Developers, zoned LAR3 - Please confirm use potential with the Coastal Commission / City / County Building Department. Beach cottage complete with fire place, hardwood floors, and a beautiful rose garden with a mature fig tree. This warm and desirable home is located on the famous Marina Peninsula surrounded by water on three sides; the grand canal, the main channel, and the Pacific Ocean. Adjacent to Marina Del Rey, the world's largest small craft harbor, fabulous restaurants and boutique shopping in both Venice and Marina Del Rey are conveniently close. Fish off the iconic Venice Pier, entertain on the world famous Ocean Front Walk, or just relax on one of the deepest beaches in the Santa Monica Bay. Make this your primary residence, vacation home, or build brand new. Upside opportunity awaits those who do not procrastinate.