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$2,050,000
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Property 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.
Full Property Details
Full Property Details for 1553 Arroyo Dr
General
- Sold For: $2,050,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: LG26102380
- Added to Site: 108 day(s) ago
Interior
- Rooms/Areas: Laundry, Main Floor Primary Bedroom, Main Floor Bedroom, Primary Bathroom
- Fireplace(s): Living Room
- Flooring: Vinyl, Wood
Rooms
Other Rooms
- Laundry: Individual Room, Upper Level
Additional Information
- Pool Description: None
Parking
- Parking Features: Driveway
- Parking: Driveway
Location
- Area: LC - Laguna Canyon
- County: Orange
- Development Name: LC - Laguna Canyon
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Roof: Composition
- Entry Location: 1, 2
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,488
- Year Built: 1929
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: Canyon
- Lot Size (Acres): 0.17
- Lot Size Source: Assessor
- Lot Description: Landscaped, Garden, Back Yard
Financial Considerations
- Price Per Sq. Ft.: $1,377.69
- Price Per Unit: 1075000
Listed by Bon Life Real Estate Corporation, Derek LeBon
Sold by Binesh Realty, Nick Binesh
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Schools
Schools serving 1553 Arroyo Dr
School District:Laguna Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
El Morro Elementary School 8681 North Coast Highway, Laguna Beach, CA 92651 | K-5 | 2.9 mi |
Thurston Middle School 2100 Park Avenue, Laguna Beach, CA 92651 | 6-8 | 0.6 mi |
Laguna Beach High School 625 Park Avenue, Laguna Beach, CA 92651 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1553 Arroyo Dr
Date
Details
Price
Change
Source
7/21/2026
Sold
$2,050,000
-4.65%
MLS
5/11/2026
Listed
$2,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1553 Arroyo Drive, Laguna Beach, CA 92651 (MLS# LG26102380) is a Multi-Family property that was sold at $2,050,000 on July 21, 2026. Want to learn more about 1553 Arroyo Drive? Do you have questions about finding other Multi-Family real estate for sale in Laguna Canyon? You can browse all Laguna Canyon real estate or contact a Coldwell Banker agent to request more information.

