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238 10th , San Pedro, CA 90731
Priced at Only: $2,199,999
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Address: 238 10th , San Pedro, CA 90731
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  • MLS#: RS25270178 ( Commercial/Residential )
  • Street Address: 238 10th
  • Viewed: 1
  • Price: $2,199,999
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1923
  • Bldg sqft: 0
  • Days On Market: 96
  • Additional Information
  • County: LOS ANGELES
  • City: San Pedro
  • Zipcode: 90731
  • Provided by: Sage Real Estate Group Inc
  • Contact: Jignesh Jignesh
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    $200,000 Price Reduction Now $2,199,999 THE ROYAL HOTEL | San Pedro, CA 20 rooms | $110K/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 managers 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: $110K 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 Californias last affordable beach market.
Features
Appliances
  1. None
Assessments
  1. Unknown
Building Area Total
  1. 5304.00
Cable Tv Expense
  1. 7860.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 66
Electric Expense
  1. 9000.00
Entry Location
  1. ground
Fireplace Features
  1. None
Flooring
  1. Vinyl
Fuel Expense
  1. 3600.00
Furniture Replacement Expense
  1. 0.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 0.00
Heating
  1. See Remarks
Insurance Expense
  1. 26000.00
Interior Features
  1. 2 Staircases
Laundry Features
  1. Individual Room
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 136304.00
Newtaxesexpense
  1. 30000.00
Number Wallac
  1. 20
Otherexpense
  1. 4200.00
Parcel Number
  1. 7455024017
Parking Features
  1. None
  2. Street
Pest Control Expense
  1. 1100.00
Pool Expense
  1. 0.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Roof
  1. Flat
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 452915651:CRM
Suppliesexpense
  1. 6000.00
Taxblock
  1. 56
Totalexpenses
  1. 107788.00
Trash Expense
  1. 5028.00
Utilities
  1. Sewer Connected
  2. Electricity Connected
  3. Water Connected
Water Sewer Expense
  1. 9000.00
Water Source
  1. Public
Year Built
  1. 1923
Year Built Source
  1. Assessor
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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