Laguna Beach Multifamily Properties for Sale

Coastal Arts Community with Premium Rents and Extreme Scarcity Value

Laguna Beach Multifamily: Scarcity, Prestige, and Coastal Preservation

Laguna Beach residential income property for sale

Residential income property in the Laguna Beach market

As local brokers, we position Laguna Beach as the most prestige-driven multifamily market in Orange County. The city's arts community, Festival of Arts, Laguna College of Art and Design, and world-class beaches create a lifestyle premium that supports top-of-market rents. Laguna Beach has actively preserved its character through restrictive zoning, which means new multifamily supply is essentially zero and existing income properties carry significant scarcity value.

Buyers in Laguna Beach are typically not underwriting current cap rates but rather long-term coastal land appreciation, the prestige of ownership in one of California's most recognized coastal communities, and the ability to command rents from high-income tenants who want proximity to the water and the arts district. 1031 Exchange investors moving significant capital often find Laguna Beach a compelling wealth preservation vehicle.

Want to discuss cap rates, zoning or off market opportunities in Laguna Beach? Call or text us: 949-430-7500

Multifamily Inventory in Laguna Beach

Multifamily inventory in Laguna Beach is deeper than in most Orange County cities, and the listings below update directly from the MLS. Even so, the best properties often sell quickly or privately, so tell us what you want and we will watch for it.

How We Help Laguna Beach Investors, Owners and First Time Buyers

Buying

We search duplexes, triplexes, fourplexes and apartment buildings for you, including properties that sell privately before they reach the MLS. We verify rents and expenses and run the cap rate before you write an offer.

See Off Market Properties »

Selling

Income properties are priced on rents, expenses and net operating income. We build your price from your numbers and recent sales. Skip the automated estimate and get a human verified valuation.

Get a Valuation and Cap Rate Analysis »

1031 Exchanges

Selling an investment property or buying with exchange funds? Federal rules give you 45 days to identify replacement properties and 180 days to close, so we line up targets early. Work with a qualified intermediary and your tax advisor.

Plan Your Exchange »

Live in One Unit

Buy a duplex, triplex or fourplex, live in one unit and rent the others. Owner occupied financing can mean a lower down payment, and lenders may count part of the rent toward qualifying. We connect you with a lender and show your payment after rent.

Run Your Numbers With Us »

Larger buildings too. We also work with apartment buildings of 5 or more units, even 120 unit properties. They are labeled commercial instead of residential and use commercial financing, but we evaluate, price and market them the same way.

Laguna Beach Multifamily Resources

What Is Your Laguna Beach Multifamily Property Worth?

Multifamily is often sold before it reaches the MLS, and values vary by building, rents and condition. Whether you want to buy, sell, exchange or live in one unit, we will run the numbers with you. We can also build a custom report for a specific Laguna Beach neighborhood or property type.

Laguna Beach Multifamily Investment FAQ

Is Laguna Beach multifamily realistic for most investors?

Laguna Beach multifamily is a premium segment suited to buyers with significant capital and a long-term investment horizon. Acquisition prices are high, inventory is extremely limited, and cap rates are compressed. Properties in Laguna Beach hold value exceptionally well due to the city's restrictive zoning, which prevents new supply from emerging. Rents are among the highest in South OC, and the tenant profile tends to be high-income and stable. For 1031 exchange buyers or wealth preservation investors, Laguna Beach offers irreplaceable coastal positioning.

What is house hacking and how does it work in Laguna Beach?

House hacking is the strategy of purchasing a multifamily property, living in one unit, and renting the others to offset your mortgage. In Laguna Beach, fourplexes are the most common house hacking vehicle because they qualify for owner-occupied FHA financing, which allows lower down payments than conventional investment loans. The rental income from the other three units can significantly reduce or eliminate the owner's housing cost. FHA loan limits for 4-unit properties in Orange County are updated annually. Contact us for the current figure before running your numbers.

Does Laguna Beach have rent control?

