$1,899,999
-$300,000238 W 10th, San Pedro CA 90731
Multi-Family (20 Units)
Property type
170 days
On market
$358
Price per sqft
0 cars
Garage
1923
Year built
5,005 sqft
Lot size
Home highlights
Open Houses
Overview
$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...
Listing provided by: Jignesh Patel DRE #01941349 213-453-2572, Sage Real Estate Group Inc
Listing updated: May 12, 2026 at 09:18pm.
Last checked: Jun 5, 2026 at 01:30pm
Source: CRMLS #RS25270178
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 20 | 20 | 6 | — | $20,000 | $20,000 | $30,000 | Furnished |
# of Buildings: 2
# of Units Total: 20
Separate Electric Meters: 1
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
7.8x
List Price / Annual Gross Rent
Cap Rate
7.46%
NOI / List Price
Gross Scheduled Income: $244,092
Operating Expense: $98,108
Net Operating Income: $141,892
Annual Operating Expenses
Cable TV: $7,860
Electric: $9,000
Furniture Replacement: $0
Gardener: $0
Fuel: $3,600
Insurance: $26,000
Licenses: $4,000
New Taxes: $24,320
Pest Control: $1,100
Pool: $0
Professional Management: $0
Supplies: $4,000
Trash: $5,028
Water / Sewer: $9,000
Other Expense: $4,200
Interior
Interior Features: Multiple Staircases
Flooring: Vinyl
Cooling: Wall Window Units
Fireplace: None
Laundry: Laundry Room
Entry Location: Ground
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Roof: Flat
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Water Connected
Garage and Parking
Parking: On Street
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7455024017
Additional Parcels: No
Tax Lot: 18
Tax Block: 56
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 238 W 10th, San Pedro, CA 90731. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,519,999
Total Interest
$1,938,675
Total Payment
$3,458,674
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$11,737
per month
Property History for 238 W 10th
San Pedro Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90731.
Similar Homes
Listings with similar prices to 238 W 10th