1502 Palm Drive, Hermosa Beach, CA 90254

Hermosa Beach
Local realty services provided by:ERA North Orange County Real Estate
1502 Palm Drive,Hermosa Beach, CA 90254
$2,149,500
  • 1 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ryan bunke, greg geilman
Office: domo real estate
MLS#:SB26047833
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,149,500

About this home

1 UNIT DELIVERED VACANT! 1502 Palm Drive presents a rare 5-unit value-add multifamily opportunity in an A+ Hermosa Beach location just one block from the Strand and Noble Park. Tucked right around the corner from downtown Hermosa, the property enjoys a 97 Walkers Paradise Walk Score with easy access to some of the areas most popular local spots including the The Comedy & Magic Club, Ryla, and Baja Sharkeez. The property consists of five units totaling approximately 2,088 square feet on a full 30 x 100 lot. The unit mix includes three studio apartments and a detached cottage with a private yard and two 1-bed/1-bath units. Significant upside in rents for an investor looking to renovate and reposition over time. Opportunities to acquire a multifamily asset with this level of walkability and proximity to the beach rarely come to market, making 1502 Palm Drive an ideal option for investors seeking a prime coastal location with clear value-add potential.

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Home facts

  • Listing ID #:SB26047833
  • Added:57 day(s) ago
  • Updated:May 03, 2026 at 02:08 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:4

Structure and exterior

  • Levels:1 Story

Finances and disclosures

  • Price:$2,149,500
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