50 10th Street, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 3 bed, 5 bath

50 10th Street
Hermosa Beach, California 90254
Property Price
SUMMARY
Analysis of 50 10th Street, Hermosa Beach, California 90254 is currently available with a list price of $3,675,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Hermosa Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1922, this triplex is a well-maintained but aged income property that shows signs of being outdated. While functional and currently generating revenue, the listing suggests updating units to capture rental upside or exploring future development, indicating that the kitchens, bathrooms, and major systems are likely older and do not meet modern luxury standards. It fits the 'fair' criteria as a century-old structure maintained through regular upkeep but lacking recent comprehensive renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2367, other record living area = 2013. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
About 50 10th Street
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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1922
- Lot Size
- 2,849 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Hermosa Beach Unified Schools
Hermosa View Elementary School
Grades K-3 • 0.8 mi
Opal Robinson Elementary School
Grades K-5 • 1.3 mi
Hermosa Valley Elementary School
Grades 4-8 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | - | 78% |
| Baths | 5.0 | - | 89% |
| Square foot | 2,367 | 2,148 | 56% |
| Lot Size | 2,849 | 2,849 | 50% |
| Price | $3.67M | $2.50M | 78% |
| Price per sq ft | $1.6K | $1.2K | 89% |
| Built year | 1922 | 1954 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 268 | 11% |
Pricing History
Listed for Sale
Feb 18, 2026
$3,675,000
Initial Listing
Sold
Dec 10, 2013
$1,630,000
Public Record















