This is more than a rare ocean-view triplex - its a legacy property positioned in one of the best quaint beach towns along the Southern California coast! Situated just one street from the sand, 1407 Ocean Avenue offers an unparalleled blend of income potential, panoramic ocean views, and irreplaceable location. Boasting approximately 4,000 sqft. of living space on a 2,740 sqft. lot, this three-unit property delivers an enviable unit mix: a spacious studio with an enclosed balcony, a 2-bed + 2-bath ground-floor residence, and a standout 2,200 sqft., ocean-view owners unit with 3 beds and 3 baths. Whether youre seeking a multi-generational compound, a lovely primary residence with substantial rental income, or a high-performing investment in an idyllic seaside location, this property checks every box. Its rare to find a true owners unit; this 2-level coastal residence features unobstructed panoramic ocean views that command attention from the impressive third-story primary suite - views like this could never be replicated under current building standards. An expansive 3rd-floor deck creates the perfect setting to take in the sunsets or savor a moment of serenity. Everywhere you turn, large windows display vistas in all directions, giving the sense that you are on top of the world, basking in natural light, impeccable views, and ocean breezes. At the ground-floor level is a 2-bed, 2-bath residence with an ample kitchen and open-concept dining and living room. With generous bedrooms and two full bathrooms, this home is perfect for those who want 1,200 square feet of space that