Just two homes from the oceanfront, this cozy 2 bedroom, 1 bath cottage sits on a 2,400 sqft lot, offering an exceptional opportunity for development or a charming fixer-upper to create your ideal beach house. Circa 1930, this original cottage features ocean views from the front yard/patio, a fireplace with wood stove, and nostalgic touches such as a Dutch door, original hardwood floors, and built-in shelving. Laundry is located on the covered back porch entry, additional storage area and a detached 2-car garage with alley access. This property is currently used as a vacation rental and is now on the market for the first time in many years. With excellent view potential, the property is buildable for two units totaling 2,640 sqft with an approximate 110% FAR and additional 4-car garage parking on site. The seller will also consider a joint venture partnership to build two equal-sized condos, with the seller retaining ownership of one unit. Walking distance to Belmont Park, Fit Athletic Club, The Plunge Pool, Bonita Cove, and nearby restaurants, this property offers great potential and quintessential Mission Beach living.