| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13717 Chadron Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1972 |
| Units | 28 |
| Transaction Date | 2015-10-29 |
| Transaction Price | $5,250,000 |
| Buyer | HAM RICHARD C |
| Seller | HERNANDEZ HAROLD U |
13717 Chadron Ave Hawthorne Multifamily Investment Opportunity
Neighborhood occupancy has held above national averages and renter demand is supported by a high renter-occupied share at the neighborhood level, according to WDSuite’s CRE market data. For investors, this points to steady leasing conditions relative to comparable Los Angeles submarkets.
Located in Hawthorne within the Los Angeles metro, the neighborhood scores in the top quartile among 1,441 metro neighborhoods for overall amenities, with strong access to groceries, pharmacies, and everyday services. This convenience profile supports day-to-day livability and helps multifamily assets compete for retention. As part of a balanced commercial real estate analysis, note that park access is limited within the immediate neighborhood, which may be a consideration for some family renters.
Renter concentration is high at the neighborhood level, with a renter-occupied share that ranks in the top percentile metro-wide. For investors, this indicates a deep tenant base and durable demand for professionally managed units. Neighborhood occupancy is also above national norms, reinforcing expectations for stable collections and lower downtime relative to weaker submarkets.
Home values in the area are elevated versus national benchmarks. In a high-cost ownership market, multifamily properties can benefit from sustained reliance on rentals, supporting pricing power and lease retention, especially for well-managed, renovated stock. Average school ratings in the neighborhood trend below national averages, which may modestly narrow the target renter profile toward workforce and young professional households.
Demographic statistics are aggregated within a 3-mile radius: household incomes have risen meaningfully over the last five years and are projected to continue growing, while household sizes are expected to edge lower. Together, this points to a larger pool of income-qualified renters and steady demand for mid-size units, supporting occupancy stability for assets catering to workforce and middle-income segments.
Compared with neighborhoods nationwide, this area sits above the national average for safety, with recent data indicating year-over-year declines in both property and violent offenses. These trends, based on WDSuite’s CRE market data, suggest gradual improvement rather than a step-change; investors should continue to underwrite with standard urban risk controls and monitor block-level dynamics over time.
Proximity to nearby corporate hubs supports commuter convenience and reinforces renter demand, led by Mattel, Southwest Airlines, Symantec, Microsoft offices, and Air Products & Chemicals.
- Mattel — consumer products HQ (3.7 miles) — HQ
- Southwest Airlines Counter — airline services (5.0 miles)
- Symantec — cybersecurity offices (6.6 miles)
- Microsoft Offices The Reserves — software offices (7.3 miles)
- Air Products & Chemicals — industrial gases offices (8.5 miles)
Built in 1972, this 28-unit asset offers a practical value-add path: vintage suggests potential upside from targeted renovations and systems updates to compete against newer stock while capturing strong neighborhood renter demand. Neighborhood occupancy trends remain healthy relative to national benchmarks, and the area’s high-cost ownership landscape supports renter reliance on multifamily housing, according to CRE market data from WDSuite.
Within a 3-mile radius, income growth and a gradual shift toward smaller households point to a stable, diversified tenant base for mid-size units. While average school ratings trend lower and park access is limited, the amenity-rich urban setting and proximity to major employers provide durable demand drivers that can support leasing stability and operational performance through cycles.
- 1972 vintage supports value-add repositioning and targeted capex planning
- Strong neighborhood renter concentration underpins depth of tenant demand
- Above-national occupancy and high-cost ownership context support pricing power
- 3-mile demographics show rising incomes and smaller households, aiding lease-up and retention
- Risks: below-average school ratings, limited park access, and typical urban safety considerations