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Property

Laguna Beach, CA 92651 1553 Arroyo Drive

1553 Arroyo Drive Laguna Beach, CA - Image 11553 Arroyo Drive Laguna Beach, CA - Image 21553 Arroyo Drive Laguna Beach, CA - Image 3
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Presented By: Derek LeBon with Bon Life Real Estate Corporation; 949-422-5937
  • MLS# LG26102380
  • 05/10/2026
  • Request Tour
  • Request Info
  • Baths • 1
  • SQFT • 1,488
  • Year Built • 1929

Home Details

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.
Presented By: Derek LeBon with Bon Life Real Estate Corporation; 949-422-5937

Interior Features for 1553 Arroyo Drive

Other Interior Features

Air Conditioning Y/NYes
Common Walls1 Common Wall
Fireplace FeaturesLiving Room
Fireplace Y/NYes
FlooringVinyl, Wood
Interior AmenitiesBedroom on Main Level, Main Level Primary
Laundry FeaturesLaundry Room, Upper Level
Total Stories2

Other Rooms

Entry Level1

General for 1553 Arroyo Drive

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate3.58
CityLaguna Beach
Community FeaturesBiking, Dog Park, Hiking, Near National Forest, Sidewalks
ContingencyNone
CoolingCentral Air
CountyOrange
DirectionsGPS
Electric Expense3000
Entry Location1, 2
Expected Active Date 2026-05-11
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income115200
HOANo
HOA Fee$
Insurance Expense4800
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to Existing Loan, Cash to New Loan, Conventional, Submit
Lot Size Square Feet7405
Lot Size UnitsSquare Feet
MLS AreaLC - Laguna Canyon
Net Operating Income77013
New ConstructionNo
Number Of Units Total2
Number of Units Leased0
Operating Expense34731
Pool FeaturesNone
PostalCityLAGUNA BEACH
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameCanyon (CYN)
Tax Lot1
Trash Expense0
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
ViewCanyon
Water Sewer Expense600
Year Built1929
Year Built SourcePublic Records

Exterior for 1553 Arroyo Drive

Building Area Total1488
Lot FeaturesBack Yard, Garden, Landscaped
Lot Size Acres0.17
Lot Size Area7405
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesDriveway
Private PoolNo
Total Parking0
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Justin Hughey

Price $2,150,000
MLS#LG26102380
List Date 05/10/2026
Property Type Multi-Family
Request Tour
Request Info

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