Rare opportunity to build your own Dream Beach Home on this Quiet R2 zoned lot. Perfect Investment home. Live in this lovely cottage while you build another unit or completely redesign your new custom home or duplex. The basement runs the length of the home and can easily be transformed into an underground garage fitting up to 9 cars. This adorable home has inside laundry and hard to find back yard and basement, Alarm system, hardwired smoke detectors with sensors for heat connected to alarm. Ceiling fans in bedrooms and kitchen area, Gas range/oven, counter depth refrigerator with ice maker, dishwasher, tankless water heater, front load washer and dryer. Everything is ready for move-in! Walk to beach, shops and restaurants. No HOA and easy access to the Lido Marina Village, Lido House Hotel, beautiful beaches, and world class dining and shopping options, you truly have everything Newport Beach has to offer at your fingertips! Zoned for long and short term rentals.