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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$3,675,000

Est. payment - /mo

2,848 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26036288

HOA Y/N No

Year Built 1922

Lot Size 2,848 Sqft

Property Sub-Type Triplex

Property 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

State CA

County Los Angeles

Area 148 - Hermosa Bch Sand

Interior

Fireplace No

Laundry Inside, Outside

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Sidewalks

View Y/N Yes

View Ocean

Total Parking Spaces 3

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4187003013

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by Shawn Dugan Strand Hill Properties manonthestrand@gmail.com, DRE #01749343

NEARBY SCHOOL & BUSINESS

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50 10th ST Hermosa Beach, CA 90254