$2,250,000
1502 Palm DR
Hermosa Beach, CA, 90254
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.
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.
Property Details
Price:
$2,250,000
MLS #:
SB26047833
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
148hermosabchsand
Listed Date:
Mar 26, 2026
Total Sq Ft:
2,088
Lot Size:
2,922 sqft / 0.07 acres (approx)
Year Built:
1913
Schools
Interior
Cooling
NO
Laundry Features
IN
Levels
A
Exterior
Common Walls
NCW
Community Features
SDW, SL, CRB, WATE, BIKI
Garage Spaces
2
Parking Spots
2
Parking Total
2
Financial
Maintenance Fee
$2,158
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Map
Current real estate data for Single Family in Hermosa Beach as of Apr 08, 2026
90
Single Family Listed
63
Avg DOM
679
Avg $ / SqFt
$2,312,455
Avg List Price
Community
- Address1502 Palm DR Hermosa Beach CA
- CityHermosa Beach
- CountyLos Angeles
- Zip Code90254
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Property Summary
- 1502 Palm DR Hermosa Beach CA is a Single Family for sale in Hermosa Beach, CA, 90254. It is listed for $2,250,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1913. The average price per square foot for Single Family listings in Hermosa Beach is $679. The average listing price for Single Family in Hermosa Beach is $2,312,455. To schedule a showing of MLS#sb26047833 at 1502 Palm DR in Hermosa Beach, CA, contact your James Outland agent at 8057482262.
Courtesy of DOMO Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1502 Palm DR
Hermosa Beach, CA