North Gateway (116) Homes with Hotel/Motel Subtype

Welcome to North Gateway, a charming gem nestled in the vibrant city of Gardena, California, within the heart of Los Angeles County. This unique neighborhood offers an enticing blend of urban convenience and suburban tranquility, making it an ideal locale for those seeking a dynamic lifestyle.

North Gateway is characterized by its diverse community, rich cultural heritage, and a variety of amenities that cater to residents’ needs. With easy access to major highways and public transportation, commuting to downtown Los Angeles or other parts of the city is a breeze. Residents can enjoy the best of both worlds—immersing themselves in the bustling city life while retreating to the peaceful ambiance of their neighborhood.

One of the standout features of North Gateway is its distinctive homes with a hotel/motel subtype. These properties offer a unique investment opportunity for those looking to capitalize on the thriving tourism industry in the area. Imagine owning a charming property that not only serves as a comfortable residence but also has the potential to generate income through short-term rentals. With the increasing popularity of platforms like Airbnb, the demand for such accommodations is on the rise, making this a savvy investment choice.

The surrounding area boasts a plethora of parks, shopping centers, and dining options, ensuring that residents have everything they need right at their fingertips. Whether you’re looking for a cozy family home or an investment property with great potential, North Gateway is a neighborhood that promises both charm and opportunity. Embrace the vibrant lifestyle and explore the possibilities that await you in this delightful community!

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.