Located in the heart of Hermosa Beach, just steps from the sand and moments from Pier Avenue, this well-situated triplex offers a rare opportunity to own a full-lot income property in one of the most walkable coastal pockets in the South Bay. The property consists of two 2-bedroom / 1-bath units and one 1-bedroom / 1-bath unit, all positioned on an oversized lot in a premier beach-close location.
With immediate access to the beach, Pier Avenue dining, shops, cafés, and the Hermosa Beach pier, this is a true lifestyle location that consistently drives strong tenant demand. On a pro forma basis, the property offers an estimated 3.50% cap rate and 18.6 GRM, reflecting both income upside and long-term land value.
The property presents multiple paths forward – hold as-is, update units to capture upside in rents, or explore future development potential. A compelling opportunity for investors or end users seeking long-term value in a blue-chip Hermosa Beach location where proximity, walkability, and land scarcity remain irreplaceable.
- Pool:
- No
- View:
- Pier
- Parking:
- 8.00
- New Construction YN:
- 0
- Laundry:
- Dryer Included, Common Area
- Sewer:
- Public Sewer
- Common Walls:
- No Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SDUGASHA
- Water Source:
- Public
- Lot Features:
- Level With Street
- Community Features:
- Sidewalks
- Stories:
- 2
- Entry Level:
- 1
- Entry Location:
- Main floor
- Street:
- 10th
- Street Number:
- 50
- Street Suffix:
- Street
- Floor Number:
- 0
- Longitude:
- W119° 35' 59.3''
- Latitude:
- N33° 51' 37.4''
- Listing Courtesy of:
- Strand Hill Properties
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 1
- Lot Size Square Feet:
- 2,849 Sqft
- List Agent Last Name:
- Dugan
- List Agent License Number:
- 01749343
- Special Listing Conditions:
- Standard
- List Office ID:
- sb1310590
- List Agent First Name:
- Shawn
- Directions:
- Hermosa Ave to 10th St
- MLSAreaMajor:
- 148 - Hermosa Bch Sand
- Levels:
- Two
- Parcel Number:
- 4187003013
- List Agent License Number:
- 01968431
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
50 10th Street, Hermosa Beach, California 90254
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- SB26036288
- List Price :
- $3,675,000
- Year Built :
- 1922
- Lot Area :
- 0.07 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Hermosa Beach
- Zipcode:
- 90254
- Status :
- Active
- Property Type :
- Triplex
- Price Per Square Foot :
- $1,553
- Days on Market :
- 79
