Laguna Beach Homes with Mixed Use Subtype

Discover a truly exceptional trophy property, a rare investment opportunity in the heart of North Laguna Beach. Offered for the first time in years, this unique multi-family estate is set on an expansive, park-like lot featuring lush lawns, mature trees, and beautifully landscaped grounds that create a peaceful retreat just moments from the ocean. The property consists of three well-maintained residential buildings: two charming single-level duplexes and a triplex situated above five private garages with convenient rear alley access. The two duplexes each offer spacious one-bedroom bungalow-style residences, while the triplex includes a studio, a generous one-bedroom apartment, and a large two-bedroom, one-bath residence. Each unit has been thoughtfully designed with abundant natural light, large windows, attractive hardwood floors, private outdoor patio space, and either a dedicated garage or reserved off-street parking. Residents also enjoy a shared laundry facility, while the duplex units include their own laundry hookups. With long-term tenants and historically low vacancy, the property has enjoyed consistent demand thanks to its tranquil setting and unbeatable location. Current rental rates are below market, presenting a compelling opportunity for future income growth while maintaining a highly desirable tenant base. Ideally located just two blocks from the iconic Heisler Park, the property is within easy walking distance of Main Beach, renowned art galleries, acclaimed restaurants, boutique shopping, and public transportation. Combining an irreplaceable location, stable income, and significant upside potential, this is a legacy asset rarely available in one of Laguna Beach's most sought-after neighborhoods.

379 Aster, Laguna Beach

$6,800,000

OC26142522 MLS ⋅ Active Status

An Irreplaceable Coastal Trophy Asset in the Heart of The Village Rarely does an opportunity arise to acquire a true mixed-use trophy property in the heart of The Village, Laguna Beach’s most coveted coastal neighborhood. Combining exceptional income, irreplaceable location, panoramic ocean views, and meaningful future upside in one of the world’s most prestigious beach communities. The property features four residential residences and one prominent two-story street-front commercial building, creating a highly desirable income-producing asset with long-term appreciation potential. Its defining feature is an exceptionally rare rooftop deck spanning more than 1,200 square feet, offering breathtaking views of the Pacific Ocean, Catalina Island, the Laguna coastline, and the vibrant Village below. Even more remarkable, every residential unit enjoys ocean views A beautifully landscaped courtyard centered around a magnificent mature tree creates a peaceful private retreat, while the commercial space enjoys prime South Coast Highway frontage in one of Orange County’s most desirable retail corridors. With an outstanding Walk Score® of 94, residents and guests are just steps from world-class beaches, acclaimed restaurants, art galleries, luxury boutiques, and entertainment. The property also offers an extraordinary 17 off-street parking spaces, an amenity that is exceptionally rare in downtown Laguna Beach. Fully renovated in 2018, the property includes highly coveted short-term rental permits for two residential units, providing valuable income flexibility. Future upside is equally compelling. A completed feasibility study with the City of Laguna Beach confirms the ability to add approximately 500 additional square feet. At today’s pricing, that expansion represents the potential to create over $800,000 in additional value, while contractor estimates place the cost of construction at approximately $100,000, including roof reinforcement and an expanded rooftop deck. Additional rental upside also exists as leases mature and rents move toward market rates. Premier coastal investments are not valued solely by cap rate. They command premium pricing because of what cannot be recreated location, scarcity, and enduring desirability. Properties offering ocean views from every residence, substantial parking, rooftop entertaining space, short-term rental income, and future expansion opportunities are exceptionally scarce in downtown Laguna Beach.

618 S Coast Highway, Laguna Beach

$6,800,000

OC26141223 MLS ⋅ Active Status

An Irreplaceable Coastal Trophy Asset in the Heart of The Village Rarely does an opportunity arise to acquire a true mixed-use trophy property in the heart of The Village, Laguna Beach’s most coveted coastal neighborhood. Combining exceptional income, irreplaceable location, panoramic ocean views, and meaningful future upside in one of the world’s most prestigious beach communities. The property features four residential residences and one prominent two-story street-front commercial building, creating a highly desirable income-producing asset with long-term appreciation potential. Its defining feature is an exceptionally rare rooftop deck spanning more than 1,200 square feet, offering breathtaking views of the Pacific Ocean, Catalina Island, the Laguna coastline, and the vibrant Village below. Even more remarkable, every residential unit enjoys ocean views A beautifully landscaped courtyard centered around a magnificent mature tree creates a peaceful private retreat, while the commercial space enjoys prime South Coast Highway frontage in one of Orange County’s most desirable retail corridors. With an outstanding Walk Score® of 94, residents and guests are just steps from world-class beaches, acclaimed restaurants, art galleries, luxury boutiques, and entertainment. The property also offers an extraordinary 17 off-street parking spaces, an amenity that is exceptionally rare in downtown Laguna Beach. Fully renovated in 2018, the property includes highly coveted short-term rental permits for two residential units, providing valuable income flexibility. Future upside is equally compelling. A completed feasibility study with the City of Laguna Beach confirms the ability to add approximately 500 additional square feet. At today’s pricing, that expansion represents the potential to create over $800,000 in additional value, while contractor estimates place the cost of construction at approximately $100,000, including roof reinforcement and an expanded rooftop deck. Additional rental upside also exists as leases mature and rents move toward market rates. Premier coastal investments are not valued solely by cap rate. They command premium pricing because of what cannot be recreated location, scarcity, and enduring desirability. Properties offering ocean views from every residence, substantial parking, rooftop entertaining space, short-term rental income, and future expansion opportunities are exceptionally scarce in downtown Laguna Beach.

