$3,675,000
Est. $20,580/mo50 10th Street, Hermosa Beach, CA 90254
About this home
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.
infoProperty Facts
Bedrooms
3
Bathrooms
5
Square Feet
2,367
Lot Size
2,849 sqft
Year Built
1922
Property Type
Triplex
Days on Market
1
HOA Fee
N/A
Garage Total
1
MLS #
SB26030402
chairInterior Details
General Interior
Interior Features
Bedroom On Main Level
Kitchen & Appliances
Laundry
Inside, Outside
Bed & Bath
Main Level Bedrooms
2
Main Level Bathrooms
2
garageParking
Total Parking Spaces
3
Garage Spaces
1
Open Parking Spaces
2
Attached Garage
Yes
deckExterior & Lot
Lot & Grounds
Lot Features
Street Level
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Sidewalks
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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