Los Angeles Homes with Hotel/Motel Subtype

Los Angeles Homes with Hotel/Motel Subtype

Welcome to Los Angeles County, a vibrant tapestry of culture, innovation, and opportunity nestled in the heart of California. Known for its iconic landmarks, stunning beaches, and diverse neighborhoods, Los Angeles is a city that truly has something for everyone. From the glitz and glamour of Hollywood to the serene beauty of the Santa Monica Mountains, this county offers an unparalleled lifestyle that attracts residents and visitors alike.

One of the unique real estate opportunities in Los Angeles County is the availability of homes with a hotel/motel subtype. These properties present an exciting investment opportunity for those looking to capitalize on the thriving tourism industry. Imagine owning a charming property that not only serves as your personal residence but also has the potential to generate income through short-term rentals. With the steady influx of travelers seeking accommodations in this bustling metropolis, homes with hotel/motel characteristics can be a lucrative venture.

These properties often boast prime locations, allowing you to be just minutes away from famous attractions like the Hollywood Walk of Fame, Griffith Observatory, and the stunning beaches of Malibu. Many of these homes are designed with hospitality in mind, featuring multiple bedrooms, spacious living areas, and outdoor spaces perfect for entertaining guests.

Whether you’re looking for a property to call home or an investment that offers both comfort and profit, Los Angeles County's homes with hotel/motel subtypes provide a unique blend of lifestyle and opportunity. Don’t miss your chance to be part of this dynamic community where every day feels like a new adventure!

Newest Los Angeles 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.