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! Nestled among beautiful mature landscaping, with a serene back zen garden. A very unique and special home with great potential and offering an array of possibilities. There are approved permits and artist renderings to construct your single family dream home. Upper unit offers nicely upgraded wood floors, vintage fireplace, beamed ceilings and has one bedroom and loft that accommodates full size bed, and full bath with pedestal tub and separate shower. 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 permanent driveway parks 4-5 cars easily.