1953 S Coast, Laguna Beach, CA 92651
Local realty services provided by:CENTURY 21 Classic Estates
1953 S Coast,Laguna Beach, CA 92651
$5,995,000
- - Beds
- - Baths
- 3,043 sq. ft.
- Multi-family
- Active
Listed by: parham khoshbakhtian
Office: parham khoshbakhtian, broker949-929-5901
MLS#:OC26091697
Source:CRMLS
Price summary
- Price:$5,995,000
- Price per sq. ft.:$1,970.1
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 play....
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Home facts
- Year built:1932
- Listing ID #:OC26091697
- Added:2 day(s) ago
- Updated:May 01, 2026 at 10:31 AM
Rooms and interior
- Living area:3,043 sq. ft.
Structure and exterior
- Year built:1932
- Building area:3,043 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Back Yard
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,995,000
- Price per sq. ft.:$1,970.1
Features and amenities
- Laundry features:Inside
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:1
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