| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13640 Chadron Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1985 |
| Units | 24 |
| Transaction Date | 1994-12-06 |
| Transaction Price | $775,000 |
| Buyer | MEYERS ROBERT L |
| Seller | PACIFIC WEST DEVELOPERS |
13640 Chadron Ave Hawthorne Multifamily Investment
Neighborhood occupancy in Hawthorne trends in the mid-90% range, supporting leasing stability for well-positioned assets, according to WDSuite's CRE market data. Investor takeaway: demand is sustained by a deep renter base and a high-cost ownership landscape in the Los Angeles metro.
Hawthorne's Urban Core location offers strong day-to-day convenience for renters. Amenity access sits in the top quartile nationally, with grocery, pharmacy, and dining density well above U.S. norms (grocery options benchmark near the 99th percentile), though park access is limited. Average school ratings in the neighborhood trend below national medians, which may influence family-targeted leasing strategies.
The property's 1985 vintage is newer than the neighborhood's average construction year, providing relative competitiveness versus older stock while still warranting routine capital planning for aging systems or targeted value-add. Neighborhood occupancy is about 95% and above national medians, indicating healthy absorption and supporting rent collections for stabilized multifamily, based on CRE market data from WDSuite.
Tenure patterns favor rentals: the neighborhood shows a high share of housing units that are renter-occupied, which deepens the tenant base and supports demand stability for multifamily. In the broader 3-mile radius, demographic statistics indicate modest population growth ahead and a meaningful increase in households alongside smaller average household sizes, signaling a larger tenant pool and potential support for occupancy and lease-up.
Pricing context favors rentals over ownership. Elevated home values relative to incomes characterize this submarket, reinforcing renter reliance on multifamily housing and aiding lease retention. At the same time, rent-to-income levels indicate some affordability pressure, suggesting owners should emphasize proactive lease management and renewal strategies to sustain occupancy.
Safety indicators are mixed but improving. Property offense rates track better than the national middle (around the mid-60s percentile nationwide), and year-over-year trends point to declining incident rates. Violent offense measures sit closer to national mid-range (around the low-40s percentile), with recent data showing notable declines over the last year, according to WDSuite's CRE market data. Within the Los Angeles-Long Beach-Glendale metro, overall crime performance compares favorably to many neighborhoods and is above metro median levels.
For investors, the takeaway is risk that appears manageable and trending favorably: property crime has eased, and while violent offense metrics warrant continued monitoring, the directional improvement supports long-term operations planning without relying on aggressive assumptions.
Nearby corporate employers anchor a diverse white-collar and services workforce that supports renter demand and retention. Key names within commuting distance include Mattel, Southwest Airlines Counter, Symantec, Microsoft Offices The Reserves, and Air Products & Chemicals.
- Mattel — corporate offices (3.8 miles) — HQ
- Southwest Airlines Counter — airline services (5.0 miles)
- Symantec — software and cybersecurity offices (6.6 miles)
- Microsoft Offices The Reserves — software offices (7.4 miles)
- Air Products & Chemicals — industrial gases (8.5 miles)
This 24-unit asset at 13640 Chadron Ave benefits from a deep renter pool, strong neighborhood occupancy, and proximity to major employment nodes in the South Bay. The 1985 construction is newer than the neighborhood average, offering competitive positioning versus older stock while leaving room for targeted upgrades to drive NOI. Elevated ownership costs in the area sustain multifamily demand and can support lease retention, while demographic statistics within a 3-mile radius point to an expanding household base and smaller household sizes that broaden the renter pool.
According to CRE market data from WDSuite, neighborhood occupancy remains above national norms and amenity access is a relative strength, though limited park availability and below-median school ratings may require positioning toward workforce and convenience-oriented renters. Affordability pressure (rent-to-income) argues for disciplined renewal strategies and amenity-light value-add rather than heavy rent-premium assumptions.
- Renter depth and above-median neighborhood occupancy support stable leasing and collections.
- 1985 vintage is competitive versus older local stock, with scope for targeted value-add and systems modernization.
- Amenity density and access to major employers bolster retention and day-to-day livability.
- Pricing context favors renting over owning, supporting demand and lease retention.
- Risks: affordability pressure (rent-to-income) and limited park access call for disciplined underwriting and renewal strategy.