Just two blocks from the beach, this charming traditional style "two homes on a lot" is located on a prime corner parcel in the highly coveted North Laguna neighborhood of Laguna Beach. With ocean views and a quintessential white picket fence, the front home has two bedrooms, two baths, a large living room with a brick fireplace, and a kitchen with a dining area and stainless steel appliances. The private back garage studio unit has a galley kitchen, seating area, patio, and bath. The current rents are below market. The opportunities with this property are limitless: Live in one unit and rent out the other, remodel or rebuild to your specifications, lot size 4,500 square feet and R2 Zoning.