1221 Hermosa Boulevard

1221 Hermosa Ave, Hermosa Beach, CA 90254, USA

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This art-deco-style property, located adjacent to Hermosa Beach's bustling Pier Avenue, was built in 1923 as the Bijou Theater. CIM purchased the property and maintained the building's historic architectural features while modernizing it to become a viable retail and office space.

CIM Group sold 1221 Hermosa Avenue in 2007.



Investment Highlights
  • Central location amid retail, restaurants, and residential beach community
  • 400 parking spaces in an adjacent public structure
  • Within walking distance of the pier and beach
CIM views urban investing as a discipline rather than a market niche or a trend.