618 S Coast Highway, Laguna Beach

$5,495,000

4 Beds ⋅ 4 Baths ⋅ OC26096415 MLS ⋅ Active Status

1953 S Coast Hwy is a beautifully renovated coastal home in Laguna Beach offering 180-degree ocean views, multi level living, and a rare combination of lifestyle, flexibility, and income potential that's virtually impossible to find anywhere else on the California coast. Spanning approximately 3,043 SF across three levels on a 4,000 SF lot, the residence features 4 bedrooms, 4 bathrooms, and expansive open living spaces designed to capture sweeping Pacific views. The home includes sound-insulated walls to reduce road noise, a private backyard with jacuzzi, solar, EV charging, a one-car garage, and an additional driveway space, plus 6 City of Laguna Beach street parking permits. What sets this property apart is its versatility. A ground-level retail suite opens the door for professionals, attorneys, jewelers, designers, or craftspeople looking to run a home-based business with a genuine storefront presence, a rare find in one of Southern California's most sought-after communities. The space is currently leased month to month at an estimated market rent of $4,000 per month, providing immediate income while leaving full flexibility for future use. The home also carries an active, transferable short term lodging permit, already within Laguna Beach's strictly capped inventory and running with the land. Whether you choose to rent occasionally, generate income while traveling, or activate it more fully down the road, this permit represents a durable, difficult to replicate asset that keeps your options open. Live here full time, work from home in style, and let the property pay for itself. Opportunities like this in Laguna Beach simply don't come available.

1953 S Coast, Laguna Beach

$5,495,000

OC26091697 MLS ⋅ Active Status

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.

1953 S Coast, Laguna Beach

$3,650,000

LG26086358 MLS ⋅ Active Under Contract Status

Located in the heart of Laguna Beach’s Village District, this property offers a unique investment opportunity with multiple income streams. The two commercial leases generate $6,000 per month, totaling $72,000 annually, while the Airbnb rental produced $120,221.33 last year. Just steps from Cleo Beach, the property sits 100 yards from Ralphs and shares an alley with The Deck and Driftwood Kitchen—two of Laguna’s most iconic beachfront restaurants. It’s also a short distance from the Main Beach and downtown. The Airbnb unit is a stylish 2-bedroom, 1-bath retreat that sleeps six. Guests enjoy modern amenities, including: Bedrooms: Both feature king-size beds, 43” TVs, and dressers. A queen air mattress is available upon request. Climate Control: Equipped with a mini-split AC and heating system, a rare luxury in Laguna Beach. Kitchen: A gourmet eat-in space with stainless steel appliances, granite countertops, a 6-burner gas range, and double ovens—perfect for entertaining. Living Area: A spacious sectional sofa, and a 65” Samsung TV make it an ideal place to unwind after a day at the beach. Parking: A covered carport fits one car.

689 S Pacific Coast Hwy Unit 4, Laguna Beach

$4,750,000

OC26026186 MLS ⋅ Active Status

• On the Market for the 1st time in over 30 years! • Compelling opportunity to acquire a cash-flowing asset in Laguna Beach • Eight-unit mixed-use property featuring retail and office spaces • Diversified income from short-term tenancy • Exceptional Coast Highway exposure with prominent signage • Just steps from the Laguna Beach coastline • Ideal for Investors or Users pursuing a generational, long-term hold • Positioned within one of California’s most coveted beach markets

1178 N Coast Highway, Laguna Beach

$979,000

NP25270552 MLS ⋅ Active Status

Unique Live-In Artist Home/Studio on Laguna Canyon built in 1990 just a half mile from the Festival of the Arts located in the Big Bend "artisan" area of Laguna Canyon. Dream opportunity for an Artist to work and live in the same space. This unique property has two-level industrial art studio. You would own half of the 5068 sq. ft. The 1100 square foot studio/shop has 16 foot ceiling and full height roll-up door, an enclosed dirty/clean room, a shared ¾ bath, an overhead tract and hoist running the length of the shop, as well as a 350 sq. ft. finished mezzanine that looks down into the warehouse. Sitting above the studio/shop is a roomy 900+ square foot 1 bedroom home. From this second story home there are beautiful views of the natural open space from the rear balcony and from the front bedroom. The living quarters have a nice open floorplan with a large living room with vaulted ceilings, kitchen, large master bedroom with a large walk-in closet and full bathroom. The offering is for a 1/2 interest of the 5068 sq. ft (partnership for maintenance, similar to duplex). Located within walking distance to Laguna College of Art and Design. Live and work in Laguna Beach!!

2375 Laguna Canyon Road, Laguna Beach

$6,900,000

LG25118563 MLS ⋅ Active Under Contract Status

Located just blocks from the sand, these properties offer excellent street frontage and flexibility for a wide range of uses. The LBP zoning allows for a broad range of commercial and residential activities subject to permits from the City. 240 Thalia and 855 Glenneyre has all the charm and potential you’d expect from one of Southern California’s most iconic coastal towns. The existing setup includes multiple storefronts that have previously housed a plumbing business, a popular health food stand, and a bicycle shop. Each space has its own character, with large street-facing windows, great visibility, and tons of foot traffic from nearby shops, cafes, and art galleries. It’s conveniently located near public parking and local transit, making it easy for customers and clients to visit.

240 Thalia Street, Laguna Beach

Laguna Beach Homes with Mixed Use Subtype

Newest Laguna Beach Homes with Mixed Use Subtype