Laguna Beach does not have local rent control, but California's AB 1482 statewide rent cap applies to most multifamily properties that are more than 15 years old and not single-family homes or condos. AB 1482 limits annual rent increases to 5% plus local CPI, with a maximum of 10%. Properties built within the last 15 years are exempt. Buyers should review current AB 1482 applicability for any specific property with a real estate attorney before closing, as the rules have nuance around exemptions and just cause eviction requirements.

Are Laguna Beach multifamily properties good for a 1031 exchange?

Yes, for the right buyer profile. Laguna Beach multifamily offers a combination of rental demand fundamentals and ADU upside that makes it a credible 1031 exchange destination. The key is identifying properties with genuine value-add potential rather than paying a premium for cap rate compression that has already occurred. Working with an agent who has off-market access is essential in this segment, as the best opportunities rarely hit the public MLS.

Are there duplexes or small multifamily properties for sale in Laguna Beach?

Yes. Laguna Beach regularly has duplexes, triplexes and fourplexes for sale, and the listings on this page update directly from the MLS. We also watch for properties that sell privately before they are listed. Tell us what you want and we will keep an eye out.

Do you work with apartment buildings of 5 or more units in Laguna Beach?

Yes. We work with apartment buildings of every size, from a duplex to a 120 unit property. Buildings with five or more units are labeled commercial instead of residential and use commercial financing, and they are often marketed on commercial platforms such as LoopNet instead of the MLS. We evaluate, price and market them the same way, starting with the rents, the expenses and the cap rate.

How do I sell my Laguna Beach multifamily or income property?

Income properties are priced on rents, expenses and net operating income, not just comparable sales. We build your price from your numbers and recent sales, then market to investors, exchange buyers and owner occupants. We can also sell quietly if you prefer a private sale. Skip the automated estimate and request a human verified valuation.

Browse Laguna Beach Multifamily Listings

The listings below update directly from the MLS. If you have questions about a specific property or want to talk strategy, contact us or call 949-430-7500.

Laguna Beach Multi-Family Properties for Sale

676 Glenneyre Street, Laguna Beach
$3,477,000
PW26221860 MLS ⋅ Active Status
GORGEOUS COASTAL COTTAGE DUPLEX WITH OCEAN VIEWS NEAR THE VILLAGE OF LAGUNA BEACH! Experience the timeless charm of a cottage by the sea, featuring two residences filled with coastal character, beautiful wood flooring, inviting living spaces, and picturesque surroundings. The charming upper unit offers 2 bedrooms and 1 full bathroom, capturing the essence of coastal living with abundant natural light and gorgeous ocean views. The bright kitchen features granite countertops, white cabinetry, a breakfast bar, and beautiful views, while the cozy living room showcases a charming brick fireplace and expansive windows framing the coastal scenery. Step outside onto the spacious private deck, perfect for entertaining, relaxing, and enjoying refreshing ocean breezes and picturesque views. The inviting lower unit features 3 bedrooms and 2 full bathrooms, exuding timeless cottage charm with beautiful white-beamed ceilings, warm wood flooring, and an abundance of natural light throughout. The spacious living room features a charming fireplace, custom built-in cabinetry, and French doors opening to the outdoors, creating a seamless indoor-outdoor living experience. Generously sized bedrooms and beautifully appointed bathrooms add to the home's comfort and appeal. A 2 car garage and ample parking adds value! Surrounded by mature landscaping and lush greenery, the inviting patios and garden seating areas provide peaceful settings for relaxation and entertaining. Ideally located near the heart of Laguna Beach Village, enjoy beautiful beaches, art galleries, restaurants, boutiques, and the vibrant coastal lifestyle. Whether seeking a charming seaside residence, an investment opportunity, or the flexibility of two separate living spaces, this exceptional Laguna Beach duplex offers a rare opportunity to experience the beauty and timeless character of coastal cottage living.

