Just one row back from the surf and sand of Woods Cove in Laguna Beach, this ocean-view duplex offers a prime investment opportunity. Poised to be upgraded and reimagined, the coveted property extends approximately 4,792 square feet with ample room for an additional ADU, complete with conceptual plans. Built in 1945, the three-level building features four single-car garages on the ground level, providing parking or storage for each of the two units above. Occupying the middle and top floors, the single-level apartments are appointed with wraparound balconies and picture windows that capture breathtaking ocean, whitewater, beach and bluff views. Residents of both units will enjoy two bedrooms, two- and one-half baths, fireplace-warmed living rooms, white-on-white galley kitchens, interior laundry rooms, a rear balcony or backyard, and access via a small bridge to a spacious garden area. Recently improved public stairs lead to the beach below, and restaurants, shops, galleries, parks, trails and top-rated schools are all close by.