50 10th St

Hermosa Beach CA 90254

2367 sq. ft.

2849 sq. ft.

Duplex

Currently for sale - view listing

Overview

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.

Features

3 bedrooms

5 bathrooms

3 carspaces

2 open car spaces

1 garage space

2367 sq. ft. floor area

2849 sq. ft. lot size

Duplex

Property history for 50 10th St

2013

Sold

Undisclosed

10 Dec 2013

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