Major Price Adjustment! Welcome to 885 Rosecrans in the prestigious La Playa neighborhood of Point Loma. This is a stunning 4061 sq. ft. sophisticated home with a spectacular Bay View, an Infinity Pool and a Spa-like vibe upon entry. It has been upgraded with new paint inside and out and is perfectly situated in one of the area's most desirable neighborhoods within walking distance of Kellogg's Beach along the Bessemer Trail just around the corner. It's also within strolling distance of the La Playa Village area, yacht clubs, stores and various eateries. This home boasts a unique floor plan offering the flexibility of two homes in one. Upstairs is a level entry right off of the gated portico with 2 Bedrooms and 2 1/2 Baths,laundry, chef's kitchen delivering effortless entry and an up-close Bay View of the Point Loma/La Playa Yachting Basin with an abundance of natural light and tranquility, especially enjoyed from the large Veranda overlooking the pool and rear yard. The Downstairs can be reached from the internal staircase or from a separate stairway along the side of the house offering private entry. The downstairs can be locked-off if desired for a "second unit" featuring 4 Bedrooms 2 1/2 Baths with Poolside and Jacuzzi access from the Primary Bedroom and a Livingroom. The decor is "Modern So-Cal Beach". This area features a second kitchen, laundry and media room with a huge, big screen. Thus, the upstairs and downstairs can be used as one large home, or optionally as separate living quarters, say for teenaged children, an extended family, extra rental income, etc.