


Listing Courtesy of: CRMLS / Listed By: Derek Lebon, Bon Life Real Estate - Contact: 949-422-5937
1553 Arroyo Drive Laguna Beach, CA 92651
Active (9 Days)
$2,150,000 (USD)
1,488
SQFT
Description
MLS #:
LG26102380
LG26102380
Lot Size
7,405 SQFT
7,405 SQFT
Type
Multifamily
Multifamily
Year Built
1929
1929
Views
Canyon
Canyon
County
Orange County
Orange County
Community
Canyon (Cyn)
Canyon (Cyn)
Listed By
Derek Lebon, Bon Life Real Estate, Contact: 949-422-5937
Source
CRMLS
Last checked May 20 2026 at 10:09 PM GMT+0000
CRMLS
Last checked May 20 2026 at 10:09 PM GMT+0000
Bathroom Details
Interior Features
- Laundry: Upper Level
- Laundry: Laundry Room
- Main Level Primary
Subdivision
- Canyon (Cyn)
Lot Information
- Back Yard
- Landscaped
- Garden
Property Features
- Fireplace: Living Room
Heating and Cooling
- Central Air
Flooring
- Wood
- Vinyl
Exterior Features
- Roof: Composition
Utility Information
- Utilities: Phone Connected, Water Connected, Sewer Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Water Source: Public
- Sewer: Public Sewer
Parking
- Driveway
Stories
- 2
Additional Information: Bon Life Real Estate Corporation | 949-422-5937
Location
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {5/20/26 15:09} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
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.