Property Details
About this Property
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 four studio apartments and one 2-bedroom, 1-bath detached cottage with its own private yard - an uncommon amenity this close to the beach. 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.
MLS Listing Information
MLS #
CRSB26047833
MLS Source
California Regional MLS
Days on Site
4
Interior Features
Appliances
Other
Cooling
None
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 2 Car(s)
Contact Information
Listing Agent
Ryan Bunke
DOMO Real Estate
License #: 02083042
Phone: (310) 386-1723
Co-Listing Agent
Greg Geilman
License #: 01788567
Phone: (310) 251-7725
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 5 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1502 Palm Dr is a Residential Income in Hermosa Beach, CA 90254. This – square foot property sits on a 2,922 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,250,000 and was built in 1913. This address can also be written as 1502 Palm Dr, Hermosa Beach, CA 90254.
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This listing information is up-to-date as of March 06, 2026. For the most current information, please contact Ryan Bunke, (310) 386-1723
