| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14032 Cordary Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1984 |
| Units | 49 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14032 Cordary Ave, Hawthorne CA — Multifamily Renter Demand
Neighborhood occupancy remains steady and above national medians, according to WDSuite s CRE market data, supporting consistent leasing for a 49-unit asset in an Urban Core pocket of Los Angeles County. Elevated ownership costs in the area help sustain reliance on rentals and underpin pricing power over the cycle.
This Hawthorne property sits in a B+ rated Urban Core neighborhood within the Los Angeles-Long Beach-Glendale metro, where neighborhood-level occupancy is above the national median and NOI per unit trends competitively. For investors, that combination signals depth of tenant demand and a foundation for leasing stability at the submarket level (metrics refer to the neighborhood, not the property).
Everyday amenities are a local strength: the neighborhood scores in the upper national percentiles for groceries, pharmacies, cafes, and childcare access, which supports resident convenience and lease retention. By contrast, neighborhood park access is limited, and average school ratings trail national norms, factors to weigh when targeting family-oriented renter segments.
Within a 3-mile radius, an estimated 57.5% of housing units are renter-occupied, indicating a sizable renter-occupied base that can support absorption for multifamily product. Recent population trends have been soft, but WDSuite s data shows households are projected to increase through 2028 with smaller average household sizes, expanding the pool of potential renters and helping support occupancy stability.
Ownership remains a high-cost proposition locally relative to incomes, with elevated home values and a high value-to-income ratio compared with many U.S. neighborhoods. That context typically reinforces renter reliance on multifamily housing and can support pricing power, while a rent-to-income profile near one-third suggests some affordability pressure and the need for thoughtful lease management.
Vintage context: the neighborhood s average construction year skews late-1970s. This 1984 asset is somewhat newer than the local average, positioning it competitively versus older stock; investors should still plan for targeted system updates or renovations to sustain rent positioning.
Safety indicators for the neighborhood track better than national averages overall, with crime levels around the 64th percentile nationally (higher percentile indicates comparatively safer conditions). Year-over-year, WDSuite s data shows sizable declines in estimated violent offenses and a notable reduction in property offenses, pointing to an improving trend rather than a guarantee. Rankings reflect neighborhood-level conditions and are compared against 1,441 Los Angeles metro neighborhoods.
Nearby employers span consumer products, airlines, and technology, supporting a diverse commuter base and reinforcing renter demand via proximity-driven convenience. The list below highlights key names within approximately 3 8 miles.
- Mattel consumer products (3.1 miles) HQ
- Southwest Airlines Counter airlines operations (4.6 miles)
- Symantec software & security offices (6.4 miles)
- Microsoft Offices The Reserves technology offices (7.0 miles)
- Air Products & Chemicals industrial gases (8.8 miles)
14032 Cordary Ave is a 49-unit, 1984-vintage asset positioned in a neighborhood where occupancy trends are above national medians and amenities are plentiful. According to CRE market data from WDSuite, the area s high-cost ownership landscape and strong renter presence support durable demand for professionally managed multifamily, while proximity to diversified employers adds leasing depth.
The 1984 vintage is somewhat newer than local averages, offering relative competitiveness versus older stock and potential to capture value through targeted upgrades rather than full repositioning. Investors should account for affordability pressures (rent-to-income near one-third) and below-average neighborhood school ratings when crafting unit mix, finish level, and renewal strategies.
- Solid neighborhood occupancy and renter demand underpin leasing stability
- High-cost ownership market supports reliance on rentals and pricing power
- 1984 vintage offers competitive positioning with selective upgrade upside
- Diverse nearby employers broaden the tenant base and aid retention
- Risks: affordability pressure, limited park access, and lower average school ratings