| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 40th | Fair |
| Amenities | 80th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4029 W Rosecrans Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1974 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4029 W Rosecrans Ave Hawthorne Multifamily Investment
This 28-unit property sits in a neighborhood with 96% occupancy and strong rental demand fundamentals. The area ranks in the 95th percentile nationally for rental share, reflecting sustained tenant demand according to CRE market data from WDSuite.
The Hawthorne neighborhood demonstrates solid multifamily fundamentals with 96% occupancy ranking in the 77th percentile nationally among the Los Angeles metro's neighborhoods. Rental units comprise 63.6% of housing stock, placing the area in the 95th percentile nationwide for rental share. This high rental concentration supports consistent tenant demand and lease-up velocity for multifamily properties.
Built in 1974, this property aligns with the neighborhood's average construction year of 1969, indicating consistent building stock that may present value-add renovation opportunities. Median contract rents of $1,695 have increased 35% over five years, while maintaining affordability relative to the $77,861 median household income. Demographics within a 3-mile radius show 266,000 residents with 57% renter-occupied housing units, reinforcing the rental market depth.
The neighborhood earns a B+ rating and ranks 434th among 1,441 Los Angeles metro neighborhoods, placing it above the metro median. Amenity density supports tenant retention with 8 grocery stores per square mile (98th percentile nationally) and 2.67 parks per square mile (96th percentile). The area's 80th percentile national ranking for overall amenities enhances its appeal to renters seeking convenient urban living.
Forward-looking demographics project 2.6% population growth through 2028, with household formation increasing 37.7% as median income rises to $120,455. This expanding renter pool, combined with projected median rents reaching $2,446, suggests strengthening fundamentals for multifamily demand and pricing power.
Property crime rates in the neighborhood rank 1,106th among 1,441 Los Angeles metro neighborhoods, placing it below the metro median. However, crime trends show improvement with property offenses declining 27% year-over-year, ranking in the 71st percentile nationally for crime reduction. This downward trajectory suggests improving conditions that could support tenant retention and property values.
Violent crime rates remain elevated at 278 incidents per 100,000 residents, ranking in the lower quartile among metro neighborhoods. Investors should factor security considerations into property management strategies and tenant screening processes. The neighborhood's urban core designation reflects its dense, active environment typical of established Los Angeles submarkets.
The property benefits from proximity to major corporate employers that provide workforce housing demand, including Mattel's headquarters and several technology offices within commuting distance.
- Mattel — toy manufacturing headquarters (3.0 miles) — HQ
- Southwest Airlines Counter — airline operations (4.5 miles)
- Symantec — cybersecurity technology (6.4 miles)
- Microsoft Offices The Reserves — technology services (6.9 miles)
- Air Products & Chemicals — industrial chemicals (8.9 miles)
This 28-unit property offers stable cash flow fundamentals in a high-rental-share neighborhood with 96% occupancy and improving crime trends. The 1974 construction year presents value-add renovation opportunities while the neighborhood's B+ rating and above-median ranking among 1,441 Los Angeles metro areas supports long-term tenant demand. Commercial real estate analysis from WDSuite shows median rents increasing 35% over five years with continued affordability for the local income base.
Demographics within 3 miles project 37.7% household growth through 2028, expanding the potential tenant pool as median incomes rise 34.7% to $120,455. The neighborhood's 95th percentile national ranking for rental share and strong amenity density create defensive characteristics for occupancy stability. However, investors should plan for security enhancements and monitor the competitive landscape as home values remain elevated at 10.8 times median income.
- 96% neighborhood occupancy with 63.6% rental share (95th percentile nationally)
- 35% rent growth over five years with continued affordability at current income levels
- 1974 vintage offers value-add renovation potential in established neighborhood
- Projected 37.7% household growth through 2028 expands tenant pool
- Crime rates declining 27% year-over-year but security considerations remain