Rare investment opportunity - own a Mixed Use Residential/Commercial Space in Old World Village - famously known for Oktoberfest. It's like going to Europe without the plane ticket and is conveniently situated within a bustling business area of Huntington Beach. Surrounding landmarks include Bella Terra, Costco, Goldenwest College, popular restaurants and the 405 and 22 freeways. This one-of-a-kind destination is known for its speciality stores, cobblestone streets, and year round events that attract many visitors. A downstairs unit houses a commercial space, with a highly successful long term tenant in place. The upstairs apartment is approx. 1,000 sf and has an updated kitchen, 2 bedrooms and 2 updated bathrooms. Refrigerator, washer and dryer are included. This unit is also occupied by a long term tenant for consistent income. Don't miss the large private patio and detached one-car garage that come with the property as well. A notable advantage is that the commercial space has been fully modified and has been permitted for food and beverage service. Low HOA dues and no land lease! This unique offering is an ideal income property and investment for anyone seeking appreciation and versatility. Since these units don't become available often, it is sure to move fast. Schedule a tour today.