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1502 Palm Drive, Hermosa Beach, CA 90254

Hermosa Beach
Local realty services provided by:CENTURY 21 Masters
1502 Palm Drive,Hermosa Beach, CA 90254
$2,005,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: ryan bunke
Office: domo real estate
MLS#:SB26047833
Source:MLSListings

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Price summary

  • Price:$2,005,000

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.

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Home facts

  • Year built:1913
  • Listing ID #:SB26047833
  • Added:136 day(s) ago
  • Updated:July 24, 2026 at 06:37 AM

Structure and exterior

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

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$2,005,000

Parking

  • Parking description:Assigned Spaces
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