$ 3,675,000
-
$3,675,000
Price -
5
Bed -
3
Bath -
2,367
SqFt
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About the Listing sb1310590 - SDUGASHA
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 Highlights
Status
Active
Days on Site
43
Property Type
Multi-Family
MLS ®
SB26036288
Year Built
1922
Total Square Footage
2,367
Lot/Acreage
0.07
County
Los Angeles
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Street Level,No Land Lease
- Garage Capacity: 1 car
- Parking Spaces: 3
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4187003013
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
50 10th St Hermosa Beach, CA 90254
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