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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48609140
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 9
Bathroom Information
- Total Baths: 6
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Microwave,Refrigerator,Dryer,Washer
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 4,032
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1286
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 5602
-
Listing Information
Listing Price Information
- Original List Price: 1,495,000
- Listing Contract Date: 2025-02-12
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4050024016
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 110 - East Hawthorne
- Postal Code Plus 4: 6130
- Directions: Just East of Prairie Ave & South of El Segundo Blvd
- Zoning: HAR3YY
- Source Property Type: Residential Income
- Area: 110 - East Hawthorne
Building and Construction
- Property Age: 61
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 4032
- Levels or Stories: Multi/Split
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BuyOwner last updated this listing 02/22/2025 @ 02:02
- MLS: 25496167
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 9 bedrooms which is for sale, it has 4,032 sqft, 5,602 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Heathrow , in zip code 90250, this Los Angeles County Home are nearby neighborhoods.