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San Pedro, CA

$1,899,999

238 W 10th, San Pedro, CA
1923
Built
122
Days listed

About this home

$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.

Facts & features

Interior
Laundry
Inside, Laundry Room
Exterior & lot
Lot size
0.115 acres (5,005 sq ft)
Year built
1923
Community
Area
185 - Plaza
County
Los Angeles
Listing details
Status
Active
Property type
Hotel Motel
Days on market
122
Listed
2025-12-15
Original price
$2,399,999
Terms
Cash, Cash To New Loan, Conventional, Exchange 1031
Parcel #
7455024017
MLS #
RS25277235
Listed by
Jignesh Patel · Sage Real Estate Group Inc

Location

Price history

Listed
$2,399,999 · 2025-12-15
Price reduced
$1,899,999 (−$500,000)
Days on market
122
Current price
$1,899,999
Financing

Could this home be yours?

Estimated monthly payment
$11,919
$9,607 principal & interest · $2,312 taxes & insurance
$380,000
Estimate only
Loan $1,519,999

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Listing data provided by CRMLS

Listing courtesy of Sage Real Estate Group Inc. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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