North Gateway (116) Homes with Hotel/Motel Subtype

Welcome to North Gateway in Gardena, California, a vibrant and dynamic community nestled in the heart of Los Angeles County. Known for its diverse culture and convenient location, North Gateway is an ideal place for those seeking a blend of urban convenience and suburban charm. Just a stone's throw away from major highways and public transportation, residents enjoy easy access to the bustling city life of Los Angeles while still being able to retreat to their peaceful neighborhood.

One of the unique features of North Gateway is its intriguing real estate market, particularly the homes with a hotel/motel subtype. These properties offer a fascinating opportunity for investors and homeowners alike. With their flexible layouts and commercial potential, these homes can serve as a comfortable residence or as a viable business venture in the thriving hospitality sector. Imagine living in a stylish property that doubles as a short-term rental, providing a steady income stream while you enjoy the benefits of homeownership.

Gardena itself is rich in amenities, boasting a variety of parks, shopping centers, and dining options that cater to all tastes. The community is also known for its friendly atmosphere and a strong sense of belonging. Whether you’re strolling through the local farmer's market or enjoying a sunny afternoon at one of the nearby parks, you’ll quickly feel at home in North Gateway.

Discover the charm and potential of North Gateway, where your dream home or investment opportunity awaits! Embrace the best of California living in this thriving 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.