1553 Arroyo Drive Laguna Beach, CA 92651
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Canyon (Cyn)
MLS Listing ID LG26102380
HOA Y/N No
Year Built 1929
Lot Size 7,405 Sqft
Property Sub-Type Duplex
Property Description
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
Special Listing Condition Standard
Lease Land No
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