Yes, it's a parking lot, but you won't get any closer to the beach than this! Our kids had a blast staying here since it's right on the boardwalk and super close to the HB pier. At night, you can build a bonfire, which is really fun and one of the few spots in Orange County that you can do this.
FYI - The campground is only open October through May since this lot is traditionally used for summer beach parking.
One star is missing since this place can get pretty rowdy at night, depending on who your neighbors are.