Short approach, quality climbing, and beach chillin' make this an excellent day trip.
The main boulder is right there on the water. You literally have to watch out for the waves coming up on the shore otherwise they might wipe out your camp. But it's an awesome spot with even more awesome routes.
There's also a traverse along the back wall if you're looking for something a little bit more mellow. And apparently there is another bouldering spot around the bend.
Note that it can get foggy here which will result in wet rock - not good for climbing. Find more details on routes, beta, etc. at Mountain Project.