355 N Colorado Place LOCATION, LOCATION, LOCATION! Situated on an interior lot in the desirable community of Historical Bluff Heights, this charming 1920 California Bungalow offers unlimited potential. The property boasts an expansive nearly 5000 sq ft lot. The front unit features 2 bedrooms and 1 full bath, with a spacious 1, 110 sq ft of living space. Recently remodeled in 2022, the home retains many of its Craftsman-style features, including a front porch. Upgrades include updated plumbing, electrical, HVAC system, kitchen cabinets, Quartz countertops, and flooring. One of the standout features is the extra long driveway, providing ample parking space—a rare find in a beach community! The back unit is a newly built ADU (March 2024) with a Certificate of Occupancy. It offers 2 bedrooms, 2 full baths, and 749 sq ft of living space, complete with a separate entry and a single-car driveway. Each unit has its own gas meter and a Washer/Dryer. This property is a perfect investment opportunity with immediate income-producing potential. Live in one unit and rent the other, or rent both for maximum return. Conveniently located just 4 blocks from the beach and only 2 miles from Downtown Long Beach, with popular restaurants and shops within walking distance—just 1 block away. This is an exceptional opportunity you won't want to miss!