| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14104 Yukon Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1986 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14104 Yukon Ave Hawthorne Multifamily Investment
This 22-unit property benefits from neighborhood-level occupancy at 95.1%, supported by an 84.9% rental share that ranks in the top percentile nationally. Strong renter demand fundamentals are validated by commercial real estate analysis showing above-average NOI performance.
Located in an Urban Core neighborhood rated B+ overall, this Hawthorne area demonstrates solid fundamentals for multifamily investors. The neighborhood ranks in the top quartile nationally for rental housing concentration, with 84.9% of housing units occupied by renters—a critical indicator of sustained tenant demand. Neighborhood-level occupancy stands at 95.1%, reflecting stable absorption despite a slight decline over five years.
Built in 1986, this property aligns with the neighborhood's average construction year of 1976, positioning it for potential value-add opportunities through strategic renovations. The area's median contract rent of $1,632 has grown 48.2% over five years, outpacing many comparable markets. Demographics within a 3-mile radius show a population of approximately 272,625 with 57.4% of housing units occupied by renters, supporting the broader rental demand base.
The neighborhood offers strong amenity access with grocery stores ranking in the 99th percentile nationally for density and childcare facilities in the 98th percentile—factors that enhance tenant retention. However, investors should note the area's limited park access and below-average school ratings, which may influence tenant demographics and turnover patterns. Home values averaging $601,582 with 56.6% five-year appreciation help sustain rental demand by limiting ownership accessibility for many households.
Looking forward, demographic projections within the 3-mile radius indicate household growth of 36.8% by 2028, with median household income expected to rise from $84,132 to $114,242. This expansion in the renter pool, combined with forecast median rents reaching $2,331, suggests strengthening fundamentals for occupancy stability and pricing power.
Safety metrics for this neighborhood show mixed performance relative to the broader Los Angeles metro area. Property crime rates rank 243rd among 1,441 metro neighborhoods, placing it above the median with a 66th percentile nationally. More encouraging, property crime has declined 15.8% year-over-year, indicating improving trends that may support tenant retention and leasing stability.
Violent crime rates show stronger relative performance, with recent data indicating a 59.1% year-over-year decline that ranks in the 89th percentile nationally for improvement. While absolute crime levels require ongoing monitoring, the positive trajectory in both property and violent crime categories suggests neighborhood conditions are stabilizing, which can be favorable for long-term tenant satisfaction and property values.
The surrounding employment base includes several major corporate anchors within reasonable commuting distance, supporting workforce housing demand for area renters.
- Mattel — toy manufacturing and consumer products (3.5 miles) — HQ
- Southwest Airlines Counter — aviation services (4.9 miles)
- Symantec — cybersecurity and software (6.6 miles)
- Microsoft Offices The Reserves — technology services (7.3 miles)
- Air Products & Chemicals — industrial chemicals (8.6 miles)
This 22-unit Hawthorne property presents a compelling value-add opportunity in a neighborhood with strong rental fundamentals. Built in 1986, the asset offers renovation upside while benefiting from neighborhood-level occupancy at 95.1% and an exceptional 84.9% rental housing concentration that ranks in the top percentile nationally. According to CRE market data from WDSuite, the area's NOI performance averages $8,804 per unit, ranking in the 72nd percentile nationally and indicating solid income potential.
Demographic trends within the 3-mile radius support long-term demand, with household growth projected at 36.8% by 2028 and median incomes rising from $84,132 to $114,242. The neighborhood's contract rents have grown 48.2% over five years to $1,632 median, with forecasts suggesting continued appreciation to $2,331. These fundamentals, combined with declining crime rates and proximity to major employers including Mattel headquarters, create a foundation for stable cash flows and potential value creation through strategic improvements.
- Neighborhood occupancy at 95.1% with 84.9% rental housing concentration ranking top percentile nationally
- 1986 construction provides value-add renovation opportunities with solid existing fundamentals
- Projected 36.8% household growth and 35.8% median income increase by 2028 support demand expansion
- Above-average NOI performance at $8,804 per unit with rent growth of 48.2% over five years
- Risk considerations include below-average school ratings and limited park access affecting tenant demographics