19
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$1,899,999
Est. payment /mo
5,005 Sqft Lot
Price Dropped by $300K
238 W 10th San Pedro, CA 90731
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Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS25277235
HOA Y/N No
Year Built 1923
Lot Size 5,005 Sqft
Property Sub-Type Hotel/Motel
Property Description
$400,000 Price Reduction – Now $1,899,999
THE ROYAL HOTEL | San Pedro, CA 20 rooms | $95K/Door
Rare opportunity to acquire a renovated 20-room SRO hotel just blocks from the $150M+ West Harbor waterfront redevelopment transforming San Pedro into a premier coastal destination. The property features 20 rooms, communal restrooms, on-site laundry, and a 1BR manager's unit.
Recent upgrades include new electrical system, PEX & copper plumbing, new roof (2023), and new rear staircase (2023).
Prime walkable location near Downtown San Pedro, Metro Silver Line to DTLA, USS Iowa, Warner Grand Theatre, and the new waterfront development.
Investment Highlights:• $95K per door• SBA financing potential (buyer to verify)
Ideal for supportive housing, transitional housing, sober living, multifamily conversion, or redevelopment as San Pedro continues its rapid growth.
Turnkey coastal investment in Southern California's last affordable beach market.
THE ROYAL HOTEL | San Pedro, CA 20 rooms | $95K/Door
Rare opportunity to acquire a renovated 20-room SRO hotel just blocks from the $150M+ West Harbor waterfront redevelopment transforming San Pedro into a premier coastal destination. The property features 20 rooms, communal restrooms, on-site laundry, and a 1BR manager's unit.
Recent upgrades include new electrical system, PEX & copper plumbing, new roof (2023), and new rear staircase (2023).
Prime walkable location near Downtown San Pedro, Metro Silver Line to DTLA, USS Iowa, Warner Grand Theatre, and the new waterfront development.
Investment Highlights:• $95K per door• SBA financing potential (buyer to verify)
Ideal for supportive housing, transitional housing, sober living, multifamily conversion, or redevelopment as San Pedro continues its rapid growth.
Turnkey coastal investment in Southern California's last affordable beach market.
Location
State CA
County Los Angeles
Area 185 - Plaza
Interior
Fireplace No
Laundry Inside, Laundry Room
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 7455024017
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Jignesh Patel Sage Real Estate Group Inc 213-453-2572, DRE #01941349
NEARBY SCHOOL & BUSINESS
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