50 10th St Hermosa Beach, CA 90254
Estimated payment $20,880/month
Highlights
- Ocean View
- Laundry Room
- Level Lot
- Hermosa Valley Elementary School Rated A
About This Home
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 Agent
Strand Hill Properties Brokerage Email: manonthestrand@gmail.com License #01749343 Listed on: 02/17/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 2,849 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 2 Open Parking Spaces
- 1 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,367 Sq Ft Home
- 2-Story Property
- Ocean Views
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Listing and Financial Details
- Legal Lot and Block 13 / 10
- Assessor Parcel Number 4187003013
- $949 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $116,100
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,560 | $1,998,147 | $1,985,894 | $12,253 |
| 2024 | $21,560 | $1,958,968 | $1,946,955 | $12,013 |
| 2023 | $21,119 | $1,920,558 | $1,908,780 | $11,778 |
| 2022 | $20,741 | $1,882,901 | $1,871,353 | $11,548 |
| 2021 | $20,448 | $1,845,982 | $1,834,660 | $11,322 |
| 2020 | $20,332 | $1,827,054 | $1,815,848 | $11,206 |
| 2019 | $19,916 | $1,791,231 | $1,780,244 | $10,987 |
| 2018 | $19,256 | $1,756,110 | $1,745,338 | $10,772 |
| 2016 | $18,287 | $1,687,919 | $1,677,565 | $10,354 |
| 2015 | $17,800 | $1,662,566 | $1,652,367 | $10,199 |
| 2014 | $17,397 | $1,630,000 | $1,620,000 | $10,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/17/2026 02/17/26 | For Sale | $3,675,000 | +125.5% | $1,553 / Sq Ft | |
| 12/10/2013 12/10/13 | Sold | $1,630,000 | -9.4% | $791 / Sq Ft | View Prior Sale |
| 10/16/2013 10/16/13 | Pending | -- | -- | -- | |
| 08/01/2013 08/01/13 | For Sale | $1,800,000 | -- | $874 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Fidelity - Sherman Oaks | |
| Quit Claim Deed | -- | Fidelity National Title | |
| Grant Deed | $1,630,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Southland Title Company | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | American Coast Title Co Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,950,000 | New Conventional | |
| Previous Owner | $967,000 | New Conventional | |
| Previous Owner | $100,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26036288
APN: 4187-003-013
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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