50 10th Street, Hermosa Beach, CA, US, 90254
50 10th Street, Hermosa Beach, CA, US, 90254Basics
- Date added: Added 2 months ago
- Category: Residential
- Type: Triplex
- Status: Active
- Bedrooms: 3
- Bathrooms: 5
- Area: 2367 sq ft
- Lot size: 2849, 2849 sq ft
- Year built: 1922
- View: Ocean
- County: Los Angeles
- MLS ID: SB26030402
Description
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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, 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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Location
- Directions: Hermosa Ave to 10th St
- Lot Size Acres: 0.0654 acres
Building Details
- Structure Type: Triplex
- Water Source: Public
- Lot Features: StreetLevel
- Open Parking Spaces: 2
- Sewer: PublicSewer
- Common Walls: NoCommonWalls
- Garage Spaces: 1
- Levels: Two
Amenities & Features
- Pool Features: None
- Parking Total: 3
- Cooling: None
- Fireplace Features: None
- Interior Features: BedroomOnMainLevel
- Laundry Features: Inside,Outside
Nearby Schools
- High School District: Manhattan Unified
Expenses, Fees & Taxes
- Association Fee: 0
Agent info
- Agent name: Shawn Dugan
- Agent MLS: SDUGASHA
- Agent email: manonthestrand@gmail.com
- Agent officephone: 310-545-0707
- Agent direct phone: 310-265-3428
Miscellaneous
- List Office Name: Strand Hill Properties
- Listing Terms: Conventional
- Common Interest: None
- Community Features: Sidewalks
- Attribution Contact: manonthestrand@gmail.com