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"Where Vision Meets the View" | Laguna Beach Oceanfront Investment Compound (Ideal for 1031 Exchange | Multi-Family | Development Opportunity) Some assets redefine what's possible. This one does both delivering immediate income, long-term upside, and irreplaceable oceanfront frontage in the heart of Laguna's legendary HIP District. Perched above the sand on a rare double blufftop lot exceeding 10,000 sq ft, this property offers 50 ft. of linear ocean frontage and a private staircase directly to Cress Cove putting you front row to one of the most iconic coastlines in the world. The Property -- Detached SFR: 4 Bedrooms + Office | 4 Baths | No shared walls Three Condos: Each 2 Bedrooms | 2 Baths - ideal for luxury leasing or long-term income Bonus Level: Flexible pool house / studio / gym / media retreat with potential to become a 5th legal unit Private Pool Terrace + 4-Car Garage Multiple Addresses + Gated Compound Layout Investment Highlights -- Four existing income producing residences with diverse use potential Bonus space with 5th unit potential adds immediate value add opportunity 1031 exchange ready with strong (income to land) value ratio Redevelopment upside: One of the few oceanfront double lots zoned for multi-family/multi-address use Prime location: Steps to Surf & Sand Resort, art galleries, cafés, and the cultural heart of Laguna Village Whether held as a cash flowing investment, repositioned as a boutique oceanfront portfolio, or reimagined as a trophy redevelopment, this property is a once in a generation acquisition for those who understand that true oceanfront land is the rarest asset of all Where vision meets the view and opportunity meets the ocean!
| DAYS ON MARKET | 58 | LAST UPDATED | 10/27/2025 |
|---|---|---|---|
| TRACT | The Village (VIL) | YEAR BUILT | 1972 |
| COMMUNITY | LV - Laguna Village | GARAGE SPACES | 4.0 |
| COUNTY | Orange | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Range, Convection Oven, Dishwasher, Disposal, Freezer, Gas Range, Range Hood, Refrigerator |
| AREA | LV - Laguna Village |
| CONSTRUCTION | Concrete |
| EXTERIOR | Awning(s), Balcony, Lighting |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Forced Air |
| INTERIOR | Built-in Features, Open Floorplan, Recessed Lighting |
| LOT | 10454 sq ft |
| LOT DESCRIPTION | Bluff, Near Public Transit |
| LOT DIMENSIONS | 10454 |
| PARKING | Attached Carport, Concrete, Electric Vehicle Charging Station(s), Garage, Golf Cart Garage, Garage Door Opener, On Site, Private, Side By Side |
| POOL | Yes |
| POOL DESCRIPTION | Private, In Ground |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Custom |
| SUBDIVISION | The Village (VIL) |
| UTILITIES | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Ocean, Panoramic, Water |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Beach Access, Beach Front, Ocean Access, Ocean Front |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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