| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14324 Lemoli Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1987 |
| Units | 39 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14324 Lemoli Ave Hawthorne Multifamily Investment
This 39-unit property sits in a neighborhood with 84.9% rental occupancy, ranking in the top 1% nationally for renter concentration. Commercial real estate analysis shows strong rental demand supported by nearby corporate employers and favorable demographic trends.
The Hawthorne neighborhood demonstrates strong fundamentals for multifamily investors, with demographic statistics aggregated within a 3-mile radius showing 57.4% of housing units are renter-occupied. The area maintains 95.1% neighborhood-level occupancy, ranking above the metro median among 1,441 Los Angeles-Long Beach-Glendale neighborhoods. Median contract rent reached $1,632, representing 48% growth over five years and positioning the area in the 83rd national percentile.
Built in 1987, this property aligns with the neighborhood's average construction year of 1976, suggesting consistent building stock that may present value-add renovation opportunities for investors focused on capital improvements. The area ranks in the 78th national percentile for amenities, with high grocery store density (9.46 per square mile) and extensive childcare options (4.05 per square mile), supporting tenant retention through convenient access to daily necessities.
Demographic projections indicate household growth of 36.3% over the next five years, with median household income forecast to increase 37.6% to $113,636. This expanding renter pool, combined with median rent projections of $2,340, suggests sustained demand for multifamily housing. The rent-to-income ratio of 0.31 indicates affordability pressure that investors should monitor for potential impacts on lease renewals and tenant retention.
Property crime rates in this neighborhood show recent improvement, with a 15.8% year-over-year decrease. The area ranks 243rd among 1,441 metro neighborhoods for property offense rates, placing it above the metro median. Violent crime rates declined significantly by 59.1% over the past year, ranking in the 89th national percentile for improvement trends.
While crime metrics show positive directional trends, investors should consider the neighborhood's overall crime rank of 580th among metro areas, indicating room for continued improvement. The substantial reduction in both property and violent offense rates suggests stabilizing conditions that may support tenant retention and property values over time.
The property benefits from proximity to major corporate employers that provide workforce housing demand, including toy manufacturer headquarters and technology offices within the greater Los Angeles employment corridor.
- Mattel — toy manufacturing & corporate offices (3.8 miles) — HQ
- Southwest Airlines Counter — airline operations (5.2 miles)
- Symantec — cybersecurity & technology (6.9 miles)
- Microsoft Offices The Reserves — technology services (7.5 miles)
- Air Products & Chemicals — industrial manufacturing (8.3 miles)
This 39-unit property offers investors exposure to a high-density rental market with 84.9% of neighborhood housing units occupied by renters, ranking in the top 1% nationally. The 1987 construction year presents value-add renovation opportunities while household growth projections of 36.3% over five years support expanding tenant demand. According to CRE market data from WDSuite, the area maintains above-metro occupancy levels at 95.1% with median rents showing 48% five-year growth.
Demographic trends within the 3-mile radius indicate median household income rising 37.6% to $113,636 by 2028, supporting rent growth potential. The property's average unit size of 523 square feet aligns with affordable housing demand in the Los Angeles market, while proximity to major employers like Mattel headquarters provides workforce housing stability.
- Top 1% nationally for rental concentration at 84.9% renter-occupied units
- Above-metro occupancy at 95.1% with 48% rent growth over five years
- 36.3% projected household growth supporting tenant demand expansion
- Value-add potential through 1987 vintage requiring capital improvements
- Risk consideration: rent-to-income ratio of 0.31 may pressure lease renewals