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. This enchanting region, located in Los Angeles County, is a perfect blend of suburban charm and urban convenience. North Gateway boasts a diverse community, rich cultural heritage, and a welcoming atmosphere that invites you to explore all it has to offer.

One of the unique features of North Gateway is its array of homes with a hotel/motel subtype. These properties present an exciting opportunity for those looking to invest in real estate or seeking an alternative lifestyle. Imagine owning a charming property that not only serves as your residence but also has the potential for rental income. Whether you’re looking to accommodate short-term visitors or create a cozy retreat for travelers, these homes provide flexibility and a chance to tap into the flourishing hospitality market.

The region is conveniently located near major highways, making it easy to access the bustling heart of Los Angeles, while also being just a stone's throw away from the serene beaches of the South Bay. Residents enjoy a variety of local amenities, including parks, shopping centers, and dining options that cater to every palate.

With its unique real estate opportunities and prime location, North Gateway is more than just a place to live; it’s a lifestyle waiting to be embraced. Discover the charm of this delightful community and envision the possibilities that await you in a home that marries comfort with opportunity. Come and explore North Gateway—where your dream home and investment await!

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.