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$5,995,000
Est. payment /mo
3,920 Sqft Lot
New
1953 S Coast Laguna Beach, CA 92651
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Key Details
Property Type Single Family Home
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.
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

Listed by Parham Khoshbakhtian Parham Khoshbakhtian, Broker Parham.khoshbakhtian@marcusmillichap.com, DRE #01446947
NEARBY SCHOOL & BUSINESS
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