A unique investment opportunity awaits with this rare duplex (R2 zoning), located just five houses from the beach on the Balboa Peninsula. Imagine the possibilities for this property, which offers peek-a-boo ocean views and unlimited potential with the help of your architect and designer. Currently configured as two units, the lower level features two bedrooms, one bath, and a large front patio perfect for entertaining. The back upper unit is a remodeled studio, updated approximately six years ago. On-site laundry is located in the garage, which also provides parking for two cars. Consider remodeling both units to take advantage of the high-demand ocean-close rental market, or convert the property into a single-family home with an attached ADU. The building qualifies for short term permit for vacation rental income. Contact the city for further information.

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