LOS ANGELES—Pacifica Hotels, one of the largest owners of oceanfront properties, has purchased the Hermosa Beach Hotel from a private investor. The hotel has 80 guestrooms and is located within walking distance to the Pacific Ocean, making it a great fit with the investor’s hotel portfolio. The purchase price of the property is undisclosed.

Located at 2515 Pacific Coast Highway, the property features a good amenities package that includes an award-winning Japanese garden. Other amenities include a heated pool and spa, fitness center and fully equipped business center. Pacifica Hotels plans to renovate the property, although there is no information available yet on the amount of additional capital they plan to invest or what the renovation will entail.

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