Gangland violence and a looming bankruptcy had already taken the shine off the once glamourous Hollywood hangout of Acapulco, Mexico.

Now recent catastrophic flooding is delivering another potentially devastating blow to the city.

Once a playground for the rich and famous, by 2012 Acapulco had become the murder capital of Mexico, mired in a cycle of brutal slayings, kidnappings and extortion as drug gangs battling for control.

Recently two tropical storms swamped the city.

Roads were closed and the tourist-dependent city is now on the brink.

Some lost just about everything.

(SOUNDBITE) (Spanish) RESIDENT, VICTOR GARCIA, SAYING:

"Cooker, refrigerator, oven, kitchen, bedrooms mattresses, bookshelves, television and everything was ruined."

The city's mayor Luis Walton can offer little more than hope.

(SOUNDBITE) (Spanish) ACAPULCO MAYOR LUIS WALTON, SAYING:

"The city of Acapulco doesn't have the economic means to sort this out. We can't. The federation and the state government have to do that."

Despite the flooding, the crime, and the setbacks, residents insist the city's glory days are not over.