$2,399,999

238 W 10th, San Pedro (los Angeles), CA 90731

  • 5,304 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $452/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

THE ROYAL HOTEL San Pedro, CA | 20 Units | $120,000/Door | 5.28% Cap | 10 GRM Rare opportunity to acquire a renovated hotel just blocks from the $150M+ West Harbor waterfront development. This 42-acre destination features 150,000+ SF of dining and entertainment, a 6,200-seat amphitheater, California's tallest Ferris wheel, and a mile-long promenade-transforming San Pedro into a premier coastal destination. The Royal Hotel offers 20 bachelor units across two floors with communal restrooms, on-site laundry, and a 1BR/1BA manager's unit with full kitchen. Each room includes vinyl flooring, bed, mini-fridge, flat-screen TV, sink, DirecTV, and WiFi. The property is ideal for students, traveling professionals, and extended-stay guests seeking an affordable coastal location Prime Walkable Location: Steps from downtown San Pedro and the Metro Silver Line connecting to DTLA. Walk to Battleship USS Iowa, LA Maritime Museum, the Warner Grand Theatre, First Thursday Art Walk, and the new West Harbor waterfront. Free Downtown Trolley and Commuter Express 142 to Long Beach/Metro A Line nearby. Recent Upgrades: Complete electrical system with new main panel, PEX and copper plumbing throughout, new flat roof (2023), and new rear metal staircase (2023). Investment Metrics: $120,000/door | 5.28% C

Listing Status:
Active
Date Added:
December 17, 2025 at 06:00AM
Listing Office:
Sage Real Estate Group Inc : 562-400-7622
Listing Agent:
Jignesh Patel : 213-453-2572
MLS ID:
CRRS25270178
  • Laundry: Laundry Room
  • Flooring: Vinyl
  • A/C: Wall/Window Unit(s)
  • Heating: See Remarks
  • Parking: NoneOn Street
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: 7455024017
  • Source: CRMLS

This listing courtesy of Jignesh Patel, Sage Real Estate Group Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

1

15th Street Elementary School

1527 S Mesa St, San Pedro, CA, 90731

Grades KG-5

0.41 miles away

D

Dana Middle School

1501 S Cabrillo Ave, San Pedro, CA, 90731

Grades 6-8

0.81 miles away

S

San Pedro High School

1001 W 15th St, San Pedro, CA, 90731

Grades 9-12

1.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.