| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 40th | Fair |
| Amenities | 80th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4015 W 137th St, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1972 |
| Units | 31 |
| Transaction Date | 2003-05-22 |
| Transaction Price | $2,150,000 |
| Buyer | VILLA ADRIANA LLC |
| Seller | LEON JOSE E |
4015 W 137th St, Hawthorne Multifamily Investment
Neighborhood fundamentals point to durable renter demand and above-metro occupancy stability, according to WDSuite’s CRE market data. Metrics referenced below reflect the surrounding neighborhood, not this specific property.
Hawthorne’s Urban Core setting offers daily-life convenience that tends to support retention: strong access to groceries and pharmacies (both nationally high by density) and notable park access, while café density is limited. Restaurants are plentiful relative to national benchmarks, which helps weekend and evening activation.
The neighborhood’s renter-occupied share is elevated, indicating a deep tenant base for multifamily. Neighborhood occupancy is strong and has improved over the last five years, positioning assets to benefit from steady leasing conditions versus many U.S. submarkets, based on CRE market data from WDSuite.
Within a 3-mile radius, demographics show rising incomes over recent years and projections for a larger household count by 2028, alongside smaller average household sizes. For investors, that combination typically expands the renter pool and supports absorption, even if population growth is modest.
Ownership costs in the area are high relative to local incomes, which generally sustains reliance on rental housing and can help pricing power for well-positioned communities. School ratings trend near the national middle, which may be sufficient for workforce-oriented demand profiles.
Safety indicators are mixed. The neighborhood ranks 1,087 out of 1,441 Los Angeles-Long Beach-Glendale metro neighborhoods for overall crime, indicating higher crime levels than many parts of the metro. Nationally, it sits below average on safety by percentile. However, property offenses have declined on a recent year-over-year basis, which is a constructive trend to monitor, according to WDSuite’s CRE market data.
Investors should underwrite with prudent assumptions around security, lighting, and operational oversight, while noting that improving property-crime trends can reduce friction on retention if sustained.
Nearby employers in corporate services and technology provide a diversified commuter base that can support leasing and retention for workforce and professional renters: Mattel, Southwest Airlines, Symantec, Microsoft, and Air Products & Chemicals.
- Mattel — consumer products HQ (2.9 miles) — HQ
- Southwest Airlines Counter — airline operations (4.3 miles)
- Symantec — cybersecurity offices (6.1 miles)
- Microsoft Offices The Reserves — software offices (6.6 miles)
- Air Products & Chemicals — industrial gases offices (9.2 miles)
4015 W 137th St is a 31-unit, 1972-vintage asset with average unit sizes near 647 SF, positioned in a neighborhood with strong renter concentration and steady occupancy. Elevated home values relative to incomes in the area tend to reinforce rental demand, while the surrounding 3-mile radius shows rising incomes and projections for a larger household count by 2028—supporting a broader tenant base and potential occupancy stability. According to CRE market data from WDSuite, the neighborhood’s renter orientation and service amenities (groceries, parks, and pharmacies) are competitive versus national norms.
The 1972 vintage suggests attention to capital planning—common areas, unit interiors, and building systems may offer value-add pathways to sharpen competitiveness against newer stock. Underwriting should account for affordability pressure (given rent-to-income dynamics) and localized safety considerations, balanced against durable regional employment and high-cost ownership that can sustain demand for rentals.
- Deep renter-occupied base and solid neighborhood occupancy support leasing durability
- High ownership costs in the area reinforce reliance on multifamily housing
- 1972 vintage offers clear value-add levers via renovations and system upgrades
- Diverse nearby employers in corporate and tech underpin commuter demand
- Risks: localized safety, affordability pressure, and competition from newer product