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
$1,995,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ryan bunke
Office: domo real estate
MLS#:SB26047833
Source:MLSListings

Price summary

  • Price:$1,995,000

About this home

1 UNIT DELIVERED VACANT! 1502 Palm Drive presents a rare 4-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 “Walker’s Paradise” Walk Score with easy access to some of the area’s most popular local spots including the The Comedy & Magic Club, Ryla, and Baja Sharkeez. The property consists of four units totaling approximately 2,088 square feet on a full 30’ x 100’ lot. The unit mix includes two 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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1913
  • Listing ID #:SB26047833
  • Added:114 day(s) ago
  • Updated:July 01, 2026 at 04:22 PM

Structure and exterior

  • Year built:1913
  • Lot area:0.07 Acres
  • Lot Features:Mid Block
  • Levels:1 Story

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,995,000

Parking

  • Parking description:Assigned Spaces
MLS LogoThe information being provided by Mlslistings Inc is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Mlslistings Inc. ERA North Orange County Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA North Orange County Real Estate, a broker participant of Mlslistings Inc. 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. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Mlslistings Inc and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Mlslistings Inc. All rights reserved.

New listings near 1502 Palm Drive