| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14030 Kornblum Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1987 |
| Units | 39 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14030 Kornblum Ave Hawthorne Multifamily Demand Play
Neighborhood occupancy near the mid-90s supports stable leasing and cash flow durability, according to WDSuite’s CRE market data. The property’s Urban Core setting in Hawthorne offers steady renter demand relative to the Los Angeles metro.
Located in Hawthorne within the Los Angeles metro, the neighborhood rates B+ and ranks 510 out of 1,441 metro neighborhoods—competitive among Los Angeles neighborhoods. Local multifamily occupancy is 95.1% at the neighborhood level, indicating generally steady absorption and renewal potential rather than lease-up volatility.
Livability supports renter retention: grocery, restaurant, cafe, childcare, and pharmacy access score in the upper national percentiles, pointing to everyday convenience for residents. While park access is limited, daily-needs amenities are a strength that can support leasing velocity and retention.
Tenure patterns favor rentals. The neighborhood shows a very high share of renter-occupied housing units, signaling a deep tenant base for a 39-unit asset. Within a 3-mile radius, the majority of housing units are renter-occupied as well, reinforcing demand depth for multifamily and supporting occupancy stability over time.
Home values in the area are elevated versus national norms, and the value-to-income ratio sits in a top national percentile. This high-cost ownership context typically sustains reliance on rental housing, which can support pricing power and lease retention, though it requires vigilant income-to-rent screening. School ratings are below national averages, so positioning around convenience, commute access, and refreshed interiors may be more effective demand drivers.
Vintage matters for competitiveness: built in 1987, the property is newer than the neighborhood’s average vintage (1976). That relative youth can aid leasing versus older stock, though investors should still budget for aging systems and targeted modernization to maintain positioning.
Safety indicators are above the national median (higher national safety percentile), placing the neighborhood on the favorable side of U.S. comparisons. Recent data also point to year-over-year declines in both property and violent incidents, suggesting an improving trend. As always, safety varies by block and over time; investors should underwrite to submarket patterns rather than single-point readings.
Proximity to major employers supports workforce housing demand and commute convenience for residents. Notable nearby employers include Mattel, Southwest Airlines operations, Symantec, Microsoft offices, and Air Products & Chemicals.
- Mattel — consumer goods HQ (3.4 miles) — HQ
- Southwest Airlines Counter — airline operations (4.8 miles)
- Symantec — cybersecurity offices (6.5 miles)
- Microsoft Offices The Reserves — technology offices (7.2 miles)
- Air Products & Chemicals — industrial gases (8.7 miles)
14030 Kornblum Ave combines a renter-heavy neighborhood, everyday-amenity strength, and above-median safety signals with occupancy around the mid-90s at the neighborhood level. The property’s 1987 vintage is newer than much of the local stock, offering a competitive edge versus older assets while leaving room for targeted upgrades to support rent positioning.
Within a 3-mile radius, households are projected to grow and average household size to trend smaller, pointing to a larger tenant base over time. Elevated ownership costs in this Los Angeles submarket reinforce reliance on rentals, while rent-to-income levels warrant thoughtful lease management. According to commercial real estate analysis from WDSuite, these factors align with steady renter demand and support for occupancy stability relative to metro norms.
- Renter-heavy neighborhood and amenity-rich location support demand depth and renewal potential.
- 1987 vintage offers relative competitiveness versus older local stock with scope for modernization.
- Above-median safety indicators and improving trends aid tenant retention.
- High-cost ownership market sustains multifamily reliance, supporting pricing power with disciplined screening.
- Risks: below-average school ratings and limited park access; monitor rent-to-income to manage retention.