676 Glenneyre Street, Laguna Beach
264 266 San Joaquin Street, Laguna Beach
$3,825,000
OC26221268 MLS ⋅ Active Status
Exceptional investment opportunity in highly sought-after North Laguna, just moments from Crescent Bay and Emerald Bay. This beautifully remodeled detached duplex offers panoramic ocean, Catalina, Crescent Bay, and city-light views, with two separately metered residences and three single-car garages. The front 3-bedroom, 3-bathroom unit is currently rented at $7,000 per month, providing immediate rental income and making this an incredible opportunity for an investor or owner-user looking to live in one unit and rent the other. Both residences have been thoughtfully updated with a coastal modern design, featuring French oak hardwood floors, quartz countertops, Carrera marble backsplashes, stainless steel appliances, central heating and air conditioning, in-unit stackable washers and dryers, and newly installed windows. Recent improvements also include a newer HVAC system with new ductwork, updated plumbing components and fixtures, and upgraded garage door openers and motors for all three garages. One garage is equipped with 240V power to accommodate EV charging. Each residence enjoys stunning ocean views of Crescent Bay and private outdoor space ideal for taking in the coastal setting. Additional lower-level bonus/storage areas offer valuable extra space, and an outdoor shower and newer spa further complement the Southern California beach lifestyle. Ideally located within walking distance to Crescent Bay Beach and park and just minutes from Downtown Laguna Beach's renowned restaurants, galleries, boutiques, and entertainment. A rare opportunity to own a versatile, income-producing coastal property in one of Laguna Beach's most desirable​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​‌​​​‌‌​​​‌‌‌​​​ neighborhoods.

264 266 San Joaquin Street, Laguna Beach
1494 Glenneyre, Laguna Beach
$3,195,000
LG26211100 MLS ⋅ Active Status
Originally built in 1928 and thoughtfully remodeled, with major systems upgraded, this distinctive Laguna Beach residence with a private lower unit, captures the romance of a bygone era while embracing the ease of refined coastal living. Set in a coveted beach-close location, the property pairs timeless architectural character with indoor-outdoor living and privacy rarely found so close to the heart of Laguna. The main residence offers single-level living with two bedrooms and inviting light-filled spaces. The dramatic great room takes center stage with a vaulted ceiling, fireplace, graceful arched windows, and arched entryways that celebrate the home's original character. The wraparound sunroom creates a versatile living space, and the beautifully appointed gourmet kitchen features a dual-fuel Wolf range, subzero appliances and generous storage spaces. A Dutch door opens to a lush, private yard enveloped by mature foliage and featuring a generous saltwater pool and spa, creating a resort-like setting for leisurely gatherings and daily living. Ocean views and beautiful sunset vistas further define the property's quintessential Laguna Beach atmosphere. The lower-level separate unit with its private entry and enclosed patio greets you with a dutch door entry and features an ensuite bedroom, separate laundry, abundant natural light, and remodeled kitchen and bath—an ideal space for guests or rental income. Offering ample onsite and enclosed parking in a sought-after location within steps to everything Laguna Beach has to offer. Beaches, downtown Laguna, resorts, dining and village amenities are just moments away. With its architectural soul, sophisticated upgrades, private grounds, ocean views, and potential for rental income, this is a rare opportunity to own a piece of Laguna Beach while enjoying the comforts of contemporary coastal living for generations.

1494 Glenneyre, Laguna Beach
366 Y Place, Laguna Beach
$2,499,000
OC26207219 MLS ⋅ Active Under Contract Status
Prime Location! 366 Y Place, Laguna Beach is a fully leased out four-unit property located in the Village of Laguna Beach. Ocean views from upstairs balcony. Just a short stroll to the beach, stores, restaurants, banks, transportation, and art festivals. Units are occupied with good, stable, long-term tenants who have been there for years. Currently on month-to-month. Ample parking with garage and driveway Coin-operated washer and dryer in garage generates additional income. Units have been remodeled with quartz countertops, laminate flooring, stainless steel appliances, refrigerators, and tiled bathroom showers.The property has separate gas and electric submeters.

