| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3637 W 139th St, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1989 |
| Units | 21 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3637 W 139th St, Hawthorne CA Multifamily Opportunity
Stable neighborhood occupancy and a deep renter base support consistent leasing, according to WDSuite's CRE market data, with the property's late-1980s vintage offering a competitive edge versus older local stock.
Situated in Hawthorne's Urban Core, the property benefits from neighborhood occupancy measured at 95.1% (neighborhood-level, not property-specific), placing the area in the upper tier nationally. Renter-occupied housing is prevalent (high renter concentration by neighborhood tenure), which generally supports a larger tenant base and steadier demand for multifamily units.
Amenities are a relative strength. The neighborhood ranks 254 out of 1,441 Los Angeles metro neighborhoods for overall amenities (competitive among Los Angeles-Long Beach-Glendale neighborhoods), with grocery access in the 99th percentile and pharmacies and cafes each around the upper national percentiles. Dining density also tracks high versus national peers, while parks are limited locally—park access ranks at the bottom of metro comparisons.
The average neighborhood construction year is 1976. With a 1989 build, this asset is newer than much of the surrounding stock, signaling competitive positioning versus older properties. Investors should still plan for targeted modernization as systems age, but the vintage advantage can aid leasing and reduce immediate capital intensity compared with 1970s-era assets.
Within a 3-mile radius, demographics show resilience and forward momentum. While recent population trends have been mixed, projections indicate population growth and a notable increase in household counts over the next five years, implying a larger renter pool and support for occupancy stability. Income trends are moving higher in the area, and neighborhood home values sit at the higher end locally and nationally, indicating a high-cost ownership market that tends to reinforce renter reliance on multifamily housing.
Operationally, neighborhood rents and NOI per unit benchmark in the upper national percentiles, and the area's rent-to-income profile suggests some affordability pressure—an important consideration for pricing power and retention strategy rather than a deterrent to demand. Based on CRE market data from WDSuite, the combined signals—renter concentration, amenity depth, and projected household expansion—favor durable tenant demand with measured lease management.
Neighborhood-level safety indicators compare favorably at the national scale, with crime metrics placing the area above the national median for safety. Within the Los Angeles-Long Beach-Glendale metro, the neighborhood's crime rank sits around the metro middle (580 out of 1,441), indicating typical urban dynamics rather than an outlier condition.
Recent trend data is constructive: estimated violent offenses are down year over year and property offenses have also declined, based on WDSuite's CRE market data. These are neighborhood-level signals and can vary by block and over time; investors should underwrite to submarket trends and corroborate with current local reports.
The area draws demand from nearby corporate offices offering diverse professional and industrial roles, supporting workforce housing and commute convenience for renters. Notable employers include Mattel, Southwest Airlines, Symantec, Microsoft, and Air Products & Chemicals.
- Mattel — toy manufacturing (3.4 miles) — HQ
- Southwest Airlines Counter — airline operations (4.7 miles)
- Symantec — cybersecurity (6.4 miles)
- Microsoft Offices The Reserves — software (7.1 miles)
- Air Products & Chemicals — industrial gases (8.7 miles)
This 21-unit, 1989-vintage asset sits in a renter-centric Los Angeles submarket where neighborhood occupancy is in the upper national percentiles. Newer-than-average vintage versus the 1970s neighborhood baseline supports competitive positioning, with selective modernization likely to enhance retention and pricing. According to CRE market data from WDSuite, amenity depth (notably groceries, dining, and pharmacies) and high ownership costs in the area point to durable apartment demand.
Within a 3-mile radius, forward-looking signals show population growth and a meaningful increase in households, implying renter pool expansion that can support occupancy stability over time. Affordability management remains important: rent-to-income metrics indicate some pressure, suggesting disciplined lease management and renewal strategies are prudent. Limited park access and uneven school ratings are local considerations to monitor in underwriting.
- 1989 vintage positions the asset competitively versus older neighborhood stock, with targeted modernization to unlock value.
- High renter concentration and strong amenity access support a deep tenant base and leasing durability.
- 3-mile projections indicate population growth and rising household counts, reinforcing renter demand and occupancy stability.
- Risks: some rent-to-income pressure, limited park access, and uneven school ratings warrant conservative underwriting and active lease management.