1553 Arroyo Dr

Laguna Beach, CA 92651
  • $2,150,000

    Price
  • 4

    Bed
  • 3

    Bath
  • 1,488

    SqFt

About the Listing LGBLC - LGLEBODER

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.

Listing Highlights

Status Active
Days on Site 9
Property Type Multi-Family
MLS ® LG26102380
Year Built 1929
Total Square Footage 1,488
Lot/Acreage 0.17

Interior Details

  • Bedrooms: 4
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating:
  • Fireplaces: Living Room
  • Floor: Vinyl,Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Bedroom on Main Level,Main Level Primary
  • Water: Public

Exterior Details

  • Lot Description: Back Yard,Garden,Landscaped,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof: Composition
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 64118122
  • Tax Year: N/A

Payment Calculator

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1553 Arroyo Dr Laguna Beach, CA 92651

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Originating MLS: CRMLS

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