Nestled in the heart of the sought-after Corona del Mar Village, this rare oversized lot (30'x150') offers three unique residential units, ideal for a variety of living or investment opportunities. The property includes one 1-bedroom, 1-bathroom unit, and two spacious 2-bedroom, 1-bathroom units, all radiating the cozy charm of beach bungalows, soaking in natural light coastal breezes. This coastal collection offers the convenience of a 3-car garage and a communal laundry room on-site, enhancing both functionality and comfort. Whether you're looking for a turnkey investment with tenants in place or envisioning future development, this property offers tremendous potential. Just a short walk away, immerse yourself in the beauty of China Cove, Big Corona Beach, and the vibrant atmosphere of local shops and popular restaurants. The world-renowned Fashion Island and Crystal Cove are also close by, ensuring endless shopping, dining, and recreation options at your fingertips. This rare find combines the charm of beachside living with incredible development opportunities, making it a must-see for anyone looking to live or invest in one of the most desirable coastal communities in Southern California. Enjoy as-is or explore the potential for growth in this coveted location.