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1553 Arroyo Drive
1553 Arroyo Drive
1553 Arroyo Drive
1553 Arroyo Drive
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Listed by Derek LeBon with Bon Life Real Estate Corporation 949-422-5937
$2,150,000

1553 Arroyo Drive

1,488 Sq.Ft. 7,405 Sq.Ft.

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.

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Location

1553 Arroyo Drive, Laguna Beach, CA 92651

Status

For Sale
Derek LeBon

Derek LeBon

TITLE

Founder

LICENSE

02045275

Property Amenities

Interior
Laundry room Laundry Room, Upper Level
Fireplace Living Room
Flooring Vinyl, Wood
Other Interior Features Bedroom on Main Level, Main Level Primary
Area & Lot
Total area 1,488 Sq.Ft.
Lot Area 7,405 Sq.Ft.
Living area 1,488 Sq.Ft.
MLS® ID LG26102380
Year Built 1929
View Description Canyon
Type Multi-Family
Status For Sale
Exterior
Stories 2
Pool None
Air conditioning Central Air
Water Source Public
Sewer Public Sewer
Parking Driveway
Lot Features Back Yard, Garden, Landscaped
Roof Composition
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Finance
Sales Price $2,150,000
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