| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14114 Chadron Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1987 |
| Units | 24 |
| Transaction Date | 1994-04-21 |
| Transaction Price | $950,000 |
| Buyer | LINS GROUP |
| Seller | HAWTHORNE SVGS FSB |
14114 Chadron Ave Hawthorne 24-Unit Multifamily
Renter demand is reinforced by a high-cost ownership landscape and above-average neighborhood occupancy, according to WDSuite s CRE market data. This positions stabilized assets for steady leasing while leaving room for targeted value-add on a 1987 vintage.
The property sits in Hawthorne s Urban Core, where daily needs are well served: neighborhood amenities rank in the top quartile among 1,441 Los Angeles metro neighborhoods, with strong access to groceries, pharmacies, and cafes. For investors, that convenience supports leasing velocity and day-to-day resident retention.
Neighborhood occupancy is above national norms, and the share of housing units that are renter-occupied is exceptionally high (top percentile nationally). For multifamily owners, that depth of renter concentration indicates a broad tenant base and reduces reliance on in-migration to backfill turns.
Within a 3-mile radius, recent population trends were modestly negative, but WDSuite s forward view points to a small rebound alongside a projected increase in households and smaller average household sizes. That shift generally expands the renter pool and can support occupancy stability for well-managed assets.
Ownership costs in the neighborhood are elevated compared with local incomes (high national percentile for value-to-income), which tends to sustain renter reliance on multifamily housing. At the same time, rent-to-income levels indicate some affordability pressure, suggesting prudent renewal and lease management to protect retention. Average school ratings trail national medians, which may temper family-driven demand but is often offset in workforce-oriented submarkets by commute and amenity access.
The property s 1987 construction is newer than the neighborhood s average vintage from the 1970s, providing relative competitiveness versus older stock while still offering targeted modernization opportunities for systems and unit finishes as part of a value-add plan.
Neighborhood safety indicators compare favorably to many areas nationally, with overall crime in a higher national safety percentile. Property offenses have eased year over year, and violent offense metrics show a notable downward trend, based on WDSuite s CRE market data. These are neighborhood-level signals; conditions can vary by block and over time, so investors typically monitor trend direction and on-the-ground management practices.
Nearby employment anchors such as Mattel, Southwest Airlines, Symantec, Microsoft, and Air Products & Chemicals support a diverse workforce and convenient commutes that can aid leasing and retention.
- Mattel — consumer products (3.8 miles) — HQ
- Southwest Airlines Counter — airline operations (5.2 miles)
- Symantec — cybersecurity offices (6.8 miles)
- Microsoft Offices The Reserves — technology offices (7.5 miles)
- Air Products & Chemicals — industrial gases (8.3 miles)
This 24-unit property offers defensive fundamentals in a renter-heavy submarket where occupancy runs above national benchmarks and amenity access ranks among the top quartile of Los Angeles neighborhoods. Elevated home values relative to incomes point to a high-cost ownership market that reinforces reliance on rentals, while the 1987 vintage provides a competitive edge versus older area stock and leaves room for targeted renovations. According to CRE market data from WDSuite, neighborhood per-unit income performance trends above the national median, supporting a steady underwriting stance.
Within a 3-mile radius, forecasts indicate a small population uptick and a larger increase in households alongside smaller household sizes, which typically expands the tenant base and supports occupancy stability. Investors should balance this with prudent lease management given rent-to-income pressures and monitor school quality and local economic resilience as part of downside planning.
- Renter-heavy neighborhood and above-average occupancy support leasing stability
- Elevated ownership costs sustain rental demand and retention potential
- 1987 vintage: competitive versus older stock with value-add upside
- Amenity access in top quartile among Los Angeles neighborhoods aids retention
- Risks: rent-to-income pressure, below-median school ratings, and macro variability