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: $120,00
MLS #
CRRS25270178
MLS Source
California Regional MLS
Days on Site
0
Kitchen
None
Cooling
Window/Wall Unit
Heating
Other
Roof
Flat
Garage/Parking
No Parking, Off-Street Parking, Garage: 0 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
238 W 10th is a Residential Income in San Pedro, CA 90731. This – square foot property sits on a 5,005 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,399,999 and was built in 1923. This address can also be written as 238 W 10th, San Pedro, CA 90731.
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This listing information is up-to-date as of December 17, 2025. For the most current information, please contact Jignesh Patel, (213) 453-2572