Los Angeles Homes with Hotel/Motel Subtype

Los Angeles Homes with Hotel/Motel Subtype

Welcome to Los Angeles County, the vibrant heart of Southern California! Known for its stunning beaches, iconic landmarks, and diverse culture, this sprawling county offers an unparalleled lifestyle that attracts residents and visitors alike. From the glitz and glamour of Hollywood to the serene landscapes of the Santa Monica Mountains, Los Angeles is a place where dreams come to life.

One of the unique opportunities within this dynamic region is the availability of homes with a hotel/motel subtype. Ideal for savvy investors or those looking to blend residential living with a hospitality venture, these properties present a fantastic opportunity to capitalize on the county's thriving tourism industry. Imagine owning a charming bungalow just minutes from the bustling attractions of downtown LA or a cozy retreat near the picturesque coastline of Malibu. These homes not only provide a comfortable living space but also the potential for lucrative rental income.

Los Angeles County's diverse neighborhoods cater to every lifestyle, whether you prefer the artistic vibe of Silver Lake or the upscale ambiance of Beverly Hills. With year-round sunshine, world-class dining, and a rich tapestry of cultural experiences, it’s no wonder that so many are drawn to make this region their home.

Investing in a home with a hotel/motel subtype in Los Angeles County means embracing a lifestyle filled with excitement, opportunity, and endless possibilities. Whether you're looking to settle down or embark on a new venture, this is the perfect place to call home. Explore the charm of Los Angeles County today, and discover the potential that awaits you!

Newest Los Angeles Homes with Hotel/Motel Subtype

$2,250,000
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

$1,799,000
SB26057243 MLS Active Status
Prime Half-Acre Development Opportunity in Lawndale 0.49-Acre Lot | 6.89% Cap Rate | 10.04 GRM Located on approximately 0.49 acres in the City of Lawndale, this property offers an immediate income-producing opportunity with significant potential for future redevelopment. Current Use & Income: The property is currently operated as a rooming house/SRO (Single Room Occupancy), consisting of 16 rooms plus a separate one-bedroom house. The one-bedroom house has its own address at 15001, while the remaining units use the address 15003. The property currently generates approximately $14,965 per month in gross income, or $179,580 annually, providing immediate cash flow while allowing an investor to maintain the existing operation or explore future development options. Current investment metrics: Cap Rate: 6.79% GRM: 10.04 Gross Monthly Income: $14,965 Gross Annual Income: $179,580 Proposed Future Use: Multifamily Development: A professional Due Diligence/Best Use Report was commissioned to evaluate the property's redevelopment potential. According to the report prepared by Elevated Entitlements, the property presents a potential multifamily development opportunity. Based on the property's medium-density residential zoning and the potential application of AB 1287 density bonus provisions, the Due Diligence Report indicates the site may accommodate up to 19 residential units, including units designated as affordable housing. The report projects potential annual income of approximately $531,000 or more under the proposed multifamily development scenario. This creates the opportunity to acquire an income-producing property today while evaluating a potential transition to a higher-density residential use. Offering Memorandum and Due Diligence Report available upon request. Contact me for additional information and to review the materials prepared by Elevated Entitlements.

15003 Larch, Lawndale

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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.