1502 Palm Drive, Hermosa Beach, CA 90254

Hermosa Beach
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1502 Palm Drive,Hermosa Beach, CA 90254
$1,995,000
  • 2 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: ryan bunke, greg geilman
Office: domo real estate
MLS#:SB26047833
Source:San Diego MLS via CRMLS

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 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 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

  • Listing ID #:SB26047833
  • Added:125 day(s) ago
  • Updated:July 10, 2026 at 09:04 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:4

Structure and exterior

  • Levels:1 Story

Finances and disclosures

  • Price:$1,995,000
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