This adorable beach cottage is situated on a 30 x 85 lot with R-2 zoning on the popular Newport Beach Peninsula! There is a one bedroom, one bath cottage that faces 46th street and has great off-street parking, fresh paint inside and out, new flooring and lighting, freshly planted flower beds, and a great patio perfect for lounging in the sun and taking in the sights! There is also a back unit, non-conforming studio that has a kitchenette, vaulted ceilings, and fresh paint and flooring. It has its own patio area with brick pavers and fresh landscaping. This is a great opportunity to use as a weekend cottage, or to rent out while your plans to build are being created. You're just one block away from the surf, and a quick bike ride to the boardwalk and all of the great restaurants and shopping. Welcome home to 129 46th Street!