Vagabond Inn San Pedro
Hospitality | 73 Keys
Marketing description
The Vagabond Inn San Pedro presents a compelling investment opportunity in the heart of Los Angeles’ rapidly evolving harbor region. This 73-room limited-service motel is strategically located near the Port of Los Angeles, one of the busiest ports in the world, benefiting from consistent demand driven by port activity, tourism, and regional commerce.
Positioned with excellent visibility and accessibility, the property offers convenient proximity to major transportation corridors, including the I-110 freeway, as well as key demand generators such as the World Cruise Center, Cabrillo Beach, and downtown San Pedro’s waterfront redevelopment. The ongoing revitalization of the San Pedro waterfront, including new dining, entertainment, and mixed-use developments, continues to enhance the area’s long-term growth trajectory.
The asset features a functional layout typical of limited-service motels, allowing for operational efficiency and potential upside through targeted renovations and revenue management strategies. Investors may capitalize on repositioning opportunities, brand conversion, or continued independent operation to unlock additional value.
With strong in-place fundamentals and significant upside potential tied to the area's economic expansion, Vagabond Inn San Pedro is well-positioned for investors seeking stable cash flow with value-add potential in a high-barrier-to-entry coastal Southern California market.
Investment highlights
- Lease Expires in March 2055. Balance 29 Years left on the Ground Lease. Possible Extension. Net Lease rent approximately $ 3,300 Per Month. Email for more details: [email protected]
- Prime San Pedro location near the Port of Los Angeles, a major global trade hub generating consistent lodging demand from port-related business, contractors, and logistics activity.
- 73-room limited-service asset with efficient layout, offering operational simplicity and lower staffing requirements compared to full-service hotels.
- Proximity to key demand drivers including the World Cruise Center, Cabrillo Beach, downtown San Pedro, and ongoing waterfront redevelopment projects.
- Strong accessibility via I-110 freeway, providing direct connectivity to Downtown Los Angeles and the greater South Bay market.
- Value-add opportunity through interior renovations, exterior upgrades, and repositioning to increase ADR and overall RevPAR performance.
- Potential for brand conversion or franchise affiliation to enhance visibility, reservation systems, and revenue growth.
- Located in a high-barrier-to-entry coastal Southern California submarket with limited new hotel supply.
- Beneficiary of long-term San Pedro waterfront revitalization, including new dining, retail, and entertainment developments driving tourism and foot traffic.
- Diverse demand mix including port-related business, leisure travelers, cruise passengers, and regional workforce lodging.
- Opportunity to capitalize on Southern California’s resilient hospitality market with both in-place income and upside potential.
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