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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$5,995,000

Est. payment - /mo

3,920 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision South Laguna Village (Slv)

MLS Listing ID OC26091697

HOA Y/N No

Year Built 1932

Lot Size 3,920 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Orange

Area Sl - South Laguna

Interior

Fireplace No

Laundry Inside, Upper Level

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Suburban

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard

Story 3

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 64427608

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Parham Khoshbakhtian Parham Khoshbakhtian, Broker Parham.khoshbakhtian@marcusmillichap.com, DRE #01446947

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1953 S Coast Laguna Beach, CA 92651