$3,675,000

50 10th Street, Hermosa Beach, CA 90254

  • 3 beds |
  • 5 baths |
  • 2,367 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1922
  • Property Lot Size Icon2,849sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $1,553/sqft
  • Property List Date Icon 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
  • A/C: N/K
  • Fireplace: N/K
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hermosa Valley School

1645 Valley Dr, Hermosa Beach, CA, 90254

Grades 5-8

0.45 miles away

H

Hermosa Valley School

1645 Valley Dr, Hermosa Beach, CA, 90254

Grades 5-8

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.