50 10th Street, Hermosa Beach, CA 90254
- 3 beds |
- 5 baths |
- 2,367 sqft
Condominium
Built in 1922
2,849sqft lot
1 car garage
$1,553/sqft
Listed 1 month ago
Property Description
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, cafs, 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.
- Listing Status:
- Active
- Date Added:
- February 9, 2026
- Data Last Updated:
- April 2, 2026 at 2:12PM
- Listing Office:
- Strand Hill Properties : 310-545-0707
- Listing Agent:
- Shawn Dugan : 310-265-3428
- MLS ID:
- SB26030402
- Pool: N/K
- Parking: Parking spaces: 3
- General: 2
- HOA Amenities: 0.0
- Originating MLS: California Regional MLS
- County: Los Angeles
- Zoning: 4187003013
- View: Ocean
- Water: Public
- Sewer: Public Sewer
- Source: California Regional MLS
This listing courtesy of Shawn Dugan , Strand Hill Properties
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Hermosa Valley School
1645 Valley Dr, Hermosa Beach, CA, 90254
Grades 5-8
0.45 miles away
Hermosa Valley School
1645 Valley Dr, Hermosa Beach, CA, 90254
Grades 5-8
0.45 miles away
