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Listed by Jignesh Patel, DRE #01941349 • Sage Real Estate Group Inc
$ 1,899,999
Est. payment | /mo
5,005 Sqft Lot
$ 1,899,999
Est. payment | /mo
5,005 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRRS25270178
Year Built 1923
Lot Size 5,005 Sqft
Source California Regional MLS
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.
Location
State CA
County Los Angeles
Area 185 - Plaza
Rooms
Kitchen None
Interior
Heating Other
Cooling Window / Wall Unit
Laundry In Laundry Room
Exterior
Parking Features No Parking, Off-Street Parking
Pool None
Roof Type Flat / Low Pitch
Building
Water District - Public
Others
Tax ID 7455024017
Special Listing Condition Not Applicable
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