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1502 Ocean Dr, Hermosa Beach, CA 90254

List Price: $1,620,000On Market FlagOn market
Jul 29, 20251,986 sqft3 beds2 baths
Listed by: Bill Gross
License #: 01022275
Phone #: 310-210-0008
eXp Realty of California Inc
Source:
CRMLS Logo
MLS #: 25558301

Property Description

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.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$35,520

TurboHome Estimated Value

$1,994,000

$1,004 sqft

High Valuation
$2,093,700
$1054/sqft
Normal Valuation
$1,994,000
$1004/sqft
Low Valuation
$1,894,300
$954/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1004/sqft$1,994,000

Neighborhood

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Comparative Value

$1.62M

$1.95M

$2.02M

$2.10M

$2.35M

$2.48M

1502 Ocean Dr, Hermosa Beach, CA 90254

List Price: $1,620,000

Subject Property

1232 14th St, Hermosa Beach, CA 90254

Sale Price: $1,950,000

Selected Comparable

803 19th St, Hermosa Beach, CA 90254

Sale Price: $2,025,000

Selected Comparable

1204 19th St, Hermosa Beach, CA 90254

Sale Price: $2,100,000

Selected Comparable

1256 Owosso Ave, Hermosa Beach, CA 90254

Sale Price: $2,350,000

Selected Comparable

900 14th St, Hermosa Beach, CA 90254

Sale Price: $2,478,750

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1502 Ocean Dr, Hermosa Beach, CA 90254

1502 Ocean Dr, Hermosa Beach, CA 90254

List: $1,620,000

Listed: 7/29/2025

Area:1,986 sqft
Price/sqft:$816
Beds:3
Baths:2
Year Built:
Lot Size:3,800

Comparable Properties

COMPARABLE
Choose comps
1232 14th St, Hermosa Beach, CA 90254

1232 14th St, Hermosa Beach, CA 90254

Sale: $1,950,000

4/30/20250.19 mi

Area:1,900 sqft
Price/sqft:$1,026
Beds:3
Baths:2
Year Built:
Weight:21.5%
1204 19th St, Hermosa Beach, CA 90254

1204 19th St, Hermosa Beach, CA 90254

Sale: $2,100,000

3/26/20250.25 mi

Area:1,905 sqft
Price/sqft:$1,102
Beds:3
Baths:2
Year Built:
Weight:21.0%
900 14th St, Hermosa Beach, CA 90254

900 14th St, Hermosa Beach, CA 90254

Sale: $2,478,750

5/16/20250.10 mi

Area:1,764 sqft
Price/sqft:$1,405
Beds:3
Baths:2
Year Built:
Weight:21.0%
1256 Owosso Ave, Hermosa Beach, CA 90254

1256 Owosso Ave, Hermosa Beach, CA 90254

Sale: $2,350,000

2/7/20250.13 mi

Area:1,552 sqft
Price/sqft:$1,514
Beds:3
Baths:2
Year Built:
Weight:18.7%
803 19th St, Hermosa Beach, CA 90254

803 19th St, Hermosa Beach, CA 90254

Sale: $2,025,000

9/25/20240.29 mi

Area:2,035 sqft
Price/sqft:$995
Beds:3
Baths:3
Year Built:
Weight:17.9%

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