North Gateway (116) Homes with Hotel/Motel Subtype

Welcome to North Gateway, a vibrant neighborhood nestled in the heart of Gardena, California, within the bustling Los Angeles County. This charming area is a hidden gem that beautifully marries suburban tranquility with urban conveniences, making it an ideal place for families, professionals, and anyone in search of a welcoming community.

North Gateway boasts a unique blend of residential and commercial properties, with a notable presence of homes featuring the hotel/motel subtype. These properties not only provide a comfortable living space but also present exciting investment opportunities, particularly for those interested in the hospitality sector. The versatility of these homes allows for various uses, whether you envision a cozy residence or a thriving business venture.

The neighborhood is surrounded by a rich tapestry of cultural diversity, with a variety of dining, shopping, and entertainment options just a stone's throw away. Enjoy a leisurely afternoon at one of the local parks, or explore the lively streets filled with unique shops and eateries that reflect the area's eclectic spirit. With easy access to major highways and public transportation, residents can effortlessly navigate to nearby attractions, including the stunning beaches of the South Bay and the vibrant city life of downtown Los Angeles.

In North Gateway, you’ll find not just a place to live, but a community that embraces its residents with warmth and charm. Whether you’re looking for a home to settle down in or an investment opportunity that stands out, North Gateway is a captivating choice that promises a fulfilling lifestyle in the heart of Gardena. Come and discover all that this delightful neighborhood has to offer!

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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