| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13709 Chadron Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1984 |
| Units | 29 |
| Transaction Date | 2001-05-16 |
| Transaction Price | $1,465,000 |
| Buyer | KOUTEK NORMAN |
| Seller | THOMSON JEFFREY |
13709 Chadron Ave Hawthorne Multifamily Investment
Neighborhood renter-occupied share is high and occupancy remains solid, pointing to durable tenant demand, according to WDSuite’s CRE market data. For investors, the area’s leasing stability supports consistent operations relative to many urban core submarkets in Los Angeles County.
This Urban Core pocket of Hawthorne scores a B+ neighborhood rating and shows resilient renter demand. Neighborhood occupancy is strong relative to many areas nationally, and the renter-occupied share is elevated, signaling a deep tenant base for multifamily. Median contract rents in the neighborhood are above many U.S. locations, which supports revenue potential but calls for attentive lease management and resident retention strategies.
Livability is underpinned by dense retail and daily-needs access: grocery, restaurants, pharmacies, and childcare are present at concentrations that rank among the higher tiers nationally. While park space is limited in the immediate area, the dense amenity grid typically shortens errands and reinforces appeal for workforce households seeking convenience.
The property’s 1984 vintage is somewhat newer than the neighborhood’s average construction year (1976). That positioning can offer competitiveness versus older stock, while still presenting scope for targeted capital improvements (systems modernization, common-area updates) to drive rentability without overcapitalizing.
Within a 3-mile radius, demographics indicate a large population base with a modest recent dip but an outlook that points to incremental population growth and a meaningful increase in households by 2028. This suggests a larger tenant base over time and potential renter pool expansion, even as school ratings in the neighborhood trail metro leaders—an item to consider for family-oriented leasing strategies.
Home values in the neighborhood sit at elevated levels for Los Angeles County and well above many U.S. neighborhoods. A high-cost ownership market typically reinforces reliance on multifamily housing, which can aid lease retention and pricing power when paired with thoughtful affordability positioning and service quality.
Neighborhood safety indicators compare favorably to many areas nationwide, with crime levels sitting above the national median for safety. Year over year, both violent and property offenses have trended lower in the neighborhood, which is a constructive signal for long-term operations and leasing.
As always, investors should benchmark against the broader Los Angeles-Long Beach-Glendale metro and monitor trajectory rather than single-year figures. The area’s improving trend is supportive, but blocks can vary in urban settings; onsite security, lighting, and resident engagement remain prudent risk-management tools.
Nearby corporate offices in media, technology, chemicals, and air travel underpin a diverse employment base and support renter demand through commute convenience. The list below reflects notable employers within a roughly 4–9 mile radius that can contribute to steady leasing and retention.
- Mattel — consumer products HQ (3.7 miles) — HQ
- Southwest Airlines Counter — air travel 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)
13709 Chadron Ave is a 29-unit asset in an Urban Core neighborhood with a high renter concentration and solid occupancy—factors that generally support consistent cash flow and leasing stability. Elevated neighborhood home values indicate a high-cost ownership market, which tends to sustain multifamily demand and can aid retention when paired with disciplined renewal strategies. According to CRE market data from WDSuite, neighborhood rents and occupancy compare well against many U.S. locations, reinforcing the case for durable demand.
Built in 1984 with average unit sizes around 710 sq. ft., the property is newer than much of the surrounding stock and may benefit from targeted value-add to common areas and building systems to sharpen competitiveness. Within a 3-mile radius, forecasts point to a larger household base by 2028, implying renter pool expansion that can support occupancy stability, even as affordability pressure and limited nearby park space warrant thoughtful leasing and amenity planning.
- High neighborhood renter concentration supports a deep tenant base and stable leasing.
- Solid neighborhood occupancy and elevated home values reinforce reliance on rentals and retention potential.
- 1984 vintage offers value-add and systems modernization opportunities versus older local stock.
- 3-mile household growth outlook suggests renter pool expansion and supports long-term demand.
- Risks: affordability pressure, limited park access, and below-metro-leading school ratings require deliberate leasing and resident experience strategies.