| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13613 Lemoli Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1972 |
| Units | 28 |
| Transaction Date | 2022-01-19 |
| Transaction Price | $7,400,000 |
| Buyer | EMON LLC |
| Seller | LEMOLI APARTMENTS |
13613 Lemoli Ave Hawthorne Multifamily Investment
This 28-unit property built in 1972 operates in a neighborhood with 95.1% occupancy and 84.9% rental tenure, indicating strong renter demand according to WDSuite's CRE market data.
The Hawthorne neighborhood demonstrates solid fundamentals for multifamily investors, with occupancy at 95.1% and an exceptionally high rental tenure rate of 84.9% ranking in the top 1% nationally among 1,441 metro neighborhoods. Median contract rents of $1,632 reflect competitive pricing within the Los Angeles market, while the neighborhood's B+ rating indicates above-average investment conditions.
Built in 1972, this property aligns with the neighborhood's average construction year of 1976, suggesting consistent building stock that may present value-add renovation opportunities for investors seeking to enhance unit appeal and rental rates. The area's amenity density supports tenant retention, with grocery stores ranking in the 99th percentile nationally and strong childcare availability in the 98th percentile.
Demographics within a 3-mile radius show a stable tenant base with 58.7% renter-occupied units and median household income of $80,660. Projected household growth of 36.4% through 2028 and median rent increases to $2,227 indicate expanding renter demand and potential for rental rate appreciation. Home values averaging $601,582 with 56.6% five-year appreciation sustain rental demand by limiting ownership accessibility for many households.
Crime metrics position this neighborhood competitively within the Los Angeles metro area, ranking 580th among 1,441 neighborhoods and achieving the 64th percentile nationally. Property crime rates show improvement with a 15.8% decrease over the past year, while violent crime rates declined significantly by 59.1%, ranking in the 89th percentile nationally for crime reduction trends.
The property benefits from proximity to major corporate employers in the Los Angeles basin, providing diverse employment opportunities that support tenant demand and retention.
- Mattel — toy manufacturing headquarters (3.6 miles) — HQ
- Southwest Airlines Counter — aviation services (4.9 miles)
- Symantec — cybersecurity technology (6.5 miles)
- Microsoft Offices The Reserves — technology services (7.2 miles)
- Air Products & Chemicals — industrial gases (8.7 miles)
This 28-unit Hawthorne property offers investors exposure to a resilient rental market with 95.1% neighborhood occupancy and 84.9% rental tenure ranking in the top 1% nationally. The 1972 construction year presents value-add potential through strategic renovations, while strong demographic fundamentals including 36.4% projected household growth through 2028 support expanding tenant demand. Commercial real estate analysis from WDSuite indicates the neighborhood's B+ rating reflects above-average investment conditions within the competitive Los Angeles market.
Elevated home values averaging $601,582 with significant appreciation trends sustain rental demand by limiting ownership options for many households. The property's location provides access to major employers including Mattel headquarters and technology companies, supporting tenant retention and lease stability in this established South Bay submarket.
- Exceptional rental market fundamentals with 95.1% occupancy and top 1% rental tenure nationally
- Value-add renovation potential with 1972 construction in stable neighborhood
- Strong demographic growth projecting 36.4% household increase through 2028
- Proximity to major employers including Mattel headquarters and technology companies
- Risk consideration: Lower school ratings may impact family tenant appeal and retention