This is a one of a kind opportunity for an individual, family, or developer. This property is walking distance to the beach, the world famous HB Pier, Main Street, Downtown, and Pacific City. It has the best peek-a-boo view down Lake Street to the Pacific Ocean on the east side of Alabama Street. Please do your due diligence, but if you want to add a second and third story, or scrape it and build from the bottom up, you'll have one of the city's classic homes or two on one, or main home with an ADU! Buyers must perform due diligence. The home was lovingly built in 1939. The owner's dad and grandfather added a den, 3rd bedroom, bath, and 2 car garage in the 50's. This home was built before the alley existed and its features are 'grandfathered in. Again, buyers must do due diligence. The inside needs, paint, and window coverings and it will shine. The walls are real lath and plaster! As well, under the carpet is the original hardwood flooring. There aren't many of these left and none with this stellar location for a multi-generational home!!!! Walk Score rates the home a "Walk Score" of 71-Very Walkable, most errands can be accomplished on foot. Walk Score gives the home a "Transit Score" of 35-A few nearby public transportation options. Walk Score gives the home a "Bike Score" of 78-Very Bikeable, biking is convenient for most trips.