| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13922 Chadron Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1984 |
| Units | 58 |
| Transaction Date | 1994-12-06 |
| Transaction Price | $2,000,000 |
| Buyer | KOUTEK NORMAN W |
| Seller | PACIFIC WEST DEVELOPERS |
13922 Chadron Ave Hawthorne Multifamily Investment
Neighborhood fundamentals indicate a deep renter base and steady leasing conditions, according to WDSuite’s CRE market data. Centered on commercial real estate analysis, the key takeaway is renter demand resilience supported by location and ownership-cost dynamics rather than property-specific factors.
The asset sits in an Urban Core pocket of Hawthorne rated B+ among Los Angeles-Long Beach-Glendale neighborhoods. Daily needs are well covered: grocery, restaurant, and pharmacy access rank in high national percentiles, translating to convenient amenity coverage that supports tenant retention. Park access is limited locally, which may matter for family-oriented leasing strategies, and average school ratings trend below national norms.
For investors, the neighborhood’s multifamily fabric is pronounced: renter-occupied share is 84.9% (top-end nationally), indicating a deep pool of prospective tenants and durable demand across cycles. Neighborhood occupancy is 95.1%, suggesting relatively stable leasing conditions versus many U.S. locations, based on CRE market data from WDSuite. Neighborhood NOI per unit performance benchmarks as above national averages, reinforcing income stability potential at the submarket level.
Within a 3-mile radius, demographic trends show recent population softness but a projected return to modest growth alongside smaller average household sizes. WDSuite’s data also point to a near-term increase in household counts, which typically broadens the renter pool and supports occupancy stability for well-positioned properties.
Ownership costs in this area are elevated relative to incomes, as reflected by high home values and a value-to-income ratio in the upper national percentiles. That dynamic tends to sustain reliance on rental housing and can support pricing power for competitive assets, though a rent-to-income ratio near one-third highlights affordability pressure that warrants prudent lease management.
Safety indicators benchmark above national averages overall (higher national percentile indicates safer conditions), according to WDSuite. At the metro level, the neighborhood sits around the middle of the pack among 1,441 Los Angeles-Long Beach-Glendale neighborhoods rather than the top tier, so conditions can vary by corridor and block.
Trend-wise, estimated violent offenses have declined year over year while property offense rates have also moved lower, signaling improving conditions. Investors should underwrite to submarket trends and property-specific measures rather than assume uniform safety across the area.
Nearby corporate nodes provide a diversified employment base that supports renter demand and commute convenience. The employers below represent regional strengths in toys/consumer brands, airlines, and software.
- Mattel — consumer products (3.8 miles) — HQ
- Southwest Airlines Counter — airline operations (5.1 miles)
- Symantec — cybersecurity (6.7 miles)
- Microsoft Offices The Reserves — software offices (7.5 miles)
- Activision Blizzard — interactive entertainment (10.7 miles) — HQ
Constructed in 1984, the property is newer than the neighborhood average vintage, offering relative competitiveness versus older stock while still leaving room for targeted modernization of systems and finishes. The surrounding neighborhood shows high renter concentration and above-average occupancy, supporting a sizable tenant base and steady leasing, according to CRE market data from WDSuite. Elevated ownership costs in the area help sustain reliance on rentals, while strong amenity coverage enhances livability and retention.
Key underwriting considerations include household budgets, as rent-to-income levels indicate potential affordability pressure, and local school ratings that may influence family demand. Limited park access and mixed-but-improving safety trends suggest investors should prioritize on-site amenities and practical security measures to reinforce leasing performance.
- Newer 1984 vintage versus neighborhood average supports competitive positioning with select value-add potential
- High renter concentration and above-average neighborhood occupancy reinforce demand depth and leasing stability
- Elevated ownership costs underpin renter reliance, supporting pricing power for well-positioned assets
- Amenity-rich location (grocery, dining, services) that aids tenant retention
- Risks: affordability pressure, lower school ratings, limited parks, and variable safety require prudent lease and asset management