50 10th Street, Hermosa Beach, CA 90254
Local realty services provided by:ERA North Orange County Real Estate
50 10th Street,Hermosa Beach, CA 90254
$3,675,000
- 3 Beds
- 5 Baths
- 2,367 sq. ft.
- Multi-family
- Active
Listed by: shawn dugan
Office: strand hill properties
MLS#:SB26030402
Source:CAREIL
Price summary
- Price:$3,675,000
- Price per sq. ft.:$1,552.6
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....
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Home facts
- Year built:1922
- Listing ID #:SB26030402
- Added:92 day(s) ago
- Updated:May 22, 2026 at 04:38 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:5
- Full bathrooms:5
- Bedroom Description:Ground Floor Bedroom
- Living area:2,367 sq. ft.
Structure and exterior
- Year built:1922
- Building area:2,367 sq. ft.
- Lot area:0.07 Acres
- Lot Features:Level, Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$3,675,000
- Price per sq. ft.:$1,552.6
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