1553 Arroyo Drive, Laguna Beach, CA 92651

$2,050,000

$2,150,000

4.7%
Est.Price: ?

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Est. payment /mo

7,405 Sqft Lot


SOLD DATE : 07/21/2026

Key Details

Sold Price $2,050,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Canyon (Cyn)

MLS Listing ID LG26102380

Sold Date 07/21/26

HOA Y/N No

Year Built 1929

Lot Size 7,405 Sqft

Property Sub-Type Duplex

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-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.

Location

State CA

County Orange

Area Lc - Laguna Canyon

Interior

Interior Features Bedroom on Main Level, Main Level Primary

Cooling Central Air

Flooring Vinyl, Wood

Fireplaces Type Living Room

Fireplace Yes

Laundry Laundry Room, Upper Level

Exterior

Parking Features Driveway

Pool None

Community Features Biking, Dog Park, Hiking, Near National Forest, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View Y/N Yes

View Canyon

Roof Type Composition

Private Pool No

Building

Lot Description Back Yard, Garden, Landscaped

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 64118122

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Submit

Financing Conventional

Special Listing Condition Standard

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Listed by Derek LeBon Bon Life Real Estate Corporation 949-422-5937, DRE #02045275
Bought with Nick Binesh Binesh Realty

Nearby Locations

George Cardenas
George Cardenas

Agent | License ID: 01937063

+1(562) 413-4431 | georgecardenasre@gmail.com

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