NEW PRICE IMPROVEMENT!! PRICE REDUCED $450,000. FIRST TIME ON THE MARKET IN NEARLY 50 YEARS!! Generational opportunity to stake your claim and acquire one of Seal Beach's rarest lots. Located just a short walk to McGaugh Elementary at the end of a cul-de-sac on a pie-shaped lot of over 7800 SF, this home has endless possibilities. The property includes a large rear patio area with swimming pool and large open space, providing room for possible expansion or even an ADU/Guest House (subject to current State and Local Building Requirements). Remodeled and added on to during its history, this 5BR 4BA home is being sold in its present condition, allowing the buyer the option to update the interior to their personal specs, reconfigure/redesign the existing floor plan to modernize, or engage an architect and design/build team to build a new compound in an incredible Seal Beach neighborhood location. Seal Beach has long been known as one of the last true "small beach town" locations in Southern California. Locations like this with large lots and pools do not come along often.