1502 Palm Drive, Hermosa Beach, CA

About 1502 Palm Drive

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 Walkers Paradise Walk Score with easy access to some of the areas 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.

Listing Map