DEVELOPMENT OPPORTUNITY. This property is zoned RM4 for 21 condos, with existing drawings already previously engineered and approved. This property may require additional approvals at this time. Property still requires payment for development permit and demolishing of existing home, both to be at Buyer's expense. The sellers have spent almost $400,000 on the property to activate the building of condos plus the cost of purchasing the property. Why wait ...this property has panoramic ocean views.