1553 Arroyo Drive Laguna Beach, CA 92651
Listing Courtesy of: CRMLS / Bon Life Real Estate Corporation / Derek Lebon - Contact:  949-422-5937

  1553 Arroyo Drive Laguna Beach, CA 92651

Active
$2,150,000 (USD)

Description

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.

MLS #:
LG26102380
Lot Size
7,405 SQFT
Type
Multifamily
Year Built
1929
Views
Canyon
County
Orange County
Community
Canyon (Cyn)

Listed By

Derek Lebon, Bon Life Real Estate Corporation, Contact: 949-422-5937
Source
CRMLS
Last checked May 12 2026 at 12:23 AM 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
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {5/11/26 17:23} 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.