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.