Prime location in the heart of Laguna Village, one of the most desired neighborhoods in town. Beautifully remodeled Craftsman beach house is the ideal investment property! Imagine residing in this updated home with residential income walking distance to locals surf spots, shopping, dining, galleries and more. Nestled among beautiful mature landscaping, with a serene back zen garden. A very unique and special home that has been converted and zoned into a legal duplex with all licenses and permits. Property has great potential and offers an array of possibilities. There are approved permits and artist renderings to construct your single family dream home also. Upper unit wood floors have been nicely upgraded, beamed celeings and offers one bedroom and loft that accommodates full size bed, full bath with pedestal tub and separate shower, vintage bellied fireplace, front porch with ocean view and expansive back deck. Lower floor consists of two bedrooms and one bath with front patio and large landscaped back yard. Two car oversized garage with loft. RV/Boat permitted permeant driveway parks 4-5 cars easily.