1502 Palm Dr | Image 1
New
1502 Palm Dr | Image 2
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1502 Palm Dr | Image 4

$2,250,000

For Sale

17 hours ago

1502 Palm Dr, Hermosa Beach, CA

Condo

MLS® SB26047833

0 Bed

0 Bath

--

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees $2,158
Taxes 
Days Active 0
Approx. Age 1913
MLS® Number SB26047833

Property Address: 1502 Palm Dr, Hermosa Beach, CA, 90254-3652

Average square foot calculated using Size range provided by listing agent.

Description

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® NumberSB26047833
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelInside
Exposure
Exterior
GarageYes
Approx. Age1913
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 6, 2026List Date
$2,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
1502 Palm Dr, Hermosa Beach, CA

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