Prepare the Tri-Tip: Pat the tri-tip dry with paper towels. In a small bowl, combine the olive oil, melted butter, garlic, salt, pepper, smoked paprika, garlic powder, and onion powder. Rub the mixture evenly over the roast and let it rest at room temperature for about 30 minutes to promote even cooking and better crust development.
Prepare the Chimichurri: While the beef rests, combine the parsley, cilantro, garlic, red wine vinegar, olive oil, red pepper flakes, salt, and pepper in a bowl. Stir until well combined, then set aside to allow the flavors to develop. The chimichurri should taste fresh, bright, herbaceous, and slightly tangy.
Preheat the Grill: Preheat your grill to medium-high heat and lightly oil the grates if needed. Properly heated grates help prevent sticking, improve caramelization, and create better grill marks.
Grill the Tri-Tip: Place the tri-tip on the grill and cook, turning occasionally, until a rich crust forms on the outside. Use an instant-read thermometer to monitor doneness and cook to 130–135°F (54–57°C) for medium-rare. The beef should be smoky, juicy, tender, and beautifully caramelized.
Rest the Beef: Transfer the tri-tip to a cutting board and tent loosely with foil. Let it rest for 10–15 minutes to allow the juices to redistribute throughout the meat.
Slice and Serve: Slice the tri-tip thinly against the grain and arrange it on a serving platter. Spoon the chimichurri generously over the top and finish with a little extra garlic butter if desired. Serve immediately and enjoy the perfect balance of smoky beef, rich garlic butter, fresh herbs, and bright acidity.