1553 Arroyo Drive, Laguna Beach, California 92651
  • $2,150,000

Overview

Property ID: LG26102380
  • Duplex, Residential Income
  • Property Type
  • 1488 Sqft
  • Area Size
  • 1929
  • Year Built

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-inventory market with strong historical appreciation Year-round rental demand driven by tourism, arts community, and remote-work professionals The Investment Case Dual-income duplex with immediate cash flow House-hack opportunity: live in one unit, offset ownership costs with the other Multigenerational compound potential Long-term hold play in a supply-constrained, brand-name coastal market Value-add potential through rent optimization, short-term/mid-term rental strategy (subject to local regulations), or future redevelopment of the lot Properties like this — true duplexes on large lots in Laguna Canyon — rarely come to market. A grounded opportunity for the investor who values scarcity, location, and durable demand.

  • Address: 1553 Arroyo Drive
  • City: Laguna Beach
  • State/county: CA
  • Zip/Postal Code: 92651
  • Country: US

Details

Updated on July 21, 2026 at 6:49 pm
  • Property ID LG26102380
  • Price $2,150,000
  • Property Size 1488 Sqft
  • Land Area 0.17 Acres
  • Year Built 1929
  • Property Type Duplex, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Submit
  • Roof Composition
  • Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sewer Public Sewer
  • Cooling Central Air
  • Flooring Vinyl, Wood
  • County Orange
  • Property Type Residential Income
  • Pool None
  • Parking Driveway
  • Community Features Biking, Dog Park, Hiking, Near National Forest, Sidewalks

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