Active

13314 Cordary Ave

Hawthorne CA, 90250

$1,495,000


$370.78 per sqft

Active

9 Beds

6 Baths

4,032 sqft

Multi-family

Built in 1964

Situated at 13314 Cordary Ave in Hawthorne, this four-unit apartment building offers 4,032 square feet of living space on a 5,600-square-foot lot in a thriving, high-demand market. Just minutes from SpaceX, SoFi Stadium, Intuit Dome, and Kia Forum, the location provides easy access to major job centers, entertainment, and transportation.The property features (2) spacious 3-bedroom/2-bath units, each equipped with in-unit washer and dryer, perfect for maximizing rental income or an owner-occupant. It also includes (1) 2-bedroom/1-bath unit and (1) 1-bedroom/1-bath unit. The property presents a strong investment opportunity with a current cap rate of 4.11% with still 41% rental upside and market cap rate of 6.54%. Furthermore, its priced at an attractive price per square foot metric, sitting below the averages of what has sold in the area. Additionally, there's room to build two ADUs in the back, creating even more potential to add value and boost rental income. With no local rent control, the property defaults to AB 1482 statewide rent control, allowing for greater flexibility in rent increases and providing a more investor-friendly environment.

25496167

MLS ID

February 12, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

9


Total Bathrooms

6


Appliances

Microwave, Refrigerator, Dryer, Washer


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.13 Acres

Other Property Details

Area Name

East Hawthorne


Days on Market

8


Garage

No


Parking

Carport


Parking Total

5


View

No


County

Los Angeles


Pool

No


Zoning

HAR3YY

Listing History

Date

Event

Price

2/12/2025

Active

Listed by David Messiah with Lyon Stahl Investment Real Estate, Inc.
Listing Contact: 310-561-2384 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Elizabeth Alligood & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/20/2025

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