They were spotted talking and laughing for about an hour in a nearby park before Reynolds walked home and Jackman took off on his bike.
Seeing how well these guys get along in real life is kinda bittersweet if you're a fan. As you know ... Ryan tried, unsuccessfully, to get Hugh to return to his Wolverine character and do a movie with Deadpool -- a pairing fans desperately wanted.
They've been engaged in a faux social media war for years -- which is part of their charm -- but announced a truce back in February to pitch ads for each other's companies.
You'll recall, they agreed to make awesome ads -- for Hugh's coffee and Ryan's Aviation American Gin. Classic Hugh & Ry humor.
Anyway, soak up their real-life bromance ... 'cause, for now, it seems like that's all we're getting.