366 Y Place, Laguna Beach
590 Seaview Street, Laguna Beach
$1,750,000
OC26205120 MLS ⋅ Active Under Contract Status
Located at 590 Seaview Street, this two-unit property offers approximately 1,706 square feet of living space on a 3,901 square foot corner lot in Laguna Beach’s desirable Village neighborhood. The property consists of a 2-bedroom, 2-bathroom unit and a separate 1-bedroom, 1-bathroom unit, offering flexibility for an owner-user, extended living arrangement, or investment opportunity. Well maintained but largely original, the property retains plenty of classic coastal character, including hardwood floors, a brick fireplace, abundant windows, built-in cabinetry, and vintage tilework. An upper-level covered balcony captures ocean views, while two separate garage spaces provide valuable off-street parking. With its R-2 zoning designation, corner-lot setting, and existing two-unit configuration, the property offers compelling long-term potential for a buyer looking to enhance an already special Laguna Beach property. The location is a major highlight, with the beach, downtown Laguna’s restaurants, boutiques and galleries, and destinations including Main Beach, Heisler Park, and the Laguna Art Museum all nearby. Combining income potential, ocean views, vintage character, and a highly desirable coastal setting, this is a rare opportunity to create something truly special in the heart of Laguna Beach.

590 Seaview Street, Laguna Beach
382 Thalia, Laguna Beach
$2,850,000
OC26174505 MLS ⋅ Active Status
Two completely detached residences offer exceptional privacy on one R-2 lot in the heart of Laguna Village. Just a 5-minute walk to the beach, the property also offers a truly car-optional lifestyle, with coffee, restaurants, Ralphs, gyms, shopping, and downtown Laguna Beach all just a short stroll away. Two independent single-level homes, substantial private outdoor living spaces and exceptional walkability create a rare combination of privacy, flexibility and convenience. The front residence features two en-suite bedrooms, a vaulted-ceiling great room with fireplace, and an open kitchen with center island that flows directly to a large outdoor dining and BBQ patio. Both bedrooms open to a second substantial private patio, creating an easy indoor-outdoor flow and extending the home's living and entertaining spaces. The second bedroom—with built-in office cabinetry and a Murphy bed—easily functions as a bedroom, home office, or both. An outdoor shower is perfect after a day at the beach. The home also features a split system, central heat, and a whole-house fan. Set privately behind the main residence, the completely separate one-bedroom cottage features hardwood floors, a fireplace, and a charming Dutch door opening to an expansive, secluded outdoor living area. With space for dining, lounging, and a BBQ amid a fountain, fruit trees, and mature landscaping, the patio feels like a private garden retreat and substantially extends the cottage’s living space. The rear cottage also has its own split system. Two garages and four on-site parking spaces provide an unusual level of convenience for a Village property, and the oversized two-car garage serving offers substantial storage and a 220-volt outlet for EV charging. The flexible configuration is ideal as a full-time residence with separate accommodations for family and guests, a Laguna Beach second home, or an owner-occupied property with the opportunity to rent one of the residences. Two detached homes, exceptional privacy, expansive indoor-outdoor living, generous parking, and a truly walkable Village location make this a uniquely versatile Laguna Beach property.

