North Gateway (116) Homes with Hotel/Motel Subtype

Welcome to North Gateway, a hidden gem nestled in the vibrant city of Gardena, California. This charming region, part of Los Angeles County, offers a unique blend of urban convenience and suburban tranquility. With its strategic location, North Gateway is just a stone's throw away from the bustling attractions of Los Angeles, making it an ideal spot for those who appreciate both city life and a peaceful retreat.

One of the standout features of North Gateway is its diverse real estate market, particularly the homes with a hotel/motel subtype. These properties are perfect for investors looking to capitalize on the area's growing popularity or for those seeking a versatile living arrangement. Imagine owning a home that doubles as a welcoming space for guests, complete with amenities that cater to both comfort and convenience. Whether you're hosting family and friends or generating rental income, these unique properties offer endless possibilities.

Gardena itself is rich in cultural diversity, offering a plethora of dining, shopping, and recreational options. Residents can enjoy local parks, vibrant community events, and easy access to public transportation, making it simple to explore all that Los Angeles has to offer. Additionally, the area's strong sense of community and friendly neighbors create a welcoming atmosphere that makes settling in feel effortless.

If you're searching for a home that combines the charm of suburban living with the excitement of city life, North Gateway in Gardena is the perfect place to explore. Discover the potential of homes with hotel/motel subtypes and embrace the lifestyle that awaits you in this dynamic region!

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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