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About This Home

This 3-bedroom, 5-bathroom multi-family at 50 10th Street in Hermosa Beach, CA is listed for $3,675,000 ($1,553 per sqft). Built in 1922, the home offers 2,367 sqft of living space on a 0.07 acres lot.

Agent 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.

Key Features

  • Built in 1922
  • 0.07 acre lot
  • 2 stories
  • 3 parking spaces

Property Details

2 stories
5 full
3 spaces
1922

Amenities

View

Monthly Cost Estimate

$19,655/mo

20% down · 6.5% · 30 years

Principal$2,658
Interest$15,925
Insurance$1,072

Estimates only. Actual payments may vary.

Location

50 10th Street

Hermosa Beach, CA 90254

Features & Amenities

Exterior Features

Community Features Included: SidewalksLevel With Street

Property Details

Views

Ocean

Cooling

None (Cooling)

Questions & Answers

This 3-bedroom, 5-bathroom multi-family at 50 10th Street is listed at $3,675,000 ($1,553/sqft). The estimated monthly payment is $15,925 based on 20% down at 6.5% interest.

Key features include: Built in 1922, 0.07 acre lot, 2 stories, 3 parking spaces. Exterior Features: Community Features Included: Sidewalks, Level With Street.

This property is listed by Shawn Dugan and can be reached at 3102653428 or manonthestrand@gmail.com.

SD

Shawn Dugan

Agent at Strand Hill Properties

(310) 265-3428

Listed by Strand Hill Properties · View on Broker Site

MLS# SB26030402· Source: listhub· Updated 103 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

50 10th Street, Hermosa Beach, CA 90254

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