1553 Arroyo Drive, Laguna Beach 92651

$2,050,000

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4

Beds

3

Baths

7,405

Lot Size

2

# Of Units

About 1553 Arroyo Drive

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.

Features of 1553 Arroyo Drive

MLS® # LG26102380
Price $2,150,000
Sold Price $2,050,000
Bedrooms 4
Bathrooms 3.00
Lot Sqft 7,405
Acres 0.17
Year Built 1929
Type Residential Income
Sub-Type Duplex
Status Closed
# Of Units 2

Community Information

Address 1553 Arroyo Drive
Area LC - Laguna Canyon
Subdivision Canyon (CYN)
City Laguna Beach
County Orange
Zip Code 92651

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Parking Driveway
Garages Driveway
View Canyon
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Vinyl, Wood
Interior Features Bedroom on Main Level, Main Level Primary
Cooling Central Air
Has Basement No
Fireplace Yes
Fireplaces Living Room
# of Stories 2
Stories Two

Exterior

Lot Description Back Yard, Garden, Landscaped
Roof Composition

Additional Information

Date Listed May 10th, 2026
Date Sold July 21st, 2026
Days on Market 30
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDerek Lebon
OfficeBon Life Real Estate Corporation

Listing Map

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