There are multiple listings for this address:
$2,399,999
238 W 10th
San Pedro, CA, 90731
THE ROYAL HOTEL
San Pedro, CA | 20 Units | $120,000/Door | 5.68% Cap | 9.68 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: $120,000/door | 5.68% Cap Rate | 9.83 GRM | Proforma: 9.01% Cap & 6.67 GRM
Flexible Use Potential: The building’s layout is well-suited for alternative uses including non-profit supportive housing, transitional housing, Multifamily, sober living facility, or ground-up redevelopment to capitalize on San Pedro’s growth. (buyer to verify)
Why This Deal Works: Yes, it’s an SRO under LA RSO—but at $120K/door with a 5.68% cap in a coastal market, this is exceptional value. Comparable beach-adjacent properties trade at 2-3x the price. The recent infrastructure upgrades eliminate major capex concerns, SBA financing lowers the barrier to entry, and San Pedro’s $150M+ waterfront transformation provides a clear path to appreciation. Smart investors recognize that rent-stabilized assets in prime locations offer stability, consistent cash flow, and long-term upside.
Potential SBA FINANCING AVAILABLE — (buyer to Verify and Qualify)
Don’t miss your chance to own a turnkey operation in Southern California’s last affordable beach city—positioned for appreciation as San Pedro’s waterfront renaissance unfolds.
San Pedro, CA | 20 Units | $120,000/Door | 5.68% Cap | 9.68 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: $120,000/door | 5.68% Cap Rate | 9.83 GRM | Proforma: 9.01% Cap & 6.67 GRM
Flexible Use Potential: The building’s layout is well-suited for alternative uses including non-profit supportive housing, transitional housing, Multifamily, sober living facility, or ground-up redevelopment to capitalize on San Pedro’s growth. (buyer to verify)
Why This Deal Works: Yes, it’s an SRO under LA RSO—but at $120K/door with a 5.68% cap in a coastal market, this is exceptional value. Comparable beach-adjacent properties trade at 2-3x the price. The recent infrastructure upgrades eliminate major capex concerns, SBA financing lowers the barrier to entry, and San Pedro’s $150M+ waterfront transformation provides a clear path to appreciation. Smart investors recognize that rent-stabilized assets in prime locations offer stability, consistent cash flow, and long-term upside.
Potential SBA FINANCING AVAILABLE — (buyer to Verify and Qualify)
Don’t miss your chance to own a turnkey operation in Southern California’s last affordable beach city—positioned for appreciation as San Pedro’s waterfront renaissance unfolds.
Property Details
Price:
$2,399,999
MLS #:
RS25270178
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Hotel/Motel
Neighborhood:
185plaza
Listed Date:
Jan 14, 2026
Total Sq Ft:
5,304
Lot Size:
5,005 sqft / 0.11 acres (approx)
Year Built:
1923
Schools
Interior
Laundry Features
IR, IN
Exterior
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Map
Current real estate data for Single Family in San Pedro as of Feb 13, 2026
175
Single Family Listed
78
Avg DOM
291
Avg $ / SqFt
$625,470
Avg List Price
Community
- Address238 W 10th San Pedro CA
- CitySan Pedro
- CountyLos Angeles
- Zip Code90731
Similar Listings Nearby
Property Summary
- 238 W 10th San Pedro CA is a Single Family for sale in San Pedro, CA, 90731. It is listed for $2,399,999 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1923. The average price per square foot for Single Family listings in San Pedro is $291. The average listing price for Single Family in San Pedro is $625,470. To schedule a showing of MLS#rs25270178 at 238 W 10th in San Pedro, CA, contact your James Outland agent at 8057482262.
Courtesy of Sage Real Estate Group Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 238 W 10th
San Pedro, CA
$2,399,999
238 W 10th
San Pedro, CA, 90731
THE ROYAL HOTEL
San Pedro, CA | 20 Units | $120,000/Door | 5.68% Cap | 9.68 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: $120,000/door | 5.68% Cap Rate | 9.83 GRM | Proforma: 9.01% Cap & 6.67 GRM
Flexible Use Potential: The building’s layout is well-suited for alternative uses including non-profit supportive housing, transitional housing, Multifamily, sober living facility, or ground-up redevelopment to capitalize on San Pedro’s growth. (buyer to verify)
Why This Deal Works: Yes, it’s an SRO under LA RSO—but at $120K/door with a 5.68% cap in a coastal market, this is exceptional value. Comparable beach-adjacent properties trade at 2-3x the price. The recent infrastructure upgrades eliminate major capex concerns, SBA financing lowers the barrier to entry, and San Pedro’s $150M+ waterfront transformation provides a clear path to appreciation. Smart investors recognize that rent-stabilized assets in prime locations offer stability, consistent cash flow, and long-term upside.
Potential SBA FINANCING AVAILABLE — (buyer to Verify and Qualify)
Don’t miss your chance to own a turnkey operation in Southern California’s last affordable beach city—positioned for appreciation as San Pedro’s waterfront renaissance unfolds.
San Pedro, CA | 20 Units | $120,000/Door | 5.68% Cap | 9.68 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: $120,000/door | 5.68% Cap Rate | 9.83 GRM | Proforma: 9.01% Cap & 6.67 GRM
Flexible Use Potential: The building’s layout is well-suited for alternative uses including non-profit supportive housing, transitional housing, Multifamily, sober living facility, or ground-up redevelopment to capitalize on San Pedro’s growth. (buyer to verify)
Why This Deal Works: Yes, it’s an SRO under LA RSO—but at $120K/door with a 5.68% cap in a coastal market, this is exceptional value. Comparable beach-adjacent properties trade at 2-3x the price. The recent infrastructure upgrades eliminate major capex concerns, SBA financing lowers the barrier to entry, and San Pedro’s $150M+ waterfront transformation provides a clear path to appreciation. Smart investors recognize that rent-stabilized assets in prime locations offer stability, consistent cash flow, and long-term upside.
Potential SBA FINANCING AVAILABLE — (buyer to Verify and Qualify)
Don’t miss your chance to own a turnkey operation in Southern California’s last affordable beach city—positioned for appreciation as San Pedro’s waterfront renaissance unfolds.
Property Details
Price:
$2,399,999
MLS #:
RS25277235
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Hotel/Motel
Neighborhood:
185plaza
Listed Date:
Jan 14, 2026
Total Sq Ft:
5,304
Lot Size:
5,005 sqft / 0.11 acres (approx)
Year Built:
1923
Schools
Interior
Laundry Features
IR, IN
Exterior
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
More About JamesMortgage Calculator
Map
Current real estate data for Commercial in San Pedro as of Feb 13, 2026
175
Commercial Listed
78
Avg DOM
291
Avg $ / SqFt
$625,470
Avg List Price
Community
- Address238 W 10th San Pedro CA
- CitySan Pedro
- CountyLos Angeles
- Zip Code90731
Similar Listings Nearby
Property Summary
- 238 W 10th San Pedro CA is a Commercial for sale in San Pedro, CA, 90731. It is listed for $2,399,999 To schedule a showing of MLS#rs25277235 at 238 W 10th in San Pedro, CA, contact your James Outland agent at 8057482262.