1031 Exchange Lawndale, California

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Lawndale due to their correlations with market demand, and conversely, vacancy rate.

Surrounding submarket Area

Lawndale, California is a part of the Hawthorne/North Torrance Submarket submarket area, and contains zip codes 90260 and 90261.

Lawndale Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Lawndale, CA submarket area was $1,350, which is 25.70% lower than 2014 average rent. This represents a compounded annual growth rate of 4.68%. 2019 vacancy in Lawndale, CA was 1.30%.

The total population of the city of Lawndale, CA has decreased 0.05% since 2010. As of 2018, the population was 32,754. The median household income of the Lawndale was $58,447, which is 3.06% lower than the national average.

  • submarket area Hawthorne / North Torrance Submarket
  • avg rent $1,350
  • rent growth 25.70%
  • vacancy 1.30%
  • median income $58,447
  • population (2018) 32,754
  • population growth -0.05%
  • vs. nat'l avg 3.06%
  • zip codes 90260 90261

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