CHARLES FISHER
1401 Highland Avenue Manhattan Beach, CA 90266 Each Office Independently Owned and Operated.
REALTOR® | CalBRE# 01731424
INVESTMENT PROPERTY REPORT
310-902-7214
HAWTHORNE INVESTMENT PROPERTIES
charles@fisherrealestate.com www.FisherRealEstate.com
APRIL 2018 Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | © 2018
Visit www.FisherMultiFamily.com for current market activity, community information, and more.
vacancy rate falls to 2.7 percent as area’s rental market tightens! Even with Increasing Rent Prices, Vacancy Rate is Low!
AVERAGE RENT IN HAWTHORNE, CA All Rentals
Studio
1 Bedroom
2 Bedrooms
3 Bedrooms
Average Rent
$1,348
$1,085
$1,337
$1,771
$2,082
Year Over Year Change
10% h
12% h
9% h
10% h
8% h
Average Apartment Size
623 sq. ft.
402 sq. ft.
649 sq. ft.
908 sq. ft.
1,080 sq. ft.
The average rent for an apartment in Hawthorne is $1,348, a 10% increase compared to the previous year, when the average rent was $1,226.
$1,000 - $1,500: 70%
$701 - $1,000: 11% $1,000 - $1,500: 70% $1,501 - $2,000: 10% > $2,000: 9%
Johnathan and Angela-Marie, Vacancy rates are extremely low which means your property could sell faster! If you are thinking of selling, call me today at 310-902-7214 to receive a complimentary assessment of your property’s true value.
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams