THERE ARE AMAZING DEVELOPMENT POSSIBILITES FOR THE SIZE AND LOCATION OF THIS PROPERTY. Rarely available. Ocean Blvd single family residence on a nearly 9000 square foot CORNER lot at Molino Ave. with ocean, oil island & Catalina views from Palos Verdes to Huntington Beach and beyond from the impressive picture windows. Originally built in 1954, with over 1900 square feet, this is truly a mid century charmer complete with flagstone siding, period paneling, 50's styled kitchen, two indoor fireplaces, original tiled bathrooms and much more. There is a comforting covered patio area, a two car detached garage, a gardeners workshop or extra storage and a very generous (and buildable) backyard area. This home could be enjoyed in its present state, in turn- key condition.. Opportunity is knocking. Location, Location, Location.