Hermosa Beach Pier Adjacent Value Add 1220 Hermosa Avenue

Building Size: ± 7,930 SF (**)
Land Size: ±8,006 SF (***)
Ownership: Fee Simple (Land & Building)

(*) Apartment B has been left intentionally vacant by Ownership for personal use.
(*) Apartment C was recently vacated. Ownership has elected to keep vacant to provide New Buyer with max flexibility.
(*) Analysis assumes that New Buyer leases Units B & C at market rent in month 2 of hold.
(**) Building SF source = Contractor Building Measurements (April 2023).
(***) Land SF source = public record. Buyer to Verify.