YES there are 2+ income producing units currently available in Hermosa Beach, from as low as $1,250,000 to $4,149,000 (with a 5.27 cap rate). Hermosa is a great investment/rental area.
If I can be of assistance to you in your search, please contact me anytime at (310) 544-8453.
and this beach town is a very good choice for investors.
There are a few income properties in Hermosa Beach, but I warn you, they're not cheap. Hermosa is a small city about 1 mile long. The beaches are gorgeous and well maintained. There are several celebrities living here, where price is not an option. I think you get the point. I've lived in Hermosa since the 1980's and wouldn't live anywhere else. Click this link and you can see the available units (2-4) in Hermosa.
Good luck, Brian firstname.lastname@example.org