It Came From Beneath The Sea (1955 Classic SciFi -Color- )

http://www.imdb.com/title/tt0048215/



After an encounter at sea with an unknown underwater creature, a naval commander works with two scientists to identify it. The creature they are dealing with is a giant, radioactive octopus that has left its normal feeding grounds in search of new sources of replenishment. As the creature attacks San Francisco, the Navy tries to trap it at the Golden Gate Bridge but it manages to enter the Bar area leading to a final confrontation with a submarine.