1502 Palm Drive, Hermosa Beach, California 90254
- $1,995,000
- $2,149,500
- $1,995,000
- $2,149,500
Overview
- Apartment, Residential Income
- 2.0
- 2088 Sqft
- 1913
Description
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.
Address
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Address: 1502 Palm Drive
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State/county: CA
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Zip/Postal Code: 90254
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Country: US
Details
Updated on July 2, 2026 at 9:25 pm-
Property ID SB26047833
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Price $1,995,000
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Property Size 2088 Sqft
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Land Area 0.0671 Acres
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Garages 2.0
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Year Built 1913
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Property Type Apartment, Residential Income
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Property Status Pending
Additional details
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Listing Terms Cash to New Loan
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Sewer Public Sewer
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Cooling None
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Assigned
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Community Features Biking, Curbs, Street Lights, Sidewalks, Water Sports
Mortgage Calculator
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