Second major price reduction of $124,000! Motivated, bring offers! Walk to the beach from this classic cottage perched on an elevated, over-sized lot for the neighborhood, featuring panoramic ocean and Catalina views from most rooms. The home has two nice size rooftop decks and a private, newly constructed concrete patio with planters in the backyard, all ideal for entertaining. Additional upgrades include new berber carpeting, dishwasher, exterior painting, wood siding repairs, front and back landscaping and drip sprinklers. The master bedroom, living room and kitchen have vaulted, wood and beam ceilings, and there is a large family room with a wet bar area. Note that the 3rd bedroom does not have a closet, and is used as a workout room. There is also a bottom level "bonus" room that could be used for a playroom, storage and more. The extended concrete and brick trimmed driveway provides excellent off street parking.