Triplex for sale in Southern California — $3,675,000. 3 beds · 5 baths · 2,367 sqft. 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…
$3,675,000
50 10th Street, Hermosa Beach, CA 90254
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 updated: May 6, 2026 at 6:22 PM
Listed by: Shawn Dugan, Strand Hill Properties
Source: CRMLS, MLS#: SB26030402, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
2/18/2026 Source: CRMLS, #SB26030402 | Listed for sale | $3,675,000$1553/sqft |
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