1553 Arroyo Drive, Laguna Beach, CA 92651
Jim & Kim Carmichael
Jim & Kim Carmichael

+1(619) 846-1906

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$ 2,050,000

$ 2,150,000 4.7%

Est. payment | /mo

4 Beds

3 Baths

7,405 Sqft Lot


$ 2,050,000

$ 2,150,000 4.7%

Est. payment | /mo

4 Beds

3 Baths

7,405 Sqft Lot

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

MLS Router / San Diego MLS
Listed by Derek LeBon, DRE#02045275 Bon Life Real Estate Corporation 
Bought with Nick Binesh Binesh Realty

NEARBY SCHOOL & BUSINESS

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Jim & Kim Carmichael

Jim & Kim Carmichael

License ID: 0675443, 01719088

+1(619) 846-1906

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Phone*
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1553 Arroyo Drive