50 10th Street
Hermosa Beach, CA, 90254
$3,675,000
MLS: SB26030402
Beds
3
Baths
5
Sq Ft
2,367
Lot
0.07 ac
Year Built
1922
MLS #
SB26030402
Days on Market
1
Listed
Feb 18, 2026
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.
Location
Hermosa Beach, Los Angeles County, CA 90254
Open on Google Maps ↗Listed by: Shawn Dugan · Strand Hill Properties
Payment estimate
$25,828
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $367,500 · Loan: $3,307,500
- Principal & Interest
- $20,322
- Property tax (1.25%)
- $3,828
- Homeowners insurance
- $300
- Mortgage insurance
- $1,378
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Hermosa Beach home with as little as 3.5% down using an FHA loan — roughly $128,625 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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