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Royal Hotel 238 W 10th St 20 Pièce Hôtel San Pedro, CA 90731 3 033 073 $ CAD (151 654 $ CAD/Pièce)
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Faits saillants de l'investissement
- Steps from the $150M West Harbor waterfront development and downtown San Pedro revitalization.
- Modern LVP flooring, updated common areas, and refreshed unit interiors.
- Minutes from the Port of Los Angeles, the busiest container port in North America.
- Significant potential through lease-up of vacant units at market rents.
- Strong demand from port workers and maritime industry.
Résumé de l'annonce
Just Reduce by $200,000!!
The Royal Hotel presents a rare opportunity to acquire a 20-unit SRO property in Downtown San Pedro, located steps from the $150M West Harbor waterfront redevelopment. This transforming coastal submarket offers investors immediate income with strong value-add upside through lease-up and operational improvements.
Ownership has completed significant capital improvements, including a full electrical and plumbing upgrade (2018), new roof (2023), and new exterior metal staircase (2023). Interiors feature LVP flooring, fresh paint, furnished units with mini-fridge and TV, and renovated shared bathrooms. All utilities are included in rent, simplifying operations and supporting strong tenant demand.
The property benefits from proximity to major economic drivers, including the Port of Los Angeles, the World Cruise Center, and the upcoming West Harbor waterfront development, which will add 42 acres of restaurants, retail, entertainment, and public promenade.
With limited SRO inventory, strong workforce housing demand, and high barriers to entry, The Royal Hotel offers investors cash flow, value-add potential, and long-term appreciation in one of Southern California’s fastest-growing waterfront markets.
The Royal Hotel presents a rare opportunity to acquire a 20-unit SRO property in Downtown San Pedro, located steps from the $150M West Harbor waterfront redevelopment. This transforming coastal submarket offers investors immediate income with strong value-add upside through lease-up and operational improvements.
Ownership has completed significant capital improvements, including a full electrical and plumbing upgrade (2018), new roof (2023), and new exterior metal staircase (2023). Interiors feature LVP flooring, fresh paint, furnished units with mini-fridge and TV, and renovated shared bathrooms. All utilities are included in rent, simplifying operations and supporting strong tenant demand.
The property benefits from proximity to major economic drivers, including the Port of Los Angeles, the World Cruise Center, and the upcoming West Harbor waterfront development, which will add 42 acres of restaurants, retail, entertainment, and public promenade.
With limited SRO inventory, strong workforce housing demand, and high barriers to entry, The Royal Hotel offers investors cash flow, value-add potential, and long-term appreciation in one of Southern California’s fastest-growing waterfront markets.
Faits sur la propriété
Commodités
- Accès Internet à haute vitesse
- Accès Wi-Fi public
Pièce renseignements sur le mélange
| Description | Nombre de pièces | Taux quotidien | pi² |
|---|---|---|---|
| Guest Room | 20 | 106,16 $ CAD | - |
Assez praticable à pied
50/100
Très facile d’accès en voiture
80/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
Impôts fonciers
| Numéro de lot | 7455-024-017 | Évaluation des bâtiments | 630 464 $ CAD |
| Évaluation du terrain | 985 100 $ CAD | Évaluation totale | 1 615 564 $ CAD |
Impôts fonciers
Numéro de lot
7455-024-017
Évaluation du terrain
985 100 $ CAD
Évaluation des bâtiments
630 464 $ CAD
Évaluation totale
1 615 564 $ CAD
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Royal Hotel | 238 W 10th St
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