Just Reduce by $200,000!! The Royal Hotel presents a rare opportunity to acquire a 20-unit SRO property in Downtown San Pedro, located steps from the $150M West Harbor waterfront redevelopment. This transforming coastal submarket offers investors immediate income with strong value-add upside through lease-up and operational improvements. Ownership has completed significant capital improvements, including a full electrical and plumbing upgrade (2018), new roof (2023), and new exterior metal staircase (2023). Interiors feature LVP flooring, fresh paint, furnished units with mini-fridge and TV, and renovated shared bathrooms. All utilities are included in rent, simplifying operations and supporting strong tenant demand. The property benefits from proximity to major economic drivers, including the Port of Los Angeles, the World Cruise Center, and the upcoming West Harbor waterfront development, which will add 42 acres of restaurants, retail, entertainment, and public promenade. With limited SRO inventory, strong workforce housing demand, and high barriers to entry, The Royal Hotel offers investors cash flow, value-add potential, and long-term appreciation in one of Southern California’s fastest-growing waterfront markets.