| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14118 Cordary Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1984 |
| Units | 49 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14118 Cordary Ave, Hawthorne Multifamily Investment
Urban Core location with a deep renter base and stable neighborhood occupancy supports durable demand, according to WDSuite’s CRE market data.
Location fundamentals and renter demand
The surrounding neighborhood carries a B+ rating and is competitive among Los Angeles-Long Beach-Glendale neighborhoods on amenities (top quartile nationally), with strong access to daily needs—groceries and pharmacies score in high national percentiles—and a broad dining and cafe mix. These features support leasing velocity and day-to-day resident convenience.
Neighborhood occupancy trends are above national medians (low-to-mid 90s%), and the area has a very high share of renter-occupied housing units. For investors, that combination generally points to a deeper tenant base and supports occupancy stability relative to more ownership-heavy pockets, based on CRE market data from WDSuite.
Within a 3-mile radius, households have edged higher despite slight population softness, reflecting smaller household sizes rather than new unit supply. Forward-looking data shows projected increases in both population and households over the next five years, implying a larger pool of prospective renters and ongoing demand for multifamily units.
Home values are elevated relative to incomes (high national percentile for value-to-income), which tends to reinforce reliance on rental housing and can aid pricing power and retention. At the same time, rent-to-income levels suggest some affordability pressure, so thoughtful lease management and renewal strategies remain important.
School ratings nearby track below national averages, which can matter for certain family renters, but the strong amenity fabric and employment access typically anchor demand for workforce and lifestyle segments.
Safety context
Relative to neighborhoods nationwide, this area trends above the national median for safety (mid-60s percentile), offering a comparative advantage versus many urban-core peers. Recent data also indicates a meaningful year-over-year decline in violent incidents—among the stronger improvements nationally—which supports a constructive near-term trend, according to WDSuite’s market indicators.
Investors should monitor submarket-level trends over time rather than block-level snapshots, but the directional evidence is supportive of renter retention and leasing stability.
Proximity to major employers supports steady renter demand and commute convenience, led by entertainment, technology, airline operations, and industrial services. Nearby anchors include Mattel, Southwest Airlines operations, Symantec, Microsoft offices, and Air Products & Chemicals.
- Mattel — toys & entertainment (3.2 miles) — HQ
- Southwest Airlines Counter — airline operations (4.6 miles)
- Symantec — cybersecurity (6.5 miles)
- Microsoft Offices The Reserves — software (7.0 miles)
- Air Products & Chemicals — industrial gases (8.8 miles)
Investment thesis
14118 Cordary Ave sits in a renter-heavy Urban Core location with above-median neighborhood occupancy and amenity depth that supports lease-up and retention. The property’s 1984 vintage is newer than the neighborhood average, which can enhance competitive positioning versus older stock, while still offering potential modernization or systems updates for value-add upside.
Elevated home values relative to incomes reinforce reliance on multifamily housing, supporting pricing power over time. Within a 3-mile radius, forward projections indicate growth in both population and households—translating to a larger tenant base and support for occupancy stability. According to commercial real estate analysis from WDSuite, affordability pressures (rent-to-income) are present, so prudent lease management and renewal strategies are important to mitigate turnover risk.
- Renter-heavy neighborhood and above-median occupancy underpin demand stability
- 1984 vintage offers competitive positioning with potential value-add through targeted updates
- Amenity-rich, employment-accessible location supports leasing velocity and retention
- 3-mile forecasts show expanding tenant base, supporting long-term occupancy
- Risk: rent-to-income pressures call for careful rent setting and renewal strategy