Fantastic Opportunity Alert! Here's your chance to bypass the typical waiting game and arduous construction planning process. Welcome to 1616 Monterey Blvd in Hermosa Beach – a North Hermosa Beach property that's a real gem. It's shovel-ready with approved Architectural plans for a gorgeous 4,680 sq ft home boasting breathtaking ocean views. Plus, it's conveniently located two blocks from downtown Hermosa and a mere four blocks from the beach. Properties of this caliber with finished construction in this pocket of Hermosa currently fetch between 6 to 8 million dollars. Positioned above other streets, it offers panoramic views that are simply unmatched. And here's the beauty of it – if you're not keen on construction, no worries! You can make this beach house your new home or turn it into a lucrative income property for your investment portfolio. The existing home already offers ocean views from the primary suite, balcony, and a rooftop deck. With an oversized lot spanning approximately 3,300 square feet, you'll have ample off-street parking, including a 2-car garage. Inside, you'll find a charming home with brand-new hardwood floors. The living room seamlessly flows into the kitchen and dining nook, and there are cozy brick fireplaces in both the living area and primary suite. The first level features two bedrooms, while the second level boasts an oversized primary suite with vaulted ceilings, a fireplace, and those enviable ocean views. Grab this chance now – you will have no regrets.