Beach cottage PLUS INCOME STUDIO on 30' extra wide lot in the best section of Old Town. Live in this charming original beach cottage with hardwood floors, fireplace, private backyard, large windows and major systems up-dated. Earn income from the legal non-conforming studio which is not attached to the home. There is a detached 2 car garage with alley access. The other option is to build your dream home on this premium over-sized lot on one of the loveliest streets in town. Just steps to the ocean and 4 blocks to Main Street. Enjoy the wonderful ambiance of this quiet beach town, land locked on 3 sides by the ocean, the Naval Base and the Marina. Wonderul shops and restaurants line Main Street. Just 5 minutes from 3 major freeways and 30 minutes from 3 major airports. Wonderful opportunity to live at the beach with an income producing unit to offset the mortgage.