12/18/2025
🏨 JUST LISTED: The Royal Hotel | San Pedro, CA
Rare 20-unit hotel investment just blocks from the $150M+ West Harbor waterfront development—San Pedro's biggest transformation in decades!
The Deal:
✅ $120,000/door (comps in beach markets trade 2-3x higher)
✅ 5.28% Cap Rate | 10 GRM
✅ Proforma: 6.2% Cap | 7.3 GRM
✅ Potential SBA Financing Available
The Property:
Renovated with new electrical, plumbing, flat roof (2023), and rear staircase (2023). Currently operated as monthly furnished rentals—perfect for students, traveling nurses, and professionals. Each unit includes bed, mini-fridge, flat-screen TV, WiFi, and DirecTV.
The Opportunity:
West Harbor is bringing 150,000+ SF of restaurants & entertainment, a 6,200-seat amphitheater, California's tallest Ferris wheel, and a mile-long waterfront promenade. This property sits in the direct path of San Pedro's renaissance.
Flexible for buyers looking at continued hotel operations, sober living, transitional housing, supportive housing, or long-term redevelopment.
San Pedro is SoCal's last affordable beach city. Don't sleep on this one. 🌊
📩 Message me for more info!
Jack Patel
Senior Investment Broker
Dre:01943149
Sage Real Estate
