1502 Palm DR Hermosa Beach, CA 90254
2,922 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26047833
HOA Y/N No
Year Built 1913
Lot Size 2,922 Sqft
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area 148 - Hermosa Bch Sand
Interior
Cooling None
Fireplace No
Laundry Inside
Exterior
Parking Features Assigned
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Street Lights, Sidewalks, Water Sports
Total Parking Spaces 2
Private Pool No
Building
Lot Description Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4183013075
Energy Description 602.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
