| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14015 Chadron Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1985 |
| Units | 23 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14015 Chadron Ave Hawthorne Multifamily Investment
This 23-unit property benefits from neighborhood-level occupancy rates of 95.1% and a dominant rental market where 85% of housing units are renter-occupied. According to CRE market data from WDSuite, the area's rental fundamentals remain strong with median rents at $1,632.
The Hawthorne neighborhood demonstrates solid rental market fundamentals with 84.9% of housing units occupied by renters, ranking in the top quartile nationally among comparable neighborhoods. This high rental concentration supports consistent tenant demand and reduces competition from ownership alternatives.
Built in 1985, this property aligns with the neighborhood's average construction vintage of 1976, suggesting potential value-add opportunities through strategic renovations and unit improvements. The area shows strong amenity density with 9.46 grocery stores per square mile and extensive childcare options, ranking in the 98th percentile nationally for childcare accessibility.
Demographics within a 3-mile radius show a stable tenant base with 276,770 residents and household incomes averaging $81,024. Rent-to-income ratios indicate affordability pressure that may require careful lease management, though the high rental share suggests sustained multifamily demand. Projections through 2028 forecast household growth of 36.6%, expanding the potential renter pool.
Current neighborhood occupancy of 95.1% ranks above the metro median among 1,441 Los Angeles-area neighborhoods, with median contract rents of $1,632 showing 34% growth over five years. The area's urban core designation and established rental market provide a foundation for stable cash flows.
Property crime rates in the neighborhood rank in the 66th percentile nationally, indicating above-average safety conditions compared to neighborhoods nationwide. Recent trends show property offense rates declining by 15.8% year-over-year, suggesting improving security conditions.
Violent crime rates rank in the 43rd percentile nationally, with a notable 59.1% decrease over the past year. While safety metrics show improvement, investors should monitor ongoing trends and consider security enhancements as part of property management strategy.
The property benefits from proximity to major corporate employers, including toy manufacturer Mattel's headquarters and several technology companies, providing workforce housing opportunities for area employees.
- Mattel — toy manufacturing (3.8 miles) — HQ
- Southwest Airlines Counter — airline services (5.1 miles)
- Symantec — cybersecurity (6.7 miles)
- Microsoft Offices The Reserves — technology (7.4 miles)
- Air Products & Chemicals — industrial gases (8.4 miles)
This 1985-vintage property offers investors exposure to a rental-dominant neighborhood where 85% of housing units are renter-occupied, ranking in the top quartile nationally. Neighborhood occupancy of 95.1% exceeds metro averages among 1,441 Los Angeles-area neighborhoods, while median rents of $1,632 reflect 34% growth over five years.
The property's construction year aligns with value-add strategies, as the 1985 vintage provides opportunities for unit renovations and capital improvements to capture upside in a market with strong rental fundamentals. Demographics within a 3-mile radius show projected household growth of 36.6% through 2028, supporting long-term tenant demand despite current affordability pressures that require active lease management.
- High rental concentration (85% renter-occupied) reduces ownership competition
- Above-average neighborhood occupancy at 95.1% supports cash flow stability
- 1985 construction provides value-add renovation opportunities
- Projected 36.6% household growth through 2028 expands tenant base
- Rent-to-income ratios require careful lease management and renewal strategies