217-229 PACIFIC COAST HIGHWAY Hermosa Beach, CA 90254

JAMES K. STANFILL, President FOR SALE Tel: 310.625.1132 | Bre #: 01113910 217-229 PACIFIC COAST HIGHWAY Hermosa Beach, CA 90254

Approx. 2018 Net Operating Income: $208,700 APN Numbers: 4188-028-031 and 4188-028-032 Zoned C3 4,873 8,276 sq ft land size SIX LEASED RETAIL SPACES: 217 - 1245 s.f. • The Frame Store 219/221 - 1930 s.f. • Amirian Home 225- 575 s.f. • Luxe Gold & Diamonds 227 - 550 s.f. • HiFi Espresso 229 - 573 s.f. • A Cultured Slice

Parking: 12 assigned spaces directly behind property along with non metered city spaces behind assigned spaces and street parking in front. Dynamic, "Up and Coming" Retail Location

Hermosa Beach is featured as one of the top 10 beaches in the United States on the Travel Channel. Hermosa Beach, known as “The Little Gem by the Sea”, has something for everyone. The surf, sand and palms welcome visitors and residents year round. This intimate sun drenched beachside village combines a spectacular coastline, wide sandy beach, a century old rich history, specialty shops, restaurants and lively festivals - long a favorite with Californians.

Hermosa Beach is located in the South Bay of Los Angeles nestled in between affluent Manhattan Beach to its north and vibrant Redondo Beach to its south. The city is popular for its beach volleyball, surfing, sunbathing, paddle boarding, restaurants and great weather. The average temperature is 70°F (22°C) in the summertime and 55°F (13°C) in winter. Westerly sea breezes ease occasional high summertime temps in the Los Angeles area and help to keep smog away. Hermosa averages 325 days of sunshine per year.

The population is approximately 19,789 with an average household income of $155,163. Manhattan Beach has an average income of $217,703 and Redondo Beach has an average income of $126,671. FEATURES: • Pride of ownership retail opportunity in affluent South Bay of Los Angeles. • Beautiful architectural building renovation. • 100% Leased Every tenant pays all NNN costs and has annual increases. • Most abundant parking in the South Hermosa retail corridor. Reserved parking spaces, non metered city parking lot directly behind the building and plenty of non metered street parking. • New: front and rear facade, glass storefronts, handicapped bathrooms, skylights in every space, HVAC system for each space, electrical panels, sprinkler fire suppression system, roof and rear doors leading to resurfaced parking lot.

• Great visibility on Pacific Coast Highway. • High visibility signage on PCH with incredible traffic counts. • Renovation completed with high end finishes that present well with customers, providing excellent visibility. This is a pride of ownership investment built with higher end construction techniques and materials that cost more than traditional inline strip centers.

• Turn key investment with long term leases. FLOOR PLAN

217 219 221 225 227 229 1245 ft² 1930 ft² 575 ft² 550 ft² 573 ft²

The Frame Amirian Luxe Gold HiFi A Cultured Store Home & Diamonds Espresso Slice 217-229 PACIFIC COAST HIGHWAY AERIAL VIEW Hermosa Beach, CA 90254

217-229217-229 PCHPCH

JAMES K. STANFILL, President Tel: 310.625.1132 | Bre #: 01113910 LOS ANGELES COUNTY TOP ATTRACTIONS • Today, metro Los Angeles is the nation's largest manufacturing area, and the • Goodyear Blimp site • Santa Monica Pier ports of Los Angeles and Long Beach are second only to New York as the • Stub Hub Center • Olvera Street largest customs district in the United States, and the distribution hub of the • Porsche Experience Center • Hollywood Bowl west coast and a gateway to Asia. • The Links at Victoria • Queen Mary • Carson Stadium (Opening 2020) • Ahmanson Theatre • Located on the southern coast of , Los Angeles County covers • The Hollywood Museum • Dodger Stadium 4,084 square miles and includes San Clemente and Santa Catalina islands. • Aquarium of the Pacific • Cathedral of Our Lady The county is comprised of approximately 88 vibrant and diverse cities hosting • Universal Studios of the Angels more than 244,000 business establishments—the highest concentration in the • Los Angeles Zoo • Pantages Theatre state. • Six Flags Magic Mountain • Dolby Theatre • Griffith Observatory • LA Live • The city's expansive metropolitan area is the second-largest in the country, • Six Flags Hurricane Harbor • Microsoft Theater with over 18,000,000 people spread over a land area the size of Maine. Thirty • Staples Center • Mark Taper Forum of LA's suburbs have populations of 80,000 or more. Los Angeles is very • Getty Center • Dorothy Chandler Pavilion diverse, with people from over 140 countries and the largest Latin-American • Walt Disney Concert Hall • Pantages Theater and Asian-American populations of any US city. • TCL Chinese Theatre • Great Wolfe Lodge

• The Area consists of a five county regions, which include Los Angeles County, Orange County, Riverside County, San Bernadino TOP RETAIL SPOTS County and Ventura County. • Rodeo Drive • Throughout recent decades, Los Angeles County has developed a diverse • LA Live • Santee Alley economic base, supported by a number of Fortune 500 companies with • 3rd Street Promenade • headquarters in the area, including Walt Disney, Dole Food Company, Health • Universal City Walk • Net, DirecTV Group, Mattel and many others. • The Grove • The • Citadel Outlets • Westside Pavilion • Los Angeles County has a Gross Domestic Product (GDP) of approximately • • Galleria Mall $544 billion, placing it among the top 20 economies in the world—higher than • Hollywood & Highland Mall • Switzerland, Sweden and Saudi Arabia. DISCLAIMER This Memorandum contains select information pertaining to the Property and the Owner, and does not purport to be all-inclusive or contain all or part of the information which prospective investors may require to evaluate a purchase of the Property. The information contained in this Memorandum has been obtained from sources believed to be reliable, but has not been verified for accuracy, completeness, or fitness for any particular purpose. All information is presented “as is” without representation or warranty of any kind. Such information includes estimates based on forward- looking assumptions relating to the general economy, market conditions, competition and other factors which are subject to uncertainty and may not represent the current or future performance of the Property. All references to acreages, square footages, and other measurements are approximations. This Memorandum describes certain documents, including leases and other materials, in summary form. These summaries may not be complete nor accurate descriptions of the full agreements referenced. Additional information and an opportunity to inspect the Property may be made available to qualified prospective purchasers. You are advised to independently verify the accuracy and completeness of all summaries and information contained herein, to consult with independent legal and financial advisors, and carefully investigate the economics of this transaction and Property’s suitability for your needs. ANY RELIANCE ON THE CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK.

The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions at any time with or without notice to you. All offers, counteroffers, and negotiations shall be non-binding and neither Bluewater Realty Advisors, Inc. nor the Owner shall have any legal commitment or obligation except as set forth in a fully executed, definitive purchase and sale agreement delivered by the Owner.

Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

JAMES K. STANFILL, President Tel: 310.625.1132 | Bre #: 01113910