Seller will entertain offers between $1,099,000 - $1,199,000. Buyer, contractor, builder to take over what current owner started, excellent development opportunity! Photos are of renderings of new construction plans, + current house photos and lot. Plans submitted to the city for constructing a 1700 sq foot main house + a 2-car garage w/425 sq foot 1-bedroom unit above garage. Seller says 95% approved and awaiting response from city on final approval. Current house is a super charming large 1bed/1bath (tax role shows a 2 bedroom) 1925 construction 792 sq foot Vintage cottage w/newer remodeled kitchen, butcher block counters, dual paned vinyl windows, newer roof & updated bathroom. Current house is a super charming large 1bed/1bath (tax role shows a 2 bedroom) 1925 construction 792 sq foot Vintage cottage w/newer remodeled kitchen, butcher block counters, dual paned vinyl windows, newer roof & updated bathroom. Either build new or keep current house and use for short term rental. On large 3500 sf lot (25x140) zoned R-2, perfectly positioned to re-build house and add detached garage w/ADU over it. Currently has 6 off-street parking spaces off alley. Just blocks to Ocean, Newport Ave, nightlife, groceries, shopping, cafes, the Pier & the beach. A Must See!