| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3139 W 139th St, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1985 |
| Units | 49 |
| Transaction Date | 1996-11-19 |
| Transaction Price | $117,000 |
| Buyer | THOMSON JEFFREY |
| Seller | B BACOKA FAMILY TRUST BACOKA MILAN AND BERNAR |
3139 W 139th St, Hawthorne CA Multifamily Investment
Renter-occupied concentration is high in the surrounding neighborhood, supporting a deep tenant base and consistent leasing, according to WDSuite s CRE market data. With a 1985 vintage offering relative competitiveness versus older local stock, the asset is positioned for durable occupancy with targeted modernization.
Situated in Hawthorne s Urban Core, the neighborhood rates B+ and ranks 510 out of 1,441 Los Angeles-Long Beach-Glendale neighborhoods, signaling broad livability with investment appeal. Amenity access is competitive among metro peers and in the upper tier nationally, with strong density of groceries, cafes, pharmacies, and daily needs that supports resident retention and renter demand.
Local rental dynamics are constructive for multifamily: the neighborhood s renter-occupied share sits near the top of the metro distribution, indicating a large renter pool and depth for leasing. Occupancy in the neighborhood trends above national norms as well, which points to demand stability for well-managed assets.
From an ownership-cost perspective, elevated home values relative to incomes in this area tend to reinforce reliance on multifamily housing, which can aid pricing power and lease retention. Median contract rents track above national benchmarks, yet still compete against the high-cost ownership market a favorable combination for sustaining occupancy while managing turnover.
Demographic statistics aggregated within a 3-mile radius show modest recent population softness but a projected uptick in the coming years alongside a notable increase in households and smaller average household sizes. For investors, that translates into a larger tenant base and potential renter pool expansion that can support occupancy and absorption, based on commercial real estate analysis from WDSuite.
The property s 1985 construction is newer than the area s average vintage, offering a competitive edge versus older buildings while leaving room for targeted value-add upgrades to common areas, systems, or unit finishes to meet current renter expectations.
Neighborhood safety trends are broadly consistent with the Los Angeles-Long Beach-Glendale metro, with overall crime ranking above the metro median among 1,441 neighborhoods and performing better than many areas nationally. Recent year-over-year declines in both violent and property offenses indicate improving momentum, though conditions can vary block to block and should be monitored as part of routine underwriting.
Proximity to major employers underpins demand from a diverse workforce, supporting leasing velocity and retention for workforce and mid-market renters. Nearby anchors include Mattel, Southwest Airlines, Symantec, Microsoft offices, and Air Products & Chemicals.
- Mattel toy & entertainment corporate (3.8 miles) HQ
- Southwest Airlines Counter airline operations (5.1 miles)
- Symantec cybersecurity (6.7 miles)
- Microsoft Offices The Reserves software offices (7.4 miles)
- Air Products & Chemicals industrial gases (8.4 miles)
3139 W 139th St is a 1985-vintage, 49-unit asset in an Urban Core neighborhood where amenity access, a high renter-occupied share, and occupancy that trends above national norms support durable rental demand. Elevated ownership costs relative to incomes in the area reinforce renter reliance on multifamily housing, aiding pricing power and lease retention for well-positioned properties.
Demographic statistics within a 3-mile radius point to a forecast increase in households and smaller average household sizes, which can expand the renter pool and support occupancy stability. According to CRE market data from WDSuite, the property s relatively newer vintage versus the local average offers competitive positioning against older stock, while leaving scope for value-add improvements to capture upside.
- High renter-occupied concentration supports deep tenant demand and steady leasing
- Occupancy trends above national norms bolster income stability potential
- 1985 vintage is newer than local average, with clear value-add and modernization opportunities
- Elevated ownership costs in the area sustain multifamily demand and retention
- Risks: weaker school ratings and limited park access may temper some family demand; continued monitoring of neighborhood safety trends is prudent