A Vision Realized: Where History Meets Contemporary Innovation

Local Collaborative Hermosa officially opened its doors in 2021, transforming a historic Performing Arts Theater into a vibrant co-working space that blends old-world charm with modern functionality. The journey began with Marlin Equity Partners leasing the entire space, marking a major milestone for the business. Following this, Local Collaborative was unveiled to the public in June 2023 at a grand opening celebration.

With all office spaces leased, this thriving community hub is now setting its sights on the future with exciting expansion plans already in motion. Our mission is simple: to complete the build-out by Q2 2025, maximizing returns for our investors while creating a unique and inspiring workspace for the South Bay community.

Moving Forward: Expansion Plans Rooted in Strategic Vision

The groundwork for the next phase of Local Collaborative’s expansion is already in place. During the initial construction, 70% of the infrastructure required for the second phase was completed, including essential structural support. This foresight positions us perfectly to move forward efficiently, with our planning department working in tandem with the City Council. By submitting plans for review while seeking City Council approval concurrently, we are compressing timelines and saving valuable time in our schedule. This streamlined process ensures that Local Collaborative Hermosa is ready to meet the growing demand for co-working spaces in this sought-after beachside community.

Local Collaborative: Designed for the Future

Local Collaborative Hermosa isn’t just about offices—it’s about creating a space where work and community intersect. In an area where the average all-in cost for an 8-person office is around $4,200, Local Collaborative stands out with its superior product offered at a competitive $3,500 per month. This beachfront co-working space offers everything from private offices to hot desks and event spaces, making it an ideal option for everyone from remote executives to startups seeking flexible, short-term leasing options. Located just a minute’s walk from the Hermosa Beach Pier, this space offers more than just convenience—it offers an unparalleled lifestyle.

Location, Location, Location

Imagine a workspace just steps from the Pacific Ocean, nestled in a neighborhood filled with eclectic restaurants, bars, and specialty retail stores. The Walk Score of this area is a remarkable 92 out of 100, meaning nearly all amenities and daily errands can be accomplished on foot. A visit to the Hermosa Beach Farmers Market for fresh produce every Friday is just a short stroll away, as is a 12,000 square-foot Trader Joe’s just 0.6 miles from the property. And for those needing a break from work, the Strand—a beachfront sidewalk linking Hermosa, Manhattan, and Redondo Beach—offers the perfect spot for phone calls or a refreshing ocean front walk.

A Fusion of Contemporary and Historic Architecture

One of the most striking elements of Local Collaborative Hermosa is its architecture—a seamless blend of contemporary and historic design. Housed in a restored Performing Arts Theater dating back to the 1920s, the space features 26-foot-high brick walls, 75-foot spans, and a stunning mix of exposed raw steel, glass, and gothic ornamental touches. As we expand, this unique architectural style will continue, with plans to add seven new offices and a conference room on top of the existing mezzanine level. The combination of sleek, modern design and historical charm is not only visually striking but also creates a highly functional and inspiring work environment.

Join Us in This Exciting Expansion

Local Collaborative Hermosa is more than just a workspace—it’s a community. We’ve created a culture of collaboration and connection, where our members feel like family. Whether it’s working with fellow entrepreneurs or catching up over coffee with an ocean view, there’s a sense of organic, natural community here that makes Local Collaborative truly unique.

This is your chance to invest in a thriving business that blends historical beauty with modern amenities in one of Southern California’s most desirable beach communities. With the upcoming expansion, Local Collaborative Hermosa will continue to grow and provide a high-quality workspace for businesses of all sizes.

Investment Summary: A Compelling Opportunity

To date, $3.6 million has been invested in Local Collaborative Hermosa to ready the project for both its current operations and future expansion. Now, with an expansion budget of $1.6 million, we are seeking an additional $200,000 in equity investments to fund permit approvals and activate a $1 million construction loan that will bring the next phase to life. This is a rare opportunity for investors to be part of something truly special—an expansion that will cement Local Collaborative Hermosa as the premier co-working space in the South Bay.

Investment Details

Local Collaborative is offering between $200,000 to $500,000 in LP equity, with a minimum investment of $50,000 (accredited investors only). Investors in this Class B offering will enjoy a 15% preferred return, with an equity multiple of 2x at three years and 3x at five years. This flexible investment structure allows for exit options at three years, five years, or a long-term hold, providing a range of opportunities for returns while allowing investors to remain part of the project as it continues to grow.

Investment documents and additional information are available for review – simply click “Investments” at the top of our website. This will allow you to quickly create a profile on our investor platform, view investment information, and download the Investment Memorandum.

You can also visit the public Investment Page with the link here, but you won’t be able to download the Investment Memo until you create a profile: Click Here