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Listed by Jignesh Jack Patel • Sage Real Estate Group Inc
$1,899,999
Est. payment /mo
Price Dropped by $300K
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 RS-25277235
Year Built 1923
Property Sub-Type Hotel/Motel
Source California Regional Multiple Listing Service (CRMLS)
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
Laundry Individual Room, Inside
Building
Lot Description 0-1 Unit/Acre
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