Exceptional opportunity for developers + owner/users alike! This 1200 sq ft ocean view CORNER lot comes with a fully built out SUBTERRANEAN BASEMENT (761 sq ft) with completed shoring, saving you in building costs for the basement alone. Current architectural plans envision a charming, traditional single-family residence (3bed/4bath) with a basement, two car garage and an elevator shaft for ease of access throughout the three floors + basement. Permits and plans are expired and need to be resubmitted to the city. Located just one block from the Strand in the Sand Section of Manhattan Beach, this lot offers the rare chance to build your dream coastal home in one of the most sought-after neighborhoods. Enjoy the privacy and tranquility of Ocean Drive living. This prime location couldn't be more ideal. If you're seeking a deal to build in Manhattan Beach, this is it! The value in the land alone offers significant potential! This is an AS-IS sale, sold for land/development value only. Buyer to conduct all inspections and due diligence. The existing structure is about 50-60% completed and has been at a standstill. Don’t miss this unique investment opportunity!