Laguna Beach Multifamily Properties for Sale

Coastal Arts Community with Premium Rents and Extreme Scarcity Value

Laguna Beach Multifamily: Scarcity, Prestige, and Coastal Preservation

As a local broker, I 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.

Laguna Beach residential income property for sale

Residential income property in the Laguna Beach market

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 me directly: 949-430-7500

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Multifamily inventory in Laguna Beach is often sold via pocket listings before ever hitting the MLS. Off-market access is the difference between finding a deal and watching someone else close it.

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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.

Laguna Beach Multi-Family Properties for Sale

LG26152380 MLS ⋅ Active Status

Experience elevated coastal living in this rare oceanfront property with direct beach access, overlooking breaking waves, Catalina Island, city lights, and the Pacific Ocean from its premier setting within Laguna Beach Village. Recently upgraded, the property offers unobstructed ocean views and effortless access to dining, boutiques, and galleries that define Laguna’s lifestyle. Floor-to-ceiling windows capture sweeping ocean vistas and natural light throughout the main living areas, which open to multiple private decks. The property consists of three separate residences, each with private beach access, outdoor space and individual entrances. Outdoor living areas include an expansive oceanfront patio and decks designed for entertaining and relaxation while enjoying panoramic coastline views, sunsets, and the sound of the waves. The top residence is approximately 1,700 square feet with two bedrooms and two-and-one-half bathrooms. The open floor plan includes a flexible room that may function as a bedroom or an office. The primary suite enjoys ocean views from bed and opens to private balconies overlooking the ocean. The middle residence is the largest of the three and features a spacious design for comfortable everyday living and entertaining. Encompassing approximately 2,613 square feet with three bedrooms and three bathrooms, the two-level layout offers a seamless open floor plan oriented toward the coastline. The main living areas flow to an expansive resort-style deck, while additional private balconies extend from the bedrooms. A secondary living room enjoys expansive coastal views, creating an inviting space for refined living. The lower residence offers approximately 1,737 square feet with two bedrooms and two bathrooms, an additional living room provides a comfortable gathering space with a built-in wet bar, access to a spacious deck, and direct access to the sand. A gated entry, multiple garages, and a private driveway provide ample parking. Ideally located within Laguna Beach Village in the HIP District, the property offers convenient access to renowned restaurants, galleries, shops, beaches, and scenic coastal trails. World-class resorts including Montage Laguna Beach, Surf & Sand Resort, and The Resort at Pelican Hill are also nearby. This property presents a rare opportunity to own an oceanfront compound in one of Laguna Beach’s most desirable coastal locations, ideal as a second home, a full-time residence, or multi-generational retreat.

921 Gaviota Drive, Laguna Beach

LG26150245 MLS ⋅ Active Under Contract Status

Located just steps from Shaw's Cove, 166 and 168 Fairview Street comprise a beautifully renovated North Laguna duplex offering expansive ocean views, exceptional versatility, and a coveted coastal lifestyle. Thoughtfully reimagined in 2018 with quality craftsmanship throughout, the property presents a rare opportunity for luxury investment, multigenerational living, or the flexibility to enjoy one residence while generating income from the other. Designed to embrace its stunning coastal setting, both residences feature open-concept living spaces that flow seamlessly to expansive view decks through LaCantina folding doors. With nearly 500 square feet of combined deck space, the property offers exceptional indoor outdoor living with ample room to relax, entertain, and enjoy the expansive ocean views. Designer finishes, premium appliances, integrated smart home technology, and central heating and air conditioning create stylish, comfortable interiors that are equally suited for everyday living and entertaining. The lower residence offers three bedrooms and three bathrooms, complemented by generous outdoor living spaces and a private garden retreat just outside the primary suite. Upstairs, the two bedroom residence features its own expansive deck overlooking the Pacific, creating the perfect setting to relax, dine, or enjoy spectacular sunsets. Extensively renovated with long-term quality in mind, the property includes updated plumbing and electrical systems, Milgard insulated fiberglass windows, energy-efficient HVAC, solar power, a water softening system, reverse osmosis drinking water, and abundant storage for surfboards, beach chairs, and other coastal essentials. Each residence also includes a private one-car garage, additional driveway parking, and mature lemon and orange trees that enhance the inviting outdoor spaces. Ideally located in one of Laguna Beach's most desirable neighborhoods, the property is just moments from Shaw's Cove, the Laguna Beach Trolley, renowned restaurants, art galleries, boutique shopping, and some of the area's most beautiful beaches.

