$1,620,000
PENDING

1502 Ocean Dr Hermosa Beach, CA 90254

Estimated payment $8,803/month

Total Views 2,789
3 Beds
2 Baths
1,986 Sq Ft
$816 Price per Sq Ft

Highlights

  • Fireplace
  • Laundry Room
  • 5-minute walk to Sea View Parkette
  • Hermosa View Elementary School Rated A

About This Home

Nestled just steps from the shimmering Pacific shoreline, 1502 Ocean Drive presents an exceptional opportunity to own a rare duplex in one of Hermosa Beach's most coveted coastal enclaves. Built in 1932 and retaining its timeless charm, this 1,986 sq ft residence is situated on a 3,797 sq ft lot zoned HBR1YY, offering incredible flexibility for both investors and owner-users alike. Front unit has ocean views from the 2nd floor! Each of the two units in this well-maintained duplex features classic California beach character, including spacious living areas, natural light-filled interiors, and the relaxed elegance that defines South Bay coastal living. Both upstairs and downstairs have laundry rooms; upstairs has a fireplace. Upstairs has two bedrooms, one bath, living room, dining room and kitchen. The property is ideally located within easy reach of the Strand, the sand, boutique shops, popular dining destinations, and top-rated schools in the Hermosa Beach City School District. Whether you're seeking to enjoy income-producing potential, a multi-generational living arrangement, or a prime redevelopment opportunity, this property offers limitless possibilities. Don't miss the chance to experience coastal living at its finest where sun, surf, and lifestyle converge.

Listing Agent

Bill Gross

eXp Realty of California Inc License #01022275 Listed on: 07/29/2025

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,062

Year Built

  • Built in 1932

Lot Details

  • 3,797 Sq Ft Lot

Parking

  • Driveway

Interior Spaces

  • 1,986 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4185-009-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,062

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Nestled just steps from the shimmering Pacific shoreline, 1502 Ocean Drive presents an exceptional opportunity to own a rare duplex in one of Hermosa Beach's most coveted coastal enclaves. Built in 1932 and retaining its timeless charm, this 1,986 sq ft residence is situated on a 3,797 sq ft lot zoned HBR1YY, offering incredible flexibility for both investors and owner-users alike. Front unit has ocean views from the 2nd floor! Each of the two units in this well-maintained duplex features classic California beach character, including spacious living areas, natural light-filled interiors, and the relaxed elegance that defines South Bay coastal living. Both upstairs and downstairs have laundry rooms; upstairs has a fireplace. Upstairs has two bedrooms, one bath, living room, dining room and kitchen. The property is ideally located within easy reach of the Strand, the sand, boutique shops
  • Living Area: 1986
  • Lot Acreage: 0.0872
  • Probate: Yes
  • Year Built: 1932
  • Number Of Photos: 55
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 815.71

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway

Lot Info

  • Assessed Improvement Percent: 33.83
  • Assessed Improvement Value: 46858
  • Assessed Land Percent: 66.17
  • Assessed Land Value: 91637
  • Total Assessed Value: 138495
  • Assessor Parcel Number: 4185-009-006
  • Lot Size Area: 3797

Rental Info

  • Court Approve: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 25.00
  • Number Of Units: 2
  • Total Annual Expense: 4599
  • Type Of Units: 2/1 and 1/1
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,062 $141,264 $93,469 $47,795
2024 $2,062 $138,495 $91,637 $46,858
2023 $2,032 $135,781 $89,841 $45,940
2022 $1,997 $133,120 $88,080 $45,040
2021 $2,026 $130,510 $86,353 $44,157
2019 $1,981 $126,642 $83,793 $42,849
2018 $1,867 $124,159 $82,150 $42,009
2016 $1,764 $119,340 $78,961 $40,379
2015 $1,735 $117,548 $77,775 $39,773
2014 $1,586 $115,246 $76,252 $38,994
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Pending -- -- --
07/29/2025 07/29/25 For Sale $1,620,000 -- $816 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $300,000 Construction
Source: Public Records

Source: The MLS

MLS Number: 25558301

The MLS

APN: 4185-009-006