with value-add upside via selective upgrades.
- Household and income growth within 3 miles points to a larger tenant base and pricing power.
- Risks: below-average school ratings, limited park access, and affordability pressure require careful lease management and expense controls.