1953 Coast, Laguna Beach, CA 92651
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1953 Coast,Laguna Beach, CA 92651
$5,495,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: parham khoshbakhtian
Office: parham khoshbakhtian, broker
MLS#:OC26091697
Source:MLSListings
Price summary
- Price:$5,495,000
About this home
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 pla...
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Home facts
- Year built:1932
- Listing ID #:OC26091697
- Added:51 day(s) ago
- Updated:June 30, 2026 at 04:31 PM
Structure and exterior
- Year built:1932
- Lot area:0.09 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$5,495,000
Features and amenities
- Laundry features:Upper Floor
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