| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14103 Cerise Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1987 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14103 Cerise Ave, Hawthorne Multifamily Investment
Neighborhood indicators point to durable renter demand and steady occupancy, according to WDSuite’s CRE market data. Metrics cited refer to the surrounding neighborhood, not this specific property.
Located in Hawthorne’s Urban Core, the neighborhood scores a B+ and ranks above the metro median among 1,441 Los Angeles–Long Beach–Glendale neighborhoods, signaling balanced fundamentals for workforce and middle-income renters. Neighborhood occupancy is above the national median, supporting income stability for well-managed assets.
The area offers strong daily-life convenience: grocery access sits in the top decile nationally, with restaurants, cafes, and pharmacies also ranking high compared with neighborhoods nationwide. Park access is limited locally, and average school ratings trend below national norms, which may shape unit-mix and amenity strategies for targeting demand.
Renter-occupied share is very high at the neighborhood level, indicating a deep tenant base that can support leasing velocity and renewal capture. Median home values are elevated for the region, which, coupled with a high value-to-income ratio, reinforces reliance on multifamily housing and can support pricing power when units are well-positioned.
Demographic statistics aggregated within a 3-mile radius show modest population trends with forecasts calling for incremental population growth and a notable increase in households alongside smaller average household sizes. This points to a larger renter pool over the next cycle and supports occupancy stability for appropriately priced, well-maintained product.
Vintage context: the submarket’s average construction year is 1976, while this asset was built in 1987. Being newer than the neighborhood average can provide a competitive edge versus older stock, though investors should still plan for selective modernization and system upgrades given the vintage.
Safety conditions are better than the national median based on neighborhood-level indicators, with recent data showing a meaningful year-over-year decline in violent incidents. These figures are measured at the neighborhood scale rather than for the specific block.
Within the Los Angeles metro, the neighborhood performs competitively versus many peers; nationally it trends in the upper half for safety. Conditions can vary within short distances, so property- and block-level due diligence remains important for underwriting.
The surrounding employment base includes corporate offices across toys, airlines, software, and industrial gases, supporting commuter convenience and renter demand from diverse white- and blue-collar segments. The list below reflects nearby anchors likely to influence leasing and retention.
- Mattel — consumer products/HQ (3.6 miles) — HQ
- Southwest Airlines Counter — airline operations (4.9 miles)
- Symantec — cybersecurity offices (6.7 miles)
- Microsoft Offices The Reserves — software offices (7.3 miles)
- Air Products & Chemicals — industrial gases (8.5 miles)
This 24-unit, 1987-vintage asset benefits from neighborhood dynamics that favor rentals: above-median occupancy, a very high share of renter-occupied units, and elevated for-sale housing costs that sustain reliance on multifamily housing. According to CRE market data from WDSuite, daily-life amenities are strong while park access is limited and school scores lag, suggesting a focus on finishes, security, and convenience-oriented amenities over family-centric offerings.
Forward-looking indicators aggregated within a 3-mile radius point to a larger household base and smaller average household sizes over the next five years, which supports renter pool expansion and leasing resilience for well-priced units. Being newer than the neighborhood’s average vintage can help competitive positioning versus older stock, though thoughtful capital planning for modernization remains prudent.
- Deep renter base and above-median neighborhood occupancy support income stability
- Elevated ownership costs reinforce multifamily demand and pricing power
- 1987 vintage offers competitive edge versus older local stock with targeted upgrades
- 3-mile outlook shows more households and smaller sizes, expanding the renter pool
- Risks: affordability pressure (rent-to-income) and below-average school ratings may affect family demand