| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14037 Cerise Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1989 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14037 Cerise Ave Hawthorne Multifamily Investment
Neighborhood occupancy trends sit above national medians and renter concentration is among the highest nationally, according to WDSuite’s CRE market data, supporting consistent demand for a 22‑unit asset in Hawthorne’s urban core.
Situated in Hawthorne’s Urban Core, the property benefits from strong renter fundamentals. The neighborhood’s renter-occupied share is among the highest nationwide, indicating a deep tenant base and steady leasing velocity. Neighborhood occupancy is above national medians, which can support pricing power and reduce downtime between turns, based on CRE market data from WDSuite.
Vintage is 1989, newer than the neighborhood’s older average stock from the 1970s. That positioning can be competitive versus nearby properties while leaving room for targeted modernization (systems, interiors, common areas) to capture value-add upside and support retention.
Livability leans urban and convenience-oriented: grocers, restaurants, cafes, pharmacies, and childcare options score in high national percentiles, while park access is limited. Average school ratings trail national medians, which may temper family-driven demand but has less impact on workforce renter segments typical of this submarket. Neighborhood NOI per unit sits above the national median, signaling healthy operating performance relative to peers.
Within a 3-mile radius, household counts have held roughly flat in recent years, with forecasts calling for an increase in households and a modest reduction in average household size. That combination generally expands the renter pool and supports occupancy stability. Elevated home values in the neighborhood relative to national norms create a high-cost ownership market, which tends to sustain reliance on multifamily rentals and can aid lease retention. Rent-to-income levels suggest some affordability pressure, so asset plans should emphasize renewals, measured rent steps, and resident experience to protect performance.
Safety indicators are mixed but improving in several categories. Property offenses benchmark above the national median for safety, and recent year-over-year trends point to declines in both property and violent incident estimates, according to WDSuite. Violent offense comparisons sit closer to national averages, so prudent security measures and lighting remain advisable for resident comfort and retention.
At the metro level (Los Angeles-Long Beach-Glendale; 1,441 neighborhoods), overall crime positioning is around the middle of the pack, underscoring the importance of standard risk management without suggesting outlier conditions. Investors should evaluate site-level controls and surrounding block dynamics as part of routine diligence.
Proximity to major employers helps support a durable renter base and commute convenience for workforce tenants, notably in corporate offices and technology. Nearby anchors include Mattel, Southwest Airlines, Symantec, Microsoft, and Air Products & Chemicals.
- Mattel — consumer products HQ (3.5 miles) — HQ
- Southwest Airlines Counter — air transportation services (4.9 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)
This 22‑unit, 1989‑vintage asset is positioned in a renter-heavy urban neighborhood where occupancy trends sit above national medians and amenities are dense. The vintage is newer than the local average, offering competitive positioning versus older stock while leaving room for targeted upgrades to drive rent premiums and retention. Elevated ownership costs in the area reinforce reliance on rental housing, and neighborhood NOI per unit benchmarks above the national median, according to CRE market data from WDSuite.
Within a 3‑mile radius, forecasts indicate growth in households and a smaller average household size, expanding the renter pool and supporting leasing stability. Affordability management remains important given rent-to-income pressures and mixed school ratings, but proximity to major employers and improving safety trends can underpin steady operations over a hold period.
- Renter-heavy neighborhood with occupancy above national medians supports consistent demand
- 1989 vintage outcompetes older local stock with value-add modernization potential
- Dense amenity base and proximity to major employers reinforce retention
- Elevated ownership costs sustain multifamily reliance and pricing power potential
- Risk: affordability pressure and lower school ratings require disciplined leasing and resident programs