North Gateway (116) Homes with Hotel/Motel Subtype

North Gateway (116) Homes with Hotel/Motel Subtype

Welcome to North Gateway, a hidden gem nestled in the vibrant city of Gardena, California, within the heart of Los Angeles County. This dynamic region is a perfect blend of urban convenience and suburban charm, making it an ideal destination for those seeking a diverse community with a rich cultural tapestry.

North Gateway is characterized by its welcoming neighborhoods and a variety of amenities that cater to a wide range of lifestyles. Residents enjoy easy access to local parks, shopping centers, and dining options, ensuring that everything you need is just a stone's throw away. The area is well-connected to major highways and public transportation, making commutes to nearby Los Angeles and surrounding cities a breeze.

One of the unique features of North Gateway is the availability of homes with a hotel/motel subtype. These properties present an exciting opportunity for investors and homeowners alike. Imagine owning a charming residence that doubles as a short-term rental or vacation spot, providing an additional income stream while allowing you to enjoy the comforts of home. With the growing popularity of travel and tourism in the area, these properties can be a lucrative investment, attracting visitors looking for a cozy and convenient place to stay in the heart of Los Angeles.

Whether you’re drawn to the vibrant community, the investment potential, or the unique housing options, North Gateway offers something for everyone. Explore the possibilities of making this charming neighborhood your new home or investment opportunity today!

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.