238 W 10th San Pedro, CA 90731
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS25270178
HOA Y/N No
Year Built 1923
Lot Size 5,005 Sqft
Property Sub-Type Mixed Use
Property Description
THE ROYAL HOTEL | San Pedro, CA 20 rooms | $110K/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:• $110K 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
Interior Features Multiple Staircases
Heating See Remarks
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Parking Features None, On Street
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Flat
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7455024017
Energy Description 3600.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Nearby Locations
GET MORE INFORMATION