Property listed by Sage Real Estate Group Inc, Jignesh Patel 213-453-2572
$2,199,999
$200,000 Price Reduction – Now $2,199,999
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… Read More 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. Read Less
Listing Snapshot
Days Online
65
Last Updated
Property Type
MixedUse
Lot Size
0.11 Acres
Year Built
1923
MLS Number
RS25270178
Additional Details
Building
Built in 1923, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: ground
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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