North Gateway (116) Homes with Hotel/Motel Subtype

North Gateway (116) Homes with Hotel/Motel Subtype

Welcome to North Gateway, a vibrant neighborhood nestled in the heart of Gardena, California, within the sprawling Los Angeles County. This charming region is known for its diverse community, rich cultural heritage, and convenient access to the best that Southern California has to offer. With its close proximity to major highways and public transport, North Gateway makes commuting a breeze and opens up a world of opportunities for both residents and visitors alike.

One of the unique features of this area is its intriguing blend of residential and commercial properties, particularly homes with the hotel/motel subtype. These properties offer an exceptional investment opportunity for those looking to capitalize on the thriving tourism and business travel sectors in the Greater Los Angeles area. Imagine owning a property that not only serves as a cozy residence but also as a lucrative short-term rental, catering to vacationers and business travelers seeking comfort and convenience.

The homes in North Gateway with the hotel/motel subtype are designed with versatility in mind, often featuring multiple units, spacious layouts, and amenities that appeal to both long-term residents and short-term guests. The neighborhood itself boasts a welcoming atmosphere, with a variety of local shops, restaurants, and parks that enhance the community spirit.

Whether you’re an investor looking to diversify your portfolio or a homeowner seeking a unique living arrangement, North Gateway presents a compelling option. Embrace the opportunity to be part of this dynamic neighborhood, where the charm of Gardena meets the bustling energy of Los Angeles. Your dream property awaits!

Newest North Gateway (116) Homes with Hotel/Motel Subtype

$2,300,000
RS26126329 MLS Active Status
5 Units - 2 Stories - 7.00% Cap Rate (Actual) - 10.70x GRM - 4 Retail Units + 15-Room Hotel - 100% Occupied - Minimal Landlord Expenses -- Presenting a rare opportunity to acquire 825 West Gardena Boulevard, a fully leased two-story mixed-use asset in the heart of Gardena offering an exceptional blend of stable retail income and hospitality revenue with minimal landlord responsibilities. The property features five (5) fully occupied units across two floors with the landlord responsible only for property taxes, insurance, and exterior building maintenance, requiring no day-to-day operational involvement and making this an ideal passive income vehicle for the discerning investor. The unit mix consists of four (4) ground-floor retail units with direct street frontage along Gardena Blvd and one (1) 15-room hotel occupying the entire second floor. Three (3) units are on new leases with contractual annual rent increases, while two (2) units are on month-to-month tenancies, presenting a compelling owner-user opportunity with SBA financing potential for a qualified buyer looking to occupy a portion of the asset. The property is listed at a 7.00% cap rate on actual in-place rents with a 10.70x Gross Rent Multiplier, with all five (5) units currently occupied and generating income at close of escrow. With a diversified income stream across retail and hospitality uses, a strong in-place cap rate, and a lease structure built for long-term stability, 825 W. Gardena Blvd is purpose-built for the passive investor seeking durable cash flow in a supply-constrained Southern California market.

825 W Gardena, Gardena

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.