Laguna Beach, CA 92651 1553 Arroyo Drive
$2,150,000
Pending



49 more

















































Presented By: Derek LeBon with Bon Life Real Estate Corporation; 949-422-5937
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 WallsOneCommonWall
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringVinyl, Wood
Interior AmenitiesBedroomOnMainLevel, MainLevelPrimary
Laundry FeaturesLaundryRoom, UpperLevel
Total Stories2
Other Rooms
Entry Level1
General for 1553 Arroyo Drive
Additional Parcels Y/NNo
Building Area UnitsSquareFeet
Cap Rate3.58
CityLaguna Beach
Community FeaturesBiking, DogPark, Hiking, NearNationalForest, Sidewalks
ContingencyNone
CoolingCentralAir
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, CashToExistingLoan, CashToNewLoan, Conventional, Submit
Lot Size Square Feet7405
Lot Size UnitsSquareFeet
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 TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count2
Subdivision NameCanyon (CYN)
Tax Lot1
Trash Expense0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
ViewCanyon
Water Sewer Expense600
Year Built1929
Year Built SourcePublicRecords
Exterior for 1553 Arroyo Drive
Building Area Total1488
Lot FeaturesBackYard, 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
Josh Russell
Realtor®

SQFT • 1,488