Just two blocks from the beach and one block to Newport Avenue, in the heart of Ocean Beach, this beautifully situated two-story corner-lot residence embodies relaxed coastal luxury with unmatched walkability. Perfectly positioned for effortless access to the sand, surf, and OB’s vibrant dining and nightlife scene, the home offers a rare combination of lifestyle and unique versatility of income potential. The upper level features light-filled living room, two-spacious bedrooms and bath, while the lower level functions as a flexible living quarters with a full bedroom, bath, and dual kitchen setups each complete with its own refrigerator, stove, microwave and laundry. With three separate entry doors, the layout is ideal for multigenerational living, or rental flexibility. Extensive upgrades elevate the home throughout, including dual-pane windows, central A/C and heating, and a new roof. The interior has been fully refreshed with new paint, all-new LED recessed lighting and fixtures, and brand-new carpet on the staircase. Both bathrooms have been tastefully remodeled for a clean, modern feel. Outdoors, the property is finished with vinyl fencing, front and rear gates, a welcoming front porch, and a private concrete patio perfect for coastal evenings. A detached one-car garage with alley access adds convenience and storage. Just moments from Ocean Beach’s iconic shops, cafés, and shoreline, this is a rare opportunity to own a highly flexible coastal property in one of San Diego’s most beloved beach communities, perfect as a primary residence, vacation retreat, or investment.