This ±4,320 SF mixed-use property (retail/multifamily) features in-place income via three (3) recently remodeled 2nd floor apartment units (see Property Description section for unit breakdown) in the extremely low vacancy/supply constrained South Bay market of Hermosa Beach. The multifamily vacancy rate in the Beach Cities is routinely amongst the lowest of all Southern California submarkets. The property’s use mix creates tremendous intrinsic value and long-term stability. In addition, the opportunity presents an ideal opportunity for either an Owner/User or Value-Add Investor through the ±2,260 SF ground floor retail suite which is available for occupancy at close of escrow. The suite was recently renovated and includes an ADA bathroom, new HVAC, plumbing, electrical, water heater and a small warehouse area with roll-up door. The suite was most recently improved as a specialty (higher end) meat & wine market. All apartments were fully renovated within the last few years.