Hawthorne, CA 90250,13314 Cordary Ave
Hawthorne, CA 90250,13314 Cordary Ave
Hawthorne, CA 90250,13314 Cordary Ave
8
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$1,495,000
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9 Beds
6 Baths
4,032 SqFt
Active

13314 Cordary Ave Hawthorne, CA 90250

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,032 sqft

Price per Sqft $370

MLS Listing ID 25496167

Bedrooms 9

Year Built 1964

Lot Size 5,602 Sqft

Acres 0.1286

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area East Hawthorne

Zoning HAR3YY

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Carport

Garage Spaces 5.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

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agent

Michelle M Randazzo

REALTOR® | RE.0196837

+1(702) 412-1049

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13314 Cordary Ave