| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14126 Cordary Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1984 |
| Units | 49 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14126 Cordary Ave Hawthorne Multifamily Investment
This 49-unit property built in 1984 sits in a neighborhood where 84.9% of housing units are renter-occupied, ranking in the top quartile among 1,441 Los Angeles metro neighborhoods for rental demand concentration. The property's construction year aligns with the area's 1976 average vintage, positioning it competitively within the established multifamily inventory according to CRE market data from WDSuite.
The Hawthorne neighborhood demonstrates strong rental market fundamentals, with neighborhood-level occupancy at 95.1% and renter-occupied units representing 84.9% of the housing stock—ranking 23rd among 1,441 metro neighborhoods nationally. This concentration of rental demand reflects the area's urban core designation and proximity to employment centers throughout the Los Angeles basin.
Demographic data aggregated within a 3-mile radius shows a stable tenant base of 269,207 residents across 88,977 households. The area maintains a balanced age distribution with 25.2% of residents aged 18-34 and 39.6% aged 35-64, supporting consistent rental demand across multiple tenant segments. Median household income of $87,068 provides adequate rental capacity, while projected household growth of 37.5% through 2028 indicates expanding tenant pools entering the market.
The property's 1984 construction year is slightly newer than the neighborhood's 1976 average, potentially reducing near-term capital expenditure requirements compared to older inventory. Median contract rents of $1,632 at the neighborhood level reflect moderate pricing relative to the broader metro, with home values averaging $601,582 helping sustain rental demand by keeping ownership costs elevated. The neighborhood ranks in the 79th national percentile for overall housing metrics, indicating competitive positioning among urban rental markets nationwide.
Local amenities support tenant retention with 9.5 grocery stores per square mile (99th national percentile) and robust childcare access at 4.1 facilities per square mile (98th percentile). Restaurant and cafe density provides lifestyle amenities, while the area's urban core classification ensures transit connectivity for commuter access to regional employment centers.
The neighborhood's safety profile shows a mixed but improving trend, ranking 580th out of 1,441 Los Angeles metro neighborhoods for overall crime metrics, placing it above the metro median. Property crime rates of 99.8 incidents per 100,000 residents reflect typical urban density patterns, while violent crime rates at 49.1 per 100,000 residents rank in the 43rd national percentile.
Notably, both property and violent crime rates have declined year-over-year, with violent offenses decreasing 59.1%—a trend that ranks in the 89th percentile nationally for crime reduction. This improvement trajectory suggests ongoing neighborhood stabilization that may support tenant retention and property values over time. Investors should monitor these trends as part of ongoing asset management and tenant relations strategies.
The property benefits from proximity to major corporate employers throughout the Los Angeles region, providing diverse employment opportunities that support tenant demand and retention. Key anchor employers within commuting distance include Mattel's headquarters and several technology and industrial offices.
- Mattel — toy manufacturing and entertainment (3.2 miles) — HQ
- Southwest Airlines Counter — airline operations (4.6 miles)
- Symantec — cybersecurity and software (6.5 miles)
- Microsoft Offices The Reserves — technology and cloud services (7.0 miles)
- Air Products & Chemicals — industrial gases and chemicals (8.8 miles)
This Hawthorne multifamily property offers exposure to a concentrated rental market where 84.9% of housing units are renter-occupied, ranking in the top quartile nationally among metro neighborhoods for rental demand depth. The neighborhood's 95.1% occupancy rate and stable demographic profile support consistent cash flows, while the property's 1984 vintage aligns with area norms and may offer value-add renovation opportunities.
Demographic projections within a 3-mile radius indicate household growth of 37.5% through 2028, expanding the potential tenant base and supporting absorption of new units or rent growth initiatives. According to CRE market data from WDSuite, the area's median home values of $601,582 help sustain rental demand by maintaining elevated ownership costs relative to rental options, creating a stable competitive moat for multifamily properties.
- Top quartile rental concentration with 84.9% renter-occupied units among 1,441 metro neighborhoods
- Strong neighborhood occupancy at 95.1% supporting cash flow stability
- Projected 37.5% household growth through 2028 expanding tenant demand
- 1984 construction year offers potential value-add renovation upside
- Risk: Below-average school ratings may limit family tenant appeal and require competitive amenity packages