Exceptional Mission Beach investment opportunity! Zoned R-4, this ocean-view property features two homes on one parcel with no HOA and the potential to add additional units (buyer to verify with the City). Located just five homes from the beach, it offers the perfect blend of coastal living, flexibility, and income potential. The main residence features 3 bedrooms plus an optional 4th bedroom, 2.5 bathrooms, and over 1,900 square feet with vaulted wood-beam ceilings, abundant natural light, a spacious loft, two fireplaces, an attached two-car garage, and multiple outdoor spaces including a fenced patio, two decks, and two balconies with ocean views, sea breezes, and SeaWorld fireworks. The private 1-bedroom, 1-bath unit has its own entrance, balcony, granite countertops, stainless steel appliances, and washer/dryer hookups, ideal for rental income, guests, extended family or home office. Walk to the beach, Mission Bay, restaurants, shops, and Belmont Park. A rare opportunity to enjoy the property as your own beach retreat, generate rental income, or invest in future development potential.