Home | Los Angeles County | Hermosa Beach | 90254 | 1502 Palm Dr
MLS: CRSB26047833 | Status: | Price: $2,249,999
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 2,922 | 1913 |
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 “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 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.
| Field | Value |
|---|---|
| MLS # | CRSB26047833 |
| MLS Source | California Regional MLS |
| Days on Site | 47 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Cooling | None |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage: 2 Car(s) |
| Listing Agent | Co-Listing Agent |
|---|---|
| Ryan Bunke | Greg Geilman |
| DOMO Real Estate | |
| License #: 02083042 | License #: 01788567 |
| Phone: (310) 386-1723 | Phone: (310) 251-7725 |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 5 | – |
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This listing information is up-to-date as of April 20, 2026. For the most current information, please contact Ryan Bunke, (310) 386-1723.