| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13622 Chadron Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1989 |
| Units | 60 |
| Transaction Date | 1994-01-05 |
| Transaction Price | $2,500,000 |
| Buyer | ITT FEDERAL BANK FSB |
| Seller | ATTORNEYS EQUITY NATIONAL CORP |
13622 Chadron Ave Hawthorne Multifamily Investment
Stable renter demand and competitive location fundamentals suggest durable occupancy, according to WDSuite’s CRE market data, with value-add potential from a 1989 vintage relative to older neighborhood stock.
Neighborhood and Demand Drivers
The property sits in Hawthorne’s Urban Core, where renter-occupied housing is a dominant share of units, indicating a deep tenant base and steady leasing activity. Neighborhood occupancy trends track in the 71st percentile nationally, supporting near-term stability while allowing for disciplined rent management based on commercial real estate analysis from WDSuite.
Retail and daily-needs access is a strength: grocery, restaurants, cafes, and pharmacies all rank in high national percentiles, reinforcing convenience for residents and supporting lease retention. Park access is limited within the immediate neighborhood, so on-site or nearby private open-space features can be a differentiator for operations.
The average local construction year skews older than this asset; with a 1989 vintage, the property is newer than much of the surrounding stock (average 1976). That positioning can enhance competitiveness versus older comparables, while investors should still plan for system modernization and select common-area upgrades.
Within a 3-mile radius, demographic statistics show incomes trending higher over recent years and forecasts indicating an increase in households, which can expand the renter pool and support occupancy stability. Elevated home values in the area signal a high-cost ownership market, which typically sustains multifamily demand and can aid lease retention.
School ratings in the neighborhood sit below national medians, which may matter for certain renter segments, but strong amenity access and employment connectivity help underpin overall livability for workforce and professional renters.
Safety Context
Neighborhood safety indicators are roughly mid-pack within the Los Angeles-Long Beach-Glendale metro (crime rank 580 among 1,441 neighborhoods) and compare favorably to national norms (overall safety around the 64th percentile nationally). This positioning suggests conditions that are consistent with many infill Los Angeles neighborhoods.
Property offenses benchmark near the 66th percentile nationally with an improving one-year trend, and violent offense measures sit near the national middle but have shown meaningful year-over-year declines. For investors, the directional improvement supports leasing stability assumptions while still warranting standard security and lighting best practices.
Nearby Employers and Commute Access
Proximity to a diversified employment base supports renter demand and retention, led by consumer products, airlines, enterprise software, and industrial gases employers. The following anchors illustrate commute-friendly access for residents: Mattel, Southwest Airlines, Symantec, Microsoft offices, and Air Products & Chemicals.
- Mattel — consumer products (3.8 miles) — HQ
- Southwest Airlines Counter — airlines operations (5.0 miles)
- Symantec — cybersecurity/software offices (6.6 miles)
- Microsoft Offices The Reserves — enterprise software offices (7.3 miles)
- Air Products & Chemicals — industrial gases (8.5 miles)
Investment Thesis
13622 Chadron Ave is a 60-unit, 1989-vintage asset positioned in a renter-heavy Urban Core pocket of Hawthorne. Neighborhood occupancy trends are in the upper national tiers, and elevated ownership costs locally tend to reinforce reliance on multifamily housing, supporting tenant retention and pricing discipline. Strong access to daily amenities and proximity to diversified employers further underpin leasing fundamentals.
The asset’s vintage is newer than the neighborhood average, providing a competitive edge versus older comparables while still leaving room for targeted system upgrades and common-area refreshes to capture value-add upside. According to CRE market data from WDSuite, neighborhood rent levels and incomes have trended upward, but a relatively high rent-to-income environment argues for proactive lease management to balance rent growth with retention.
- Renter-heavy neighborhood with solid occupancy supports demand depth and leasing stability.
- 1989 vintage is competitive versus older local stock, with selective value-add potential.
- Amenity-rich location and diversified nearby employers support retention and pricing power.
- Risks: elevated rent-to-income ratios and below-median school ratings require careful lease management and resident experience focus.