382 Thalia, Laguna Beach
272 Beverly, Laguna Beach
$2,795,000
LG26185112 MLS ⋅ Active Status
Rare North Laguna Compound — Ocean Views and Endless Possibilities! Discover an exceptional opportunity in highly desirable North Laguna. This flexible, ocean-view, coastal compound offers approximately 1,999 sq. ft. of total living space, comprising a 1,758 sq. ft. duplex and a 241 sq. ft. detached guest unit (currently in process for ADU approval). Featuring 4 bedrooms and 3 bathrooms, along with the studio, this property is thoughtfully configured for flexibility offering a variety of possibilities such as an owner user, owner-occupancy with income, multigenerational living, or a premium long-term investment. Both residences offer comfortable living spaces with abundant natural light, coastal breezes, and a strong connection to the surrounding outdoor areas. The upper residence enjoys elevated neighborhood and expansive ocean views, while the lower residence opens to shared front and rear yards with ocean views and city lights from the outdoor spaces. Each residence offers its own appeal while providing the relaxed indoor-outdoor lifestyle that defines North Laguna. The detached rear guest unit (potential future ADU), with its own private garden adds another layer of versatility, creating additional space for guests, a home office, creative studio, or rental income. The flat lot and shared outdoor areas provide room for entertaining, dining, relaxing, and enjoying the coastal setting—an increasingly valuable feature in North Laguna. Additional features include a garage, driveway parking, rear alley access, shared laundry, and on-site storage. Located near Diver’s Cove, Fisherman’s Cove, Heisler Park, beaches, restaurants, galleries, shops, and coastal trails, this property places the best of North Laguna within easy reach. With its rare combination of multiple residences, a future detached ADU, outdoor space, views, and location, this is an exceptional opportunity to own a flexible coastal property in one of Laguna Beach’s most desirable neighborhoods.

272 Beverly, Laguna Beach
469 Oak, Laguna Beach
$4,995,000
5 Beds ⋅ 5 Baths ⋅ LG26173895 MLS ⋅ Active Status
Nestled in the heart of Laguna Village, this private gated compound is a rare opportunity where the charm and character of the 1920s meet an elevated modern aesthetic. Originally built in 1921 and thoughtfully reimagined, the property features three fully remodeled, individual residences totaling five bedrooms and five baths, each with its own kitchen and thoughtfully curated finishes throughout—creating an incredibly versatile setting for family, friends, guests or extended stays. The original Craftsman cottage retains the warmth and soul of its era with a covered front porch, vaulted ceilings, exposed beams and original architectural details, complemented by engineered wood flooring, a beautifully updated kitchen with Calacatta quartz countertops and custom cabinetry, and thoughtfully finished baths. Two additional detached cottages offer their own distinct living spaces and a sense of privacy and independence rarely found in the Village. Equally impressive is the expansive outdoor space, where lush landscaping, string lights and bamboo fencing create a private retreat designed for entertaining and quintessential Laguna living. A jacuzzi, outdoor fireplace, fire pit, built-in barbecue, covered patio, and outdoor shower create multiple spaces to gather, unwind and enjoy the coastal lifestyle. Just steps from the beach and some of Laguna’s best restaurants, shops and galleries, this property offers a unique combination of historic character, modern luxury and exceptional versatility in one of the Village’s most desirable locations.

469 Oak, Laguna Beach
260 Arch, Laguna Beach
$3,675,000
LG26143859 MLS ⋅ Active Status
260 & 270 Arch Street, Laguna Beach, CA 92651 — Upper Victoria Beach- View Duplex An incredible ocean view side-by-side luxury duplex in the heart of Woods Cove, offering two beautifully updated units with breathtaking white-water, Catalina Island, and coastline views — plus some of the most spectacular sunsets on the California coast. 270 Arch Street — Owner's Unit | 3 Bed / 3 Bath | 2,200 Sq Ft | 2-Car Attached Garage The spacious and updated 3-bedroom, 3-bathroom owner's unit showcases endless Catalina, coastline, and Catalina views from nearly every living space. Soaring cathedral ceilings, custom built-ins, two fireplaces, and an open great-room concept create an inviting flow throughout. A walk-in wet bar makes entertaining effortless, while two private decks extend the living space outdoors — the main deck delivers a postcard view of the ocean, Catalina Island, and unforgettable sunsets. The chef's kitchen is appointed with a 6-burner Thermador gas cooktop with griddle, Dacor double oven, large center island, and custom cabinetry. An attached 2-car garage with direct access completes this turnkey coastal retreat. 260 Arch Street — Guest Unit | 2 Bed / 2 Bath | 1,300 Sq Ft | 2-Car Attached Garage The stunning second unit is a 2-bedroom, 2-bathroom ocean view residence, updated with an open great room, soaring cathedral ceilings, fireplace, contemporary kitchen, and spa-inspired baths. A private ocean view deck captures the sea breeze and sparkling Pacific. A separate attached 2-car garage with direct access offers the same effortless convenience as the main unit. A rare opportunity to own a fully updated, dual-income or multi-generational coastal property in one of Laguna Beach's most coveted seaside enclaves — just moments from Woods Cove beach, the Village, and world-class dining.

