| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14110 Yukon Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1974 |
| Units | 28 |
| Transaction Date | 2024-05-10 |
| Transaction Price | $4,500,000 |
| Buyer | INSTA NORCAL LLC |
| Seller | YEAGER F PAUL F |
14110 Yukon Ave, Hawthorne CA Multifamily Investment
Positioned in an Urban Core pocket of Hawthorne with steady renter demand and mid-90s neighborhood occupancy, this 28-unit asset offers durable income drivers near major job centers, according to WDSuite’s CRE market data. Elevated ownership costs in Los Angeles County support reliance on multifamily housing and potential lease retention.
The property sits in a B+ rated Urban Core neighborhood that is competitive among Los Angeles-Long Beach-Glendale metro neighborhoods (ranked 510 of 1,441). Amenity access trends favor daily convenience: grocery options rank near the top of the metro (73 of 1,441) and are in the top quartile nationally, while cafes and pharmacies are competitive among Los Angeles neighborhoods. Limited park space locally suggests on-site common areas or nearby private amenities can help support resident satisfaction.
Renter dynamics are a key strength. The neighborhood’s renter-occupied share is among the highest nationally (99th percentile), translating to a deep tenant base and consistent leasing velocity. At the same time, a high-cost ownership market (value-to-income in the 97th national percentile) reinforces reliance on rentals and can support pricing power, though operators should balance this with effective lease management given household budgets.
Construction vintage in the area averages mid-1970s, and this asset’s 1974 delivery is slightly older than that benchmark. For investors, that often points to clear value-add pathways through unit modernization, systems upgrades, and common-area enhancements to defend occupancy and capture rent premiums relative to older stock.
Within a 3-mile radius, demographics show stable to improving fundamentals for multifamily: the renter pool is sizable and forecasts point to household growth and slightly smaller average household size by 2028, which can expand demand for rental units and support occupancy stability. Income measures have risen meaningfully over the last five years, improving the capacity to absorb rent growth, though family renters may weigh below-average school ratings (28th percentile nationally) when choosing units.
Safety metrics are mixed but trending positively. The neighborhood’s overall crime rank sits below the metro median (580 of 1,441, where lower ranks indicate more crime), yet it performs above many areas nationally (64th percentile). Recent year-over-year estimates indicate declines in both property offenses and violent offenses, which supports a constructive trend line rather than a guarantee.
Investors should evaluate property-level measures—lighting, access controls, and resident engagement—alongside these neighborhood trends and compare against nearby Los Angeles submarkets to gauge relative positioning and potential operating needs.
Proximity to major corporate employers supports workforce housing demand and commute convenience for residents. Nearby anchors include Mattel, Southwest Airlines, Symantec, Microsoft, and Air Products & Chemicals.
- Mattel — corporate offices (3.5 miles) — HQ
- Southwest Airlines Counter — corporate offices (4.9 miles)
- Symantec — corporate offices (6.6 miles)
- Microsoft Offices The Reserves — corporate offices (7.3 miles)
- Air Products & Chemicals — corporate offices (8.6 miles)
14110 Yukon Ave is a 28-unit, mid-1970s asset positioned to benefit from a deep renter base and strong daily conveniences. Neighborhood occupancy trends remain in the mid-90s, and the area’s renter-occupied share ranks among the highest nationally, supporting leasing stability. Elevated for-sale housing costs in Los Angeles County reinforce renter reliance on multifamily, while the submarket’s strong grocery and service density helps with resident retention. According to CRE market data from WDSuite, the property’s 1974 vintage suggests clear value-add and capital planning opportunities to enhance competitiveness versus older nearby stock.
Within a 3-mile radius, forward-looking demographics point to a larger household count and slightly smaller household sizes by 2028—dynamics that typically widen the renter pool and support occupancy. Income growth trends improve the capacity to absorb rent increases, though operators should monitor affordability pressure and tailor renewal strategies accordingly.
- Deep renter base (top national percentile) supports demand and leasing stability
- High-cost ownership market underpins reliance on rentals and pricing power
- 1974 vintage offers value-add potential through unit and systems modernization
- Strong daily conveniences (notably groceries/services) aid retention
- Risk: affordability pressure and below-median school ratings require thoughtful lease and unit positioning