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.
Property Type(s):
Single Family
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AREA |
SL - South Laguna |
| FIREPLACE |
Yes |
| GARAGE |
Attached Garage, Yes |
| LOT |
3920 sq ft |
| LOT DESCRIPTION |
Landscaped |
| LOT DIMENSIONS |
3920 |
| PARKING |
Attached |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
3+ |
| SUBDIVISION |
South Laguna Bluffs (SLB) |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Ocean, Panoramic |
| WATER |
Public |
Location
Listed with Parham Khoshbakhtian, Broker
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