260 Arch, Laguna Beach
618 S Coast Highway, Laguna Beach
$6,295,000
OC26142522 MLS ⋅ Active Under Contract Status
5 Unit Mix-Use + Super Host Short-Term Rental Business! Rarely does an opportunity arise to acquire a true mixed-use trophy property in the heart of The Village, Laguna Beach’s most coveted coastal neighborhood. Combining exceptional income, irreplaceable location, panoramic ocean views, and meaningful future upside in one of the world’s most prestigious beach communities. The property features four residential residences and one prominent two-story street-front commercial building, creating a highly desirable income-producing asset with long-term appreciation potential. Its defining feature is an exceptionally rare rooftop deck spanning more than 1,200 square feet, offering breathtaking views of the Pacific Ocean, Catalina Island, the Laguna coastline, and the vibrant Village below. Even more remarkable, every residential unit enjoys ocean views A beautifully landscaped courtyard centered around a magnificent mature tree creates a peaceful private retreat, while the commercial space enjoys prime South Coast Highway frontage in one of Orange County’s most desirable retail corridors. With an outstanding Walk Score® of 94, residents and guests are just steps from world-class beaches, acclaimed restaurants, art galleries, luxury boutiques, and entertainment. The property also offers an extraordinary 17 off-street parking spaces, an amenity that is exceptionally rare in downtown Laguna Beach. Fully renovated in 2018, the property includes highly coveted short-term rental permits for two residential units, providing valuable income flexibility. Future upside is equally compelling. A completed feasibility study with the City of Laguna Beach confirms the ability to add approximately 500 additional square feet. At today’s pricing, that expansion represents the potential to create over $800,000 in additional value, while contractor estimates place the cost of construction at approximately $100,000, including roof reinforcement and an expanded rooftop deck. Additional rental upside also exists as leases mature and rents move toward market rates. Premier coastal investments are not valued solely by cap rate. They command premium pricing because of what cannot be recreated location, scarcity, and enduring desirability. Properties offering ocean views from every residence, substantial parking, rooftop entertaining space, short-term rental income, and future expansion opportunities are exceptionally scarce in downtown Laguna Beach.

618 S Coast Highway, Laguna Beach
616 Cuprien Way, Laguna Beach
$6,100,000
LG26096038 MLS ⋅ Active Status
Rarely does an opportunity of this scale arise in the Village. Nestled on a sprawling quarter-acre on historic Cuprien Way, this one of a kind gated compound offers a rare blend of privacy and flexibility of a lucrative income property or multigenerational retreat. Situated just blocks from the iconic Thalia Street beach, shops and restaurants this estate is a masterclass in coastal elegance. Featuring a private main residence with view decks and an outside living room, a private cabana close to the pool and in ground spa, plus two seperate one-bedroom units and an additional guest quarters; this showplace offers unmatched flexibility. This gem is ideal for an owner occupant seeking rental income, with a home-office setup or an extended family retreat. This trophy property is a timeless investment in the Laguna Beach lifestyle.

616 Cuprien Way, Laguna Beach
216 Cliff Drive, Laguna Beach
$3,595,000
3 Beds ⋅ 2 Baths ⋅ 26838851 MLS ⋅ Active Status
216 Cliff Drive is a rare 3-unit coastal multifamily on the prestigious Cliff Drive corridor in Laguna Beach. Two of three residences capture sweeping Pacific Ocean views. Detached 2BD/1BA front home, 1BD/1BA upper unit, and ground-level studio. Turnkey with over $500K in documented capital improvements including fully remodeled kitchens, baths, new electrical, PEX plumbing, in-unit laundry in two units.

216 Cliff Drive, Laguna Beach
616 Cuprien Way, Laguna Beach
$6,100,000
6 Beds ⋅ 7 Baths ⋅ LG26096056 MLS ⋅ Active Status
Rarely does an opportunity of this scale arise in the Village. Nestled on a sprawling quarter-acre on historic Cuprien Way, this one of a kind gated compound offers a rare blend of privacy and flexibility of a lucrative income property or multigenerational retreat. Situated just blocks from the iconic Thalia Street beach, shops and restaurants this estate is a masterclass in coastal elegance. Featuring a private main residence with view decks and an outside living room, a private cabana close to the pool and in ground spa, plus two seperate one-bedroom units and an additional guest quarters; this showplace offers unmatched flexibility. This gem is ideal for an owner occupant seeking rental income, with a home-office setup or an extended family retreat. This trophy property is a timeless investment in the Laguna Beach lifestyle.

616 Cuprien Way, Laguna Beach
389 Park, Laguna Beach
$2,549,000
LG26046547 MLS ⋅ Active Status
TWO DETACHED, TOTALLY REMODELED BEACH COTTAGES on one parcel -397 Park Ave (2 bed, 1 bath - 539 sq. ft) and 389 Park Ave (1 bed, 1 bath - 456 sq. ft) just a short stroll from the all new Forest Avenue Promenade, Main Beach boardwalk and world famous Heisler Park. Each cottage stands alone, with windows on all sides that flood the interiors with natural light and enhance their airy, coastal feel. Both cottages have undergone extensive renovations, including brand-new roofs, vaulted ceilings, wide-plank hardwood flooring, upgraded kitchens and baths with stone countertops, custom cabinetry, designer tile, modern lighting, and curated window treatments. Additional highlights include wood-burning fireplaces, tankless water heaters, newly built decks, restored exterior woodwork, fresh paint, and thoughtfully designed landscaping throughout the property. These charming homes are part of Laguna Beach history. While not yet officially designated as historic, there are potential historic designations and Mills Act tax benefits. Don't miss out on this exceptional opportunity to buy prime real estate in the heart of Laguna Beach.

389 Park, Laguna Beach
31913 9th, Laguna Beach
$3,495,000
OC26021009 MLS ⋅ Active Status
This exceptional ocean-view property presents a compelling coastal investment opportunity with multiple income streams and long-term value. Positioned to capture sweeping Pacific views, the main residence offers 3 bedrooms and 3 bathrooms with soaring ceilings, open-concept living and kitchen spaces, a wrap-around deck, and three fireplaces-features that consistently attract high-end tenants and vacation renters. Ocean views from both the living room enhance rental appeal, while abundant natural light and seas breezes create a desirable indoor-outdoor living experience. Recent upgrades support low-maintenance ownership and strong tenant retention, including quartz kitchen countertops, updated bathrooms with modern coastal finishes, and durable materials well-suited for beach living. Extensive storage adds functionality rarely found in coastal properties, featuring a walk-in pantry, cedar-lined closets, a dedicated laundry room, a storage garage large enough for a golf cart, and additional secured storage. Adding significant value, the property includes a separate living quarters with two bedrooms and one and a half bathrooms-ideal for generating supplemental rental income, accommodating extended stays, or offering flexible leasing options. This private space features its own garden raised deck and pergola, enhancing tenant privacy and marketability. An oversized lot with parking for up to seven vehicles provides a major competitive advantage in a high-demand beach location, increasing rental flexibility and overall property value. With ocean views, multiple living spaces, and rare parking capacity, this property stands out as a high-performing asset for investors seeking both immediate income potential and long-term coastal appreciation.

31913 9th, Laguna Beach
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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