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1553 Arroyo Drive Laguna Beach, CA 92651
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Key Details
Sold Price $2,050,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Canyon (Cyn)
MLS Listing ID LG26102380
Bedrooms 4
Lot Size 7,405 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Investment Opportunity: Income-Producing Duplex in Coveted Laguna Canyon A rare chance to acquire a turnkey, income-producing duplex on an oversized lot in one of Coastal Orange County's most supply-constrained submarkets. Tucked into Laguna Canyon a neighborhood defined by scarcity, character, and consistent rental demand this property offers dual income streams, strong tenant appeal, and long-term appreciation upside in a market where new inventory is virtually nonexistent. Unit A Upper | 3 Bed | 2 Bath The primary income driver. Spacious living room, full kitchen, dedicated office, inside laundry, and central A/C features that command premium rents in Laguna's tight rental pool. Mature landscaping and canyon setting deliver the lifestyle factor today's renters pay up for. Unit B Lower | 1 Bed | 1 Bath + Office A flexible, light-filled unit ideal for long-term tenancy, executive rental, or owner occupancy under a house-hack strategy. The added office space broadens the renter profile to include remote professionals a growing demand segment in coastal OC. The Land Generous lot with lush, tropical landscaping, a natural dry riverbed, and mature, high-yielding avocado trees adding both curb appeal and tangible long-term value. Privacy, mature foliage, and canyon character are difficult to replicate and consistently support above-market rents. Location Fundamentals Walking distance to downtown Laguna Beach, the Sawdust Festival grounds, and the Pageant of the Masters Minutes to world-class beaches and the Pacific Coast Highway corridor Located in a guarded, low-invento
Location
State CA
County Orange
Zoning Public Rec
Interior
Cooling Central Forced Air
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Nick Binesh Binesh Realty
NEARBY SCHOOLS & BUSINESSES


