Laguna Beach Real Estate | Laguna Beach Multi-Family Homes for Sale

Two Detached Homes in Laguna Village. A short walk to Thalia Street Beach, 380 and 382 Thalia offer two detached, single-level homes on one R-2 lot in the heart of Laguna Village. Set among mature landscaping, fountains, fruit trees and stone pathways, the property offers privacy while remaining close to beaches, restaurants, galleries and downtown. The front home has two en-suite bedrooms, vaulted ceilings, a large living area with fireplace and built-ins, an updated kitchen with center island, and several private patios. An oversized two-car garage provides substantial storage and a 220-volt EV outlet, with two additional on-site parking spaces. The separate rear cottage has hardwood floors, a fireplace, Dutch-door entry, and a private stone patio. The two-home configuration works well for extended family, guests, rental income, or an owner who wants to live in one home and rent the other. Other features include separate electric meters, individual split systems, a newer roof, a tankless water heater, whole-house water filtration, a whole-house fan, an outdoor shower, and well-maintained landscaping. The R-2 zoning may provide additional possibilities, subject to buyer investigation and City approval. Partially staged. Buyer and buyer’s agent to independently verify square footage, permits, included appliances, schools, property features, zoning, and all other information deemed important to buyer.

382 Thalia, Laguna Beach

$2,795,000

LG26185112 MLS ⋅ Active Status

Rare North Laguna Compound — Ocean Views and Endless Possibilities! Discover an exceptional opportunity in highly desirable North Laguna. This flexible, ocean-view, coastal compound offers approximately 1,999 sq. ft. of total living space, comprising a 1,758 sq. ft. duplex and a 241 sq. ft. detached guest unit (currently in process for ADU approval). Featuring 4 bedrooms and 3 bathrooms, along with the studio, this property is thoughtfully configured for flexibility offering a variety of possibilities such as an owner user, owner-occupancy with income, multigenerational living, or a premium long-term investment. Both residences offer comfortable living spaces with abundant natural light, coastal breezes, and a strong connection to the surrounding outdoor areas. The upper residence enjoys elevated neighborhood and expansive ocean views, while the lower residence opens to shared front and rear yards with ocean views and city lights from the outdoor spaces. Each residence offers its own appeal while providing the relaxed indoor-outdoor lifestyle that defines North Laguna. The detached rear guest unit (potential future ADU), with its own private garden adds another layer of versatility, creating additional space for guests, a home office, creative studio, or rental income. The flat lot and shared outdoor areas provide room for entertaining, dining, relaxing, and enjoying the coastal setting—an increasingly valuable feature in North Laguna. Additional features include a garage, driveway parking, rear alley access, shared laundry, and on-site storage. Located near Diver’s Cove, Fisherman’s Cove, Heisler Park, beaches, restaurants, galleries, shops, and coastal trails, this property places the best of North Laguna within easy reach. With its rare combination of multiple residences, a future detached ADU, outdoor space, views, and location, this is an exceptional opportunity to own a flexible coastal property in one of Laguna Beach’s most desirable neighborhoods.

272 Beverly, Laguna Beach

$4,995,000

5 Beds ⋅ 5 Baths ⋅ LG26173895 MLS ⋅ Active Status

Nestled in the heart of Laguna Village, this private gated compound is a rare opportunity where the charm and character of the 1920s meet an elevated modern aesthetic. Originally built in 1921 and thoughtfully reimagined, the property features three fully remodeled, individual residences totaling five bedrooms and five baths, each with its own kitchen and thoughtfully curated finishes throughout—creating an incredibly versatile setting for family, friends, guests or extended stays. The original Craftsman cottage retains the warmth and soul of its era with a covered front porch, vaulted ceilings, exposed beams and original architectural details, complemented by engineered wood flooring, a beautifully updated kitchen with Calacatta quartz countertops and custom cabinetry, and thoughtfully finished baths. Two additional detached cottages offer their own distinct living spaces and a sense of privacy and independence rarely found in the Village. Equally impressive is the expansive outdoor space, where lush landscaping, string lights and bamboo fencing create a private retreat designed for entertaining and quintessential Laguna living. A jacuzzi, outdoor fireplace, fire pit, built-in barbecue, covered patio, and outdoor shower create multiple spaces to gather, unwind and enjoy the coastal lifestyle. Just steps from the beach and some of Laguna’s best restaurants, shops and galleries, this property offers a unique combination of historic character, modern luxury and exceptional versatility in one of the Village’s most desirable locations.

469 Oak, Laguna Beach

$16,995,000

LG26152380 MLS ⋅ Active Status

Experience elevated coastal living in this rare oceanfront property with direct beach access, overlooking breaking waves, Catalina Island, city lights, and the Pacific Ocean from its premier setting within Laguna Beach Village. Recently upgraded, the property offers unobstructed ocean views and effortless access to dining, boutiques, and galleries that define Laguna’s lifestyle. Floor-to-ceiling windows capture sweeping ocean vistas and natural light throughout the main living areas, which open to multiple private decks. The property consists of three separate residences, each with private beach access, outdoor space and individual entrances. Outdoor living areas include an expansive oceanfront patio and decks designed for entertaining and relaxation while enjoying panoramic coastline views, sunsets, and the sound of the waves. The top residence is approximately 1,700 square feet with two bedrooms and two-and-one-half bathrooms. The open floor plan includes a flexible room that may function as a bedroom or an office. The primary suite enjoys ocean views from bed and opens to private balconies overlooking the ocean. The middle residence is the largest of the three and features a spacious design for comfortable everyday living and entertaining. Encompassing approximately 2,613 square feet with three bedrooms and three bathrooms, the two-level layout offers a seamless open floor plan oriented toward the coastline. The main living areas flow to an expansive resort-style deck, while additional private balconies extend from the bedrooms. A secondary living room enjoys expansive coastal views, creating an inviting space for refined living. The lower residence offers approximately 1,737 square feet with two bedrooms and two bathrooms, an additional living room provides a comfortable gathering space with a built-in wet bar, access to a spacious deck, and direct access to the sand. A gated entry, multiple garages, and a private driveway provide ample parking. Ideally located within Laguna Beach Village in the HIP District, the property offers convenient access to renowned restaurants, galleries, shops, beaches, and scenic coastal trails. World-class resorts including Montage Laguna Beach, Surf & Sand Resort, and The Resort at Pelican Hill are also nearby. This property presents a rare opportunity to own an oceanfront compound in one of Laguna Beach’s most desirable coastal locations, ideal as a second home, a full-time residence, or multi-generational retreat.

