A truly unique coastal opportunity featuring three separate living spaces: a 1-bedroom suite with its own laundry, an attached studio, and a detached studio — all within walking distance to shopping and the ocean. Completely "Turn-key Rental Property! The main studio suite includes a bright covered solarium offering year-round indoor/outdoor living with direct access to private, fully fenced gardens. Live in one unit and rent the other two for excellent income potential or it could be ideal for workers housing. Major updates include newer electrical, 200 Amp service, plumbing, roof and some windows. Conveniently located in an OCP allowing future multifamily/mixed residential use with flexible R4 zoning permitting multiple development options; 2 duplexes - 4 townhomes - a fourplex - A "Cottage court" with four small, detached dwelling units — an exceptional holding property with tremendous upside. There is still plenty of space to build the 4th unit in the lower garden area. Book your private tour today!