Hi, yes it is a gated community in a residential, so you can park your car outside, in the street. It is very safe, although is on the street.
The hotel is in a gated community -- a residential (not commercial) neighborhood. It looked like there was parking on the street in front of Los Volcanes. I did not see any place to park inside the compound when I was there.
Get an answer from Hostal Los Volcanes staff and past guests.