A historic Spanish Colonial Revival style property on Belmont Shore’s Second Street — which is currently leased by South of Nick’s Mexican Kitchen and KAL Capital Markets — has changed hands.

The building was originally constructed in 1929, according to a recent news release, and has been redeveloped by Aaron Tofani’s ATE Real Estate.

Tofani also owns Rance’s Pizza on Second Street, and is a Belmont Shore Business Association board member.

Two real estate firms, Hanley Investment Group Real Estate Advisors and Coastal Commercial Inc., arranged the $9.9 million pre-sale of the property, the announcement said, to a buyer from Palos Verdes.

“The buyer was seeking a pride-of-ownership location in Southern California, and we were able to facilitate a pre-sale transaction that closed escrow

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