166 Fairview, Laguna Beach

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

LG26142870 MLS ⋅ Active Status

Discover a truly exceptional trophy property, a rare investment opportunity in the heart of North Laguna Beach. Offered for the first time in years, this unique multi-family estate is set on an expansive, park-like lot featuring lush lawns, mature trees, and beautifully landscaped grounds that create a peaceful retreat just moments from the ocean. The property consists of three well-maintained residential buildings: two charming single-level duplexes and a triplex situated above five private garages with convenient rear alley access. The two duplexes each offer spacious one-bedroom bungalow-style residences, while the triplex includes a studio, a generous one-bedroom apartment, and a large two-bedroom, one-bath residence. Each unit has been thoughtfully designed with abundant natural light, large windows, attractive hardwood floors, private outdoor patio space, and either a dedicated garage or reserved off-street parking. Residents also enjoy a shared laundry facility, while the duplex units include their own laundry hookups. With long-term tenants and historically low vacancy, the property has enjoyed consistent demand thanks to its tranquil setting and unbeatable location. Current rental rates are below market, presenting a compelling opportunity for future income growth while maintaining a highly desirable tenant base. Ideally located just two blocks from the iconic Heisler Park, the property is within easy walking distance of Main Beach, renowned art galleries, acclaimed restaurants, boutique shopping, and public transportation. Combining an irreplaceable location, stable income, and significant upside potential, this is a legacy asset rarely available in one of Laguna Beach's most sought-after neighborhoods.

379 Aster, Laguna Beach

OC26142522 MLS ⋅ Active Status

An Irreplaceable Coastal Trophy Asset in the Heart of The Village 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

5 Beds ⋅ 5 Baths ⋅ OC26129323 MLS ⋅ Active Status

Welcome to Woods Cove Stunning Ocean-View Triplex in Laguna Beach. Use as investment or live in one side and receive income to offset mortgage. Perched in the heart of Laguna Beach on a 7405 sq ft lot, this exceptional modern triplex, designed by renowned architect Morris Skenderian, offers breathtaking ocean views and a prime investment opportunity. Each unit boasts ocean view, dedicated parking, private laundry and a thoughtful design, blending contemporary style with coastal living. Main Unit (2 Bed | 2 Bath) – The largest of the three, this unit features an expansive exterior patio with stunning ocean views, and an open-concept living space with fireplace and cork laminate flooring. Designer features include AGS Marine Grade Stainless Steel Wire Railing, The Shade Store solar blinds and The Sliding Door Company custom sized laundry doors with Electrolux W/D. Includes 1-car garage + 1 tandem parking space. Updated approximately 4 years ago. This unit has air conditioning. Second Unit (2 Bed | 2 Bath) – This unit has a great mid-century charm with white washed wooden panels. This spacious unit offers a large outdoor patio, ample natural light, and a well-appointed interior with fairly new dishwasher. Includes 1-car garage + 1 tandem parking space. Third Unit (1 Bed | 1 Bath) – Fully remodeled this year, this private retreat features a stylish interior, with new LG W/D, new bath, a secluded patio, and a covered parking space with 1 tandem parking space. This meticulously maintained triplex provides an exceptional opportunity for owner-occupants, investors, or 30 day summer vacation rental possibilities in Woods Cove is one of Southern California’s most coveted coastal enclaves. Walk to beach under PCH and enjoy proximity to world-class beaches, dining, and the vibrant Laguna Beach arts scene. Exterior Upgrades: In January 2025. New Roof, New Velux Skylights with blinds, New Chimney Stacks and exhaust either replaced or painted. Exterior Atrium trim wood removed/replaced/painted. Entire Exterior Siding and Fencing Painted. Trees and lower level trimmed and cleaned. Garage door springs replaced and oiled. All units have been repiped and hot water tanks replaced 2018. Submeter in place. Lower lot is planted with fruit trees and can be enjoyed by all tenants. It is nicely manicured and is a great place to escape to relax.

Laguna Beach

OC26129315 MLS ⋅ Active Status

Welcome to Woods Cove Stunning Ocean-View Triplex in Laguna Beach. Use as investment or live in one side and receive income to offset mortgage. Perched in the heart of Laguna Beach on a 7405 sq ft lot, this exceptional modern triplex, designed by renowned architect Morris Skenderian, offers breathtaking ocean views and a prime investment opportunity. Each unit boasts ocean view, dedicated parking, private laundry and a thoughtful design, blending contemporary style with coastal living. Main Unit (2 Bed | 2 Bath) – The largest of the three, this unit features an expansive exterior patio with stunning ocean views, and an open-concept living space with fireplace and cork laminate flooring. Designer features include AGS Marine Grade Stainless Steel Wire Railing, The Shade Store solar blinds and The Sliding Door Company custom sized laundry doors with Electrolux W/D. Includes 1-car garage + 1 tandem parking space. Updated approximately 4 years ago. This unit has air conditioning. Second Unit (2 Bed | 2 Bath) – This unit has a great mid-century charm with white washed wooden panels. This spacious unit offers a large outdoor patio, ample natural light, and a well-appointed interior with fairly new dishwasher. Includes 1-car garage + 1 tandem parking space. Third Unit (1 Bed | 1 Bath) – Fully remodeled this year, this private retreat features a stylish interior, with new LG W/D, new bath, a secluded patio, and a covered parking space with 1 tandem parking space. This meticulously maintained triplex provides an exceptional opportunity for owner-occupants, investors, or 30 day summer vacation rental possibilities in Woods Cove is one of Southern California’s most coveted coastal enclaves. Walk to beach under PCH and enjoy proximity to world-class beaches, dining, and the vibrant Laguna Beach arts scene. Exterior Upgrades: In January 2025. New Roof, New Velux Skylights with blinds, New Chimney Stacks and exhaust either replaced or painted. Exterior Atrium trim wood removed/replaced/painted. Entire Exterior Siding and Fencing Painted. Trees and lower level trimmed and cleaned. Garage door springs replaced and oiled. All units have been repiped and hot water tanks replaced 2018. Submeter in place. Lower lot is planted with fruit trees and can be enjoyed by all tenants. It is nicely manicured and is a great place to escape to relax. All information to be verified and satisfied by buyer prior to purchase.

Laguna Beach

OC26120844 MLS ⋅ Active Status

Welcome to your dream coastal lifestyle and premier investment opportunity at 2937 Terry Road, an exceptional beach-cottage duplex in the highly coveted Victoria Highlands neighborhood of South Laguna Beach. Perfect for an income-generating property, a multi-generational sanctuary, or an owner-occupant looking to live in one and rent the other, this versatile multi-family residence features a distinct one-unit-up, one-unit-down layout with ocean views from both levels. The upper unit boasts soaring vaulted ceilings and exposed wood beams full of character, while the expansive lower unit offers direct access to a beautifully manicured backyard, complete with a cozy gas fire pit and a dedicated outdoor dining area perfect for al fresco entertaining. Embracing the true essence of Southern California living, this property balances a peaceful neighborhood setting with effortless proximity to Laguna's world-famous amenities. Just a short distance away lies the pristine shoreline of Victoria Beach, home to the iconic pirate tower, easily accessible via a convenient pedestrian tunnel under Coast Highway. Residents will enjoy being moments from the legendary Montage Resort for five-star dining and cliffside sunsets, as well as the newly built Laguna Beach Community & Recreation Center for fitness and local events. Highlighting the unmatched convenience of this location, a nearby stop for the complimentary Laguna Beach trolley makes exploring the vibrant downtown village, upscale boutiques, and renowned art galleries entirely effortless. Discover a spectacular chance to capture the ultimate beach lifestyle and secure a prime piece of real estate in one of the world's most beautiful coastal destinations.

2937 Terry Rd, Laguna Beach

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

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

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

NP26096747 MLS ⋅ Active Under Contract Status

RECENTLY REFRESHED! ALL NEW INTERIOR PAINT (WALLS, DOORS & BASEBOARDS), NEWLY SMOOTH COATED CEILINGS & NEW CARPET. If you're looking for views, this is it!! Ocean views from every room! From the covered front balcony, enjoy sweeping views of the Pacific, white water rolling over rocks, Catalina Island, PCH, city lights, surrounding hills, and Palos Verdes on clear days, all coming together with incredible daily sunsets. Sit back, take it all in, watch the deep blues, waves moving through the shoreline, boats pass by, and feel the tranquility. This is the top floor, center penthouse unit in the building closest to the ocean, with no one above and showcasing one of the widest vantage points in the community. A single level 2 bedroom, 2 bath condo featuring an open floorplan and a spacious covered balcony that expands the flow. The positioning creates an elevated feel, opening up the surrounding coastline and horizon. The primary bedroom includes a slider to the balcony, two closets, and an attached ensuite bathroom. Dutch front door. Tile flooring throughout the main areas, plus a newer dishwasher, garbage disposal, and water heater. Assigned carport with storage. Just across PCH from Moss Cove, one of Laguna Beach's most scenic beaches. Ideally located near downtown, art galleries, restaurants, shops, and world class beaches. Moments from the Sawdust Art Festival and summer art shows. Stairs on the left side of the property lead down to PCH, with the free Laguna Beach trolley stop out front, making it easy to experience everything the area has to offer. (Unit #1 leased for $7,000 in 2025. Unit #4 is currently on the market for $8,000) (Enclosed balcony not included in the square footage.) *Some photos have been digitally staged.

240 Moss Street Unit 8, Laguna Beach

OC26091697 MLS ⋅ Active Status

1953 S Coast Hwy presents a unique opportunity to acquire a recently renovated mixed-use investment in Laguna Beach with approved short-term lodging and supplemental retail income. The property consists of approximately 3,043 SF across three levels on a 4,000 SF lot, featuring 4 bedrooms, 4 bathrooms, and expansive living space with 180-degree ocean views. The residential unit is well-suited for premium short-term rental demand, offering multi-level living, sound insulated walls to reduce road noise, a private backyard with jacuzzi, solar, EV charging, garage and driveway parking. The property benefits from an established and active short-term lodging permit that allows for ongoing, year-round operation, subject to standard City compliance. Importantly, the permit is already included within Laguna Beach’s capped inventory of approved units and runs with the land, providing a durable and difficult-to-replicate operating position. The retail component adds a second income stream and is currently leased on a month-to-month basis, with market rent estimated at $4,000 per month. Opportunities to acquire a dual-income coastal asset with existing, transferable short-term rental approval in Laguna Beach are extremely limited, positioning this as both a lifestyle and investment play.

1953 S Coast, Laguna Beach

LG26078723 MLS ⋅ Active Status

Sweeping OCEAN VIEW, COASTLINE VIEWS, WHITEWATER VIEWS. Downstairs unit is 2 bedrooms, 2 baths with fireplace, balcony, inside laundry, balcony and private yard. Upstairs unit is 2 bedrooms, 1 bath, inside laundry, balcony with private yard. 2 car garage plus 4 off street parking spaces. 24 Hour notice to show. Please do not go on property without agent.

283 Viejo, Laguna Beach

LG26046547 MLS ⋅ Active Status

TWO DETACHED, TOTALLY REMODELED BEACH COTTAGES PLUS fully permitted, shovel ready plans for a THIRD COTTAGE. All on one lot -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. Adding to the upside, a third, fully permitted 533-square-foot (ADU) will be included with the sale. Both existing 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

PW26035804 MLS ⋅ Active Status

Located in the highly desirable Woods Cove neighborhood of Laguna Beach, this 7-unit apartment complex offers an exceptional coastal living experience just moments from Woods Cove Beach, with easy access to swimming, snorkeling, tide pools, and scenic shoreline walks. Positioned on a large 14,480 square foot lot, the 5-unit structure was designed by renowned architect Chris Abel and built in 1972 along side two 1923 single story cottages, blending timeless coastal architecture with modern upgrades. The property features a diverse unit mix of studios, 1, 2, and 3-bedroom residences, with most units highly renovated, offering ocean views, washer/dryer hookups, and private patios or balconies that capture ocean breezes and natural light. Residents enjoy close proximity to Downtown Laguna Beach, boutique shopping, cafés, fine dining, art galleries, entertainment, and the city’s vibrant cultural scene, with convenient access to the Laguna Beach trolley, coastal trails, parks, and Pacific Coast Highway, delivering a rare combination of privacy, walkability, and quintessential Southern California beach lifestyle.

2101 Glenneyre, Laguna Beach

LG26020416 MLS ⋅ Active Status

Opportunity Knocks. Arabella Laguna is a rare trophy property, held under the same ownership since 1976, offering exceptional versatility and irreplaceable income potential. Currently operating as a highly successful short-term rental compound, it may also serve as a private residence with income, multi generational family compound, or long-term rental investment. Located at the north end of Gallery Row, the property is minutes to Heisler Park, the beach, downtown Laguna Beach, shopping, and dining. Comprised of two legal parcels and four buildings, including two historic cottages listed on the City of Laguna Beach Historic Inventory. Buyers may qualify for Mills Act benefits, subject to their own investigation. The Myrtle Cottage is a 3-bedroom, 3-bath historic residence configured as two units: • Upper level: 2 bedrooms, 2 baths, kitchen, sun porch • Lower level: 1 bedroom with caterer’s kitchen and expansive veranda/sunroom, used for special events and owner’s quarters or office The Jacaranda Cottage is a charming single-level 1-bedroom, 1-bath home with large living room, sun porch, full kitchen, and laundry room. Two additional rear buildings (circa 1940) include two studio apartments, three one-bedroom apartments, and an additional sleeping room currently used as storage. The residences surround a lush, private central courtyard. Amenities include eight garages (one converted to laundry/storage) and three laundry areas. Operating continuously as short-term rentals since 2001, the property benefits from a rare, grandfathered, transferable permit that cannot be obtained again. A 14% Transient Occupancy Tax is paid to the City of Laguna Beach on stays under 31 days. Reservations are generated via Airbnb, Expedia, Booking.com, Visit Laguna Beach, and the property’s private website. Seller will only sell both parcels together. Sale subject to a concurrent 1031 exchange

506 N. Coast Hwy., Laguna Beach

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

4 Beds ⋅ 3 Baths ⋅ NP25196752 MLS ⋅ Active Status

Perfectly positioned just moments from the sands of Victoria Beach in South Laguna, this rare coastal triplex offers exceptional flexibility, ocean views, and compelling income potential in one of Orange County’s most desirable seaside enclaves. Ideal as a lifestyle investment, vacation getaway, or long-term hold with strong upside, the property is uniquely configured with three independent living spaces, each featuring full kitchens and living areas. An increasingly rare opportunity near the beach. The upper residence enjoys sweeping Pacific Ocean and Catalina Island views through expansive windows, creating a light-filled retreat with two bedrooms, one bath, a cozy fireplace, and a front-row seat to coastal sunsets. Below, a one-bedroom, one-bath residence with a charming loft provides additional versatility, while a detached one-bedroom cottage offers a private escape complete with its own stone patio and sun-drenched deck . Ideal for guests or rental use. Throughout the property, open-beam ceilings, abundant natural light, wood flooring, and inviting architectural details add warmth and timeless character. Two single-car garages provide valuable off-street parking. An undeniable asset this close to the sand. Whether enjoyed as a full-time residence with supplemental income, a multi-generational compound, or a pure investment play, the property offers multiple revenue streams and strong ARV potential in a premier coastal setting. Located just minutes from the Montage Resort, Victoria Beach with its iconic Pirate’s Tower, acclaimed restaurants, art galleries, and boutiques of downtown Laguna Beach, this is a rare opportunity to own a versatile, income-producing asset while embracing the quintessential Laguna Beach lifestyle.

2838 Wards Terrace, 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.