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50 10th Street, Hermosa Beach, CA 90254

$3,675,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Shawn Dugan | manonthestrand@gmail.com
Lic#: 01749343
Broker: Courtesy of Strand Hill Properties
Phone: 310-265-3428

Agent Remarks

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.

Listing Details

Property type: Triplex (Multi-Family)

Status: Active

MLS# SB26036288

Price: $3,675,000

Beds: 0

Baths: 0

Built in 1922

2 stories

0.07 acres

Lot size: 0.0654

County: Los Angeles

Lot description: Street Level

MLS area: 148 - Hermosa Bch Sand

Last Updated: 6/11/2026

Days On Market (DOM): 122

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This listing belongs to the 148 - Hermosa Bch Sand MLS area

Lat/Long: 33.860393, -118.400190.
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Source: CRM. Also Available in SB26030402,

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