58 10th Court

Hermosa Beach, CA 90254

$3,095,000
Price
4
Beds
3
Baths
2,081 Sq. Ft.
$1,487 / Sq. Ft.
2,081
Sq. Ft.
$1,487
per Sq. Ft.

Description

Huge Price Reduction - Motivated Seller! Calling all beach property investors! For sale at a competitive price: 58 10th Ct in Hermosa Beach, a fantastic WALK STREET TRIPLEX just a few steps to the sand. UNIT MIX: (1) 2-bed/1-bath front walkstreet cottage + (2) x 1-bed/1-bath units, stacked at rear. The front home is a charming DETACHED single-level beach cottage, featuring a spacious, private walkstreet patio, and newly renovated kitchen and bathroom ! The rear structure has a brand new roof installed,...Huge Price Reduction - Motivated Seller! Calling all beach property investors! For sale at a competitive price: 58 10th Ct in Hermosa Beach, a fantastic WALK STREET TRIPLEX just a few steps to the sand. UNIT MIX: (1) 2-bed/1-bath front walkstreet cottage + (2) x 1-bed/1-bath units, stacked at rear. The front home is a charming DETACHED single-level beach cottage, featuring a spacious, private walkstreet patio, and newly renovated kitchen and bathroom ! The rear structure has a brand new roof installed, and includes two 1-bedroom apartments and a 1-car garage with access at the 10th Ct alley. The lower rear apartment has a brand new bathroom plus the owner installed in-unit stackable laundry ! There's an additional outdoor/courtyard area between the buildings, with a laundry shed (with new machines!) and more storage under the staircase. This vibrant bohemian property is only a few steps to the sun, surf, sand and the Strand, one lot from shops and restaurants on Hermosa Ave, and a mere 2 blocks south of Hermosa Beach Pier. All three units are currently set up as short-term vacation rentals; furnishings negotiable as part of the sale. Continue running as a furnished investment property, and/or move right in to live the quintessential SoCal Beach Life! Owner will consider carry back/seller financing.
  1. Listed by Alex Smith • DRE #01859768 • Brokerage DRE #01878277 • eXp Realty of California Inc • 4242593830

Property Details for 58 10th Court

Architectural Style
Cottage
View
None
Parking Spaces Total
1
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 10/22/2024 07:14 AM

Property Details for 58 10th Court

StatusActive
MLS #SB24172564
Days on Market80
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built1953
Lot Size0.07 AC / 2,846 SF
CountyLos Angeles County

Virtual Tour

Building Information for 58 10th Court

Stories2Residences-Year Built1953Building Size-Lot Size0.07 AC / 2,846 SF

Property Information for 58 10th Court

Rental Info
Rental Info
  • Tenant Pays: None
Income / Expense / Tax Details
Income Details
  • Gross Income: $151,200
  • Gross Scheduled Income: $201,600
  • Vacancy Allowance Rate: 25
  • Gross Operating Income: $151,200
  • Net Operating Income: $90,436
  • Gross Multiplier: 20.0
  • Cap Rate: 2.7
Expense Details
  • Operating Expense: $60,763
  • New Taxes Expense: $38,687
  • Gardener Expense: $1,080
  • Fuel Expense: $420
  • Electric Expense: $1,800
  • Insurance Expense: $2,500
  • Maintenance Expense: $2,500
  • Professional Management Expense: $12,096
  • Trash Expense: $480
  • Water Sewer Expense: $1,200
  • Total Expenses: $60,763
Tax / Assessment Info
  • Tax Block: 10
  • Tax Tract Number: None
  • Tax Census Tract: 6211.04
  • CFD/Mello-Roos Fee: $878
  • Tax Lot: 24
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Heater
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Range, Gas Stove
  • Interior Features: Ceiling Fan(s)
  • Room Type: Entry, Kitchen, Laundry, Main Floor Bedroom, Primary Bedroom
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Room Bathroom Features: Shower in Tub, Exhaust fan(s), Remodeled, Upgraded, Walk-in shower
  • Bedroom Features: Main Floor Bedroom
  • Room Kitchen Features: Remodeled Kitchen
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Inside, Stackable, Washer Included
  • Laundry Location: Closet Stacked, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
  • Heating Type: Floor Furnace, Wall
  • Heating: Floor Furnace, Wall Furnace
  • Heat Equipment: Floor Furnace, Wall/Gravity
  • Floor Coverings: Carpet, Laminate, Linoleum/Vinyl, Tile
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Virtual Tour URL Branded: https://youtu.be/bSMgIMmIlrE
  • Virtual Tour URL Unbranded: https://youtu.be/KTNzzzYn6zI
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Security: Carbon Monoxide Detectors
  • Exterior Features: Lighting
  • Entry Location: Front door
  • Foundation Details: Slab
  • Structure Type: Triplex
  • Other Structures: Shed(s)
  • Property Condition: Turnkey
  • Miscellaneous: Storm Drains, Suburban
  • View Description: None
  • Patio: Yes
  • Patio: Stone/Tile, Patio
  • Patio And Porch Features: Patio, Stone
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Landscaped, Level, Walkstreet
  • Lease Considered: No
  • Direction Faces: South
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Number Remotes: 2
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Garage, Garage - 1 Car
  • Parking Garage Spaces: 1
  • Parking Garage: Garage, Garage - Single Door
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door
Property / Structure Info
  • Architectural Style: Cottage
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $6,012
  • Unit Type Total Rent: $8,200
  • Unit Type Pro Forma: 9000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,234
  • Unit Type Total Rent: $4,500
  • Unit Type Pro Forma: 4800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,640
  • Unit Type Total Rent: $4,100
  • Unit Type Pro Forma: 4300
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Disposal: 3
  • Number With Patio: 2

Property History for 58 10th Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 58 10th Court

Taxable ValueLand$2,925,000Additions$200,200Total$3,125,200
Tax Record2024$34,049 ($2,837 / month)
Home Facts
Total Finished SqFt2,081 SqFtAbove Grade Finished SqFt2,081 SqFtLot Size2,846 SqFtStyleDuplexYear Built1953ZoningHBR3YYCountyLOS ANGELESAPN4187-003-027

Schools near 58 10th Court

This home is within Hermosa Beach City Elementary School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - K to 2
Private - 6 to 12
Private - PK to 8
Rating
School
Distance
Hermosa Valley Elementary School
Public5 to 8

Hermosa View Elementary School
PublicK to 2

Fusion Academy Sb: South Bay
Private6 to 12

Our Lady Of Guadalupe Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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58 10th Court is a townhouse for sale in Hermosa Beach, CA 90254. This property was listed for sale on August 13, 2024 by eXp Realty of California Inc, it's currently listed at $3,095,000. It has been on the market for a total of 80 days and was last sold on December 14, 2023. This listing's school district is Hermosa Beach City Elementary School District. Nearby schools include Hermosa Valley Elementary School, Hermosa View Elementary School and Fusion Academy Sb: South Bay. 58 10th Court is a 4-bed, 3-bath, 2,081 sqft townhouse built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, Alex Smith, DRE #01859768

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.