Millman Team Real Estate

$3,675,000
3 Bed
5 Bath
2,367 Sqft
0.07 Acre Lot

50 10th Street, Hermosa Beach, California 90254

  • Residential Property Type
  • 2,367 Sqft Square Footage
  • 1922 Year Built
Property 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.

Basic Details
Residential
For Sale
SB26030402
$3,675,000
Ocean
3
5
2,367 Sqft
1922
0.07 Acre
Active
5
Triplex
Features
: None
: None
: None
: Bedroom on Main Level
: Inside, Outside
: Public Sewer
$0
Address Map
CA
Los Angeles
Hermosa Beach
90254
10th
50
Street
W119° 35' 59.3''
N33° 51' 37.4''
Hermosa Ave to 10th St
148 - Hermosa Bch Sand
Neighborhood
Manhattan Unified
Additional Information
$0
$0
$0
$0
$0
1
: Sidewalks
1
1.0
: Two
: Street Level
3
2026-02-18
2
2
: Public
Broker/Agent Information
Strand Hill Properties
Shawn Dugan
Listing Information
SDUGASHA
sb1310590
Conventional
Active
2026-02-19T16:54:21Z
CRMLS
: Standard
2026-02-18T14:55:17Z
Agent info
Ray Millman
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