Incredibly RARE oversized, per assessor, R2 Lot, south of highway with ocean and Catalina view potential when built out. Currently has 2 1 bedroom / 1 baths in original condition with 2 car garage. Tenants are month-to-month. Begonia is considered one of the prettiest streets in the famed Flower Streets, and is slated for utility under-grounding in the near future. This is one of the last opportunities to build out in this block and the ONLY Flat Buildable lot South of the highway. 512 Begonia is not affected by beach and tourist traffic, yet just a block south from the beautiful ocean and harbor view Begonia Park and 2 blocks north to Corona del Mar's charming Village, with it's Boutique shops, world-class restaurants and wine bars, Saturday Farmer's Market, and just minutes to Internationally famed Fashion Island Shopping Center. Corona del Mar's and Newport Beach's world famous beaches and hiking trails are also just moments away. PLEASE SEE ATTACHED DRONE PHOTOS TAKEN FROM FRONT, MID-LOT & REAR AT 25, 29 & 35' HIGH FOR OCEAN & CATALINA VIEWS. You can't find a better location in the heart of Corona del Mar Village!