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238 W 10th St
San Pedro, CA 90731 Central San Pedro

$2,399,999 USD

Hotel For Sale • 5,304 SF

Property Details

Property Type Hotel
Total Building Size 5,304 SF
Lot Size 0.11 AC
Building Class C
Year Built 1923
Zoning LAR2

48 Transit Score

89 Walk Score

                
                    Highlights
                
                                Steps from the $150M West Harbor waterfront development and downtown San Pedro revitalization.
                            
                                Significant potential through lease-up of vacant units at market rents.
                            
                                Modern LVP flooring, updated common areas, and refreshed unit interiors.
                            
                                5.7% current cap rate with potential to reach 9.0% stabilized.
                            
                                Strong demand from port workers and maritime industry.
                            
                                Minutes from the Port of Los Angeles, the busiest container port in North America.

Property Flyers

The-Royal-Hotel (2)

Amenities

High Speed Internet Access
Public Access Wifi

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	22 min	-	13.0 mi
Los Angeles International	31 min	-	21.2 mi
John Wayne/Orange County	44 min	-	33.2 mi

Jack Patel 213-453-2572 Sage Real Estate

238 W 10th St San Pedro, CA 90731 Central San Pedro