A rare Ocean Beach opportunity that works three ways: move in, rent it out, or build. Few properties give you all three! The home is ready today! 3 bedrooms plus a downstairs bonus room, 2 baths, 1,462 sqft with hardwood floors throughout. Recent upgrades include a roof less than 10 years old, updated electrical panel, tankless water heater, and a new tub and tiling in the bath. The recently completed garage-conversion ADU is a 1 bed, 1 bath with in-unit laundry, ready to rent or host guests. Live in the main house and let the ADU help cover the payment, or rent both for strong cash flow in one of San Diego's most rentable pockets. You're minutes from Ocean Beach sand, the Point Loma waterfront, and the restaurants and shops that keep renters and buyers wanting to stay. You can also build! This 7,642 sqft RM-3-7 parcel qualifies for Complete Communities Housing Solutions at 2.5 FAR and sits in a Sustainable Development Area, so it's eligible for the ADU bonus program. Mobility Zone 2 means reduced parking requirements, which helps the pro forma. Alley access makes adding units simpler. Live in it, rent it, or build! Please do not disturb tenants.