For Sale
50 10th Street
50 10th Street, Hermosa Beach, CA 90254
50 10th Street, Hermosa Beach, CA 90254
50 10th Street, Hermosa Beach
Triplex | 3 Bedrooms | 5 Bathrooms | 2,749 sq. ft. Lot
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, cafes, 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.
"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."
– Shawn Dugan
Whether you are purchasing your first home or moving up to your dream property, selling a starter home or an heirloom luxury estate, I make sure no detail is overlooked in helping you reach your goals.