| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14030 Chadron Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1974 |
| Units | 86 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14030 Chadron Ave Hawthorne Multifamily Investment
This 86-unit property benefits from strong neighborhood-level occupancy at 95.1% and an established renter base, with 85% of local housing units occupied by renters according to CRE market data from WDSuite.
Located in Hawthorne's urban core, this neighborhood ranks in the top quartile nationally for amenity access, with exceptional grocery store density at 9.46 per square mile placing it in the 99th percentile nationwide among 1,441 metro neighborhoods. The area maintains strong occupancy fundamentals at 95.1%, supported by an 84.9% renter-occupied housing base that ranks in the 99th percentile nationally.
The 1974 construction year aligns with the neighborhood average vintage of 1976, indicating consistent building stock that may present value-add renovation opportunities for investors focused on modernization and unit upgrades. Median contract rents of $1,632 have grown 48% over five years, while the broader 3-mile radius shows household income growth of 44.7% during the same period, supporting rent affordability dynamics.
Demographics within a 3-mile radius show a stable tenant base with 277,000 residents and 58.6% of housing units occupied by renters. Projections indicate modest population growth to 278,600 by 2028, with household formation expected to increase 36.5%, expanding the potential renter pool. The area's rent-to-income ratio of 0.31 suggests manageable affordability levels for tenant retention, though investors should monitor renewal strategies given the broader metro cost pressures.
The neighborhood demonstrates improving safety trends with property crime rates showing a 15.8% year-over-year decline and violent crime dropping 59.1%. Current property offense rates rank in the 66th percentile nationally, indicating above-average safety conditions compared to neighborhoods nationwide.
While crime metrics place the area competitively among Los Angeles metro neighborhoods, investors should consider ongoing security measures and tenant retention strategies as part of standard property management practices in urban core locations.
The property benefits from proximity to major corporate employers that support workforce housing demand, including entertainment, technology, and industrial headquarters within commuting distance.
- Mattel — toy and entertainment headquarters (3.8 miles) — HQ
- Southwest Airlines Counter — aviation services (5.2 miles)
- Symantec — cybersecurity and technology (6.8 miles)
- Microsoft Offices The Reserves — technology offices (7.5 miles)
- Air Products & Chemicals — industrial manufacturing (8.3 miles)
This 86-unit property built in 1974 presents a value-add opportunity in a neighborhood with strong rental fundamentals and improving safety metrics. The area's 95.1% occupancy rate and 84.9% renter-occupied housing base provide stability, while the vintage offers potential for strategic renovations to capture rent premiums in a market where median rents have grown 48% over five years.
Demographics within a 3-mile radius support long-term demand with projected household growth of 36.5% by 2028, expanding the renter pool to support occupancy and renewal rates. The neighborhood's exceptional amenity density, ranking in the 99th percentile nationally for grocery access, enhances tenant appeal and retention potential.
- Strong occupancy fundamentals at 95.1% with dominant renter base
- Value-add potential through 1974 vintage modernization
- Projected 36.5% household growth expanding tenant pool by 2028
- Proximity to major employers including Mattel headquarters
- Risk: Monitor rent-to-income dynamics and urban core management requirements