| 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 | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
13622 Chadron Ave Hawthorne Multifamily Investment Opportunity
Neighborhood metrics point to stable renter demand and solid occupancy, according to WDSuite’s CRE market data. Focused leasing and renewal strategies can benefit from the area’s strong renter concentration while minding affordability pressure.
Competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 510 of 1,441), the Urban Core location offers daily convenience that supports leasing velocity. Amenity access is a relative strength, with the area’s amenity mix performing in the top quartile among 1,441 metro neighborhoods and national percentiles indicating strong grocery, restaurant, cafe, and childcare density. Limited nearby park access suggests outdoor space within the asset could be a differentiator.
The property’s 1989 vintage is newer than the neighborhood’s average construction year (1976), which generally provides a competitive edge versus older stock; investors should still plan for system updates and selective modernization to sustain positioning.
Renter-occupied housing is a defining feature locally, with a high renter concentration at the neighborhood level that supports depth of tenant demand and occupancy stability. Neighborhood occupancy sits solidly above national medians, and median contract rents have risen over the past five years, aligning with steady renter demand. Elevated home values and a high value-to-income ratio in the neighborhood signal a high-cost ownership market, which tends to reinforce reliance on multifamily rentals and can aid lease retention.
Within a 3-mile radius, demographic statistics show a broadly stable population with projections for modest population growth alongside a meaningful increase in households and smaller average household sizes. This shift typically expands the renter pool and supports steady absorption for well-maintained multifamily assets. Average school ratings are below national medians, which is a consideration for family-oriented renters, but day-to-day amenity access and commute connectivity remain local strengths that appeal to a broad renter base.
Safety indicators are mixed but broadly favorable versus national benchmarks. The neighborhood’s overall crime positioning is above the metro median (ranked 580 of 1,441) and in the upper half nationally (around the 64th percentile), suggesting comparatively better conditions than many peer areas. Recent trend data shows notable year-over-year declines in both violent and property offense rates, indicating improving conditions rather than a deterioration.
As with any Urban Core location, conditions can vary block to block, so prudent on-site assessment and security practices remain standard risk management for investors.
Nearby employers provide a diversified white-collar and operations employment base that supports renter demand and retention through commute convenience, including Mattel, Southwest Airlines Counter, Symantec, Microsoft Offices The Reserves, and Air Products & Chemicals.
- Mattel — corporate offices (3.8 miles) — HQ
- Southwest Airlines Counter — airline operations (5.0 miles)
- Symantec — cybersecurity offices (6.6 miles)
- Microsoft Offices The Reserves — technology offices (7.3 miles)
- Air Products & Chemicals — industrial gases offices (8.5 miles)
13622 Chadron Ave offers investors exposure to an Urban Core pocket of Hawthorne where renter concentration and amenity access underpin demand. Neighborhood occupancy is solid and renter-occupied share is high, supporting a deeper tenant base and steadier leasing. Elevated ownership costs in the neighborhood context tilt households toward renting, which can sustain pricing power when paired with focused renewal management. Based on CRE market data from WDSuite, local rents and NOI per unit sit above national medians, consistent with durable multifamily fundamentals for this part of Los Angeles County.
Built in 1989, the asset is newer than the neighborhood average, aiding competitive positioning versus older stock while still presenting selective value-add opportunities through targeted system updates and common-area refreshes. Within a 3-mile radius, projections point to modest population growth, an increase in households, and smaller household sizes—factors that typically expand the renter pool and support occupancy stability over time. Key risks to underwrite include rent-to-income pressure and school quality variability, which call for prudent lease management and amenity-driven differentiation.
- High neighborhood renter concentration supports a deeper tenant base and steadier occupancy
- Amenity-rich Urban Core location aids leasing velocity and retention
- 1989 vintage is competitive versus older local stock while allowing targeted value-add
- 3-mile projections show more households and smaller sizes, expanding the renter pool
- Risks: rent-to-income pressure and below-median school ratings require disciplined renewal strategy