It's a Beach House. It's an Income Property. It's the best of both worlds and you get to decide what's right for you. Set behind the private gates of Breakers Drive, this is the opportunity to secure a beach front property with panoramic views of Big Corona Beach, Catalina Island and the entrance to Newport Harbor. This property is ideally suited as an owner's beach house with separate rental income; or as a dedicated income property offering a variety of year round and/or vacation rental options. Residence A - The Quintessential Beach House of approximately 2,100 square feet, with 3 bedrooms, 2 and half bathrooms, featuring expansive living, dining and entertaining space opening to a generous ocean view deck that runs the full width of the property. Projected rental value is $7,000 - $8,000 per month. Residence B - Currently being used as a 2 bedroom, 2 bathroom rental unit of approximately 1,300 square feet; and a 1 bedroom, 1 bathroom rental unit of approximately 800 square feet. Current rental income is $6,000 monthly.