921 Gaviota Drive, Laguna Beach

$3,940,000

LG26143859 MLS ⋅ Active Status

260 & 270 Arch Street, Laguna Beach, CA 92651 — Upper Victoria Beach- View Duplex An incredible ocean view side-by-side luxury duplex in the heart of Woods Cove, offering two beautifully updated units with breathtaking white-water, Catalina Island, and coastline views — plus some of the most spectacular sunsets on the California coast. 270 Arch Street — Owner's Unit | 3 Bed / 3 Bath | 2,200 Sq Ft | 2-Car Attached Garage The spacious and updated 3-bedroom, 3-bathroom owner's unit showcases endless Catalina, coastline, and Catalina views from nearly every living space. Soaring cathedral ceilings, custom built-ins, two fireplaces, and an open great-room concept create an inviting flow throughout. A walk-in wet bar makes entertaining effortless, while two private decks extend the living space outdoors — the main deck delivers a postcard view of the ocean, Catalina Island, and unforgettable sunsets. The chef's kitchen is appointed with a 6-burner Thermador gas cooktop with griddle, Dacor double oven, large center island, and custom cabinetry. An attached 2-car garage with direct access completes this turnkey coastal retreat. 260 Arch Street — Guest Unit | 2 Bed / 2 Bath | 1,300 Sq Ft | 2-Car Attached Garage The stunning second unit is a 2-bedroom, 2-bathroom ocean view residence, updated with an open great room, soaring cathedral ceilings, fireplace, contemporary kitchen, and spa-inspired baths. A private ocean view deck captures the sea breeze and sparkling Pacific. A separate attached 2-car garage with direct access offers the same effortless convenience as the main unit. A rare opportunity to own a fully updated, dual-income or multi-generational coastal property in one of Laguna Beach's most coveted seaside enclaves — just moments from Woods Cove beach, the Village, and world-class dining.

260 Arch, Laguna Beach

$5,100,000

LG26142870 MLS ⋅ Active Under Contract Status

Discover a truly exceptional trophy property, a rare investment opportunity in the heart of North Laguna Beach. Offered for the first time in years, this unique multi-family estate is set on an expansive, park-like lot featuring lush lawns, mature trees, and beautifully landscaped grounds that create a peaceful retreat just moments from the ocean. The property consists of three well-maintained residential buildings: two charming single-level duplexes and a triplex situated above five private garages with convenient rear alley access. The two duplexes each offer spacious one-bedroom bungalow-style residences, while the triplex includes a studio, a generous one-bedroom apartment, and a large two-bedroom, one-bath residence. Each unit has been thoughtfully designed with abundant natural light, large windows, attractive hardwood floors, private outdoor patio space, and either a dedicated garage or reserved off-street parking. Residents also enjoy a shared laundry facility, while the duplex units include their own laundry hookups. With long-term tenants and historically low vacancy, the property has enjoyed consistent demand thanks to its tranquil setting and unbeatable location. Current rental rates are below market, presenting a compelling opportunity for future income growth while maintaining a highly desirable tenant base. Ideally located just two blocks from the iconic Heisler Park, the property is within easy walking distance of Main Beach, renowned art galleries, acclaimed restaurants, boutique shopping, and public transportation. Combining an irreplaceable location, stable income, and significant upside potential, this is a legacy asset rarely available in one of Laguna Beach's most sought-after neighborhoods.

379 Aster, Laguna Beach

$6,800,000

OC26142522 MLS ⋅ Active Status

An Irreplaceable Coastal Trophy Asset in the Heart of The Village Rarely does an opportunity arise to acquire a true mixed-use trophy property in the heart of The Village, Laguna Beach’s most coveted coastal neighborhood. Combining exceptional income, irreplaceable location, panoramic ocean views, and meaningful future upside in one of the world’s most prestigious beach communities. The property features four residential residences and one prominent two-story street-front commercial building, creating a highly desirable income-producing asset with long-term appreciation potential. Its defining feature is an exceptionally rare rooftop deck spanning more than 1,200 square feet, offering breathtaking views of the Pacific Ocean, Catalina Island, the Laguna coastline, and the vibrant Village below. Even more remarkable, every residential unit enjoys ocean views A beautifully landscaped courtyard centered around a magnificent mature tree creates a peaceful private retreat, while the commercial space enjoys prime South Coast Highway frontage in one of Orange County’s most desirable retail corridors. With an outstanding Walk Score® of 94, residents and guests are just steps from world-class beaches, acclaimed restaurants, art galleries, luxury boutiques, and entertainment. The property also offers an extraordinary 17 off-street parking spaces, an amenity that is exceptