$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 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.
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Listed by Jignesh Patel with Sage Real Estate Group Inc (562) 400-7622
Property Type
Mixed Use
Status
Active
MLS Number
RS25270178
Year Built
1923
Lot Size
5,005 sq ft