| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3601 W Rosecrans Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1973 |
| Units | 101 |
| Transaction Date | 2008-04-07 |
| Transaction Price | $6,202,000 |
| Buyer | CLUB PACIFICA INVESTMENTS |
| Seller | SEVON GARDENS |
3601 W Rosecrans Ave Hawthorne Multifamily Investment
The surrounding neighborhood shows a very high share of renter-occupied housing that supports durable tenant demand and occupancy stability, according to WDSuite’s CRE market data.
Located in Hawthorne within the Los Angeles metro, the neighborhood carries a B+ rating and ranks 510 out of 1,441 metro neighborhoods — above the metro median. For multifamily investors, this points to solid, middle‑tier fundamentals with broad renter demand and manageable competitive pressure.
Livability drivers skew toward daily‑needs convenience: grocery and restaurant density sits in the top decile nationally, and childcare access is also very strong. Park access is limited, which may temper family‑oriented appeal but is often offset by the area’s urban core services and connectivity. Average school ratings are on the lower side relative to national peers, which can influence unit mix positioning and marketing toward renters prioritizing commute and value over school quality.
Renter concentration is exceptionally high at the neighborhood level (renter‑occupied share well above typical metro levels), reinforcing depth of the tenant base and supporting occupancy stability over time. Neighborhood occupancy trends are above national medians, suggesting relatively low vacancy risk for well‑positioned assets.
Within a 3‑mile radius, demographics show a modest recent dip in population but an outlook that points to household growth and smaller average household sizes over the next five years — factors that generally expand the renter pool and support leasing velocity. Median incomes have risen meaningfully in recent years while home values remain elevated for the region, which tends to sustain demand for professionally managed rentals. These patterns are consistent with broader Los Angeles urban submarkets, based on CRE market data from WDSuite.
Safety metrics for the neighborhood are comparatively favorable versus the metro: its crime rank is 580 out of 1,441 Los Angeles–area neighborhoods, placing it above the metro median. Nationally, the area trends stronger than average on property‑related incidents, while violent‑crime readings are closer to mid‑pack. Recent year‑over‑year indicators point to improving conditions on violent incidents, which investors often view as supportive for retention and leasing.
As with any urban core location, safety can vary by block and over time; investors typically underwrite with current local data and on‑site observations to validate assumptions.
Proximity to a diversified set of employers underpins steady renter demand, with nearby corporate offices supporting workforce housing and commute convenience. Notable employers include Mattel, Southwest Airlines, Symantec, Microsoft, and Air Products & Chemicals.
- Mattel — consumer products HQ (3.45 miles) — HQ
- Southwest Airlines Counter — airline operations (4.88 miles)
- Symantec — cybersecurity offices (6.64 miles)
- Microsoft Offices The Reserves — technology offices (7.25 miles)
- Air Products & Chemicals — industrial gases offices (8.56 miles)
This 1973, 101‑unit asset sits in a renter‑heavy, urban core location where neighborhood occupancy trends are above national medians and daily‑needs amenities are abundant. Elevated home values in the local context reinforce reliance on multifamily housing, while rising household incomes and a forecast increase in households within a 3‑mile radius support demand depth and lease‑up resilience. According to CRE market data from WDSuite, the neighborhood’s renter concentration is among the highest in the metro, a constructive backdrop for stabilized multifamily operations.
Given its vintage, the property may benefit from targeted capital planning — including systems updates and unit/interior modernization — to bolster competitiveness against newer stock and capture value‑add upside. Key underwriting considerations include rent‑to‑income affordability pressure in the broader area and below‑average school ratings, which may influence renter profiles and renewal strategies.
- Renter‑heavy neighborhood supports a large tenant base and occupancy stability
- Strong amenity access (grocery, dining, childcare) aligns with urban renter preferences
- 1973 vintage offers value‑add potential through selective renovations and system upgrades
- Elevated ownership costs in the area sustain demand for professionally managed rentals
- Risks: affordability pressure and lower school ratings may require proactive leasing and retention tactics