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Home Commercial Hermosa Beach Two-Parcel Jewel Sells for $6.5MM, Roughly 33% Below Asking
CommercialFinanceHospitalityIndustry NewsLos Angeles

Hermosa Beach Two-Parcel Jewel Sells for $6.5MM, Roughly 33% Below Asking

July 31, 20241 Mins read2.1k
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Hermosa Beach, known for its stunning coastline and vibrant community, was the backdrop to an enticing investment opportunity with a mixed-use property located at 1220 Hermosa Avenue. This 7,930-square-foot jewel building was home to the renowned RYLA Restaurant & Bar, three residential apartment units, and an undeveloped parking lot parcel. Listed at $9,655,524, the property […]

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