Located in the sought-after community of Irvine Terrace, one of Corona del Mar's most desirable neighborhoods, this entry level 4 bedroom / 2.5 bathroom single level home has recently been updated inside and out. Live in it while you design your dream home or rent it out for great income. Better yet, the home comes with HOA and city approved plans for a fabulous 3,000 square foot mid-century modern home with sun drenched 60 foot lap pool. The approved floor plan would include 3 en-suite bedrooms, powder bath, large open kitchen/great room, laundry and 3 car garage. The exterior of the home is designed with a huge deck surrounding the pool, accessed from the great room, making the whole property an entertainers delight. The parcel and approved plans are a must see! The Irvine Terrace lifestyle makes for an easy walk or bike ride to Fashion Island, beaches, parks, Balboa Island, or the quaint village of Corona del Mar.