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1953 S Coast
For Sale $5,995,000 ($1,970.10 per Sq Ft)
$5,995,000 ($1,970.10 per Sq Ft)
- 2 Units
- 3,043 Sq Ft
- 3,920 Sq Ft
- Unknown Cap Rate
Description
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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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $5,995,000 |
| Property Type | Flex Space |
| Usable Sqft | 3,043 |
| Number of Stories | 3 stories |
| Parking Spots | 1 spots |
| Year Built | 1932 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 64427608 |
| MLS # | OC26096415 |
| Property ID | 322816412 |
| Lot Sqft | 3,920 |
| Zoning | Unknown |
| Total Units | 2 |
| Days on Market | 28 |
| Original List Price | $5,995,000 |
| Date Updated | May 04, 2026 |
| Date Created | May 04, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Parham Khoshbakhtian an agent of . Lic #01446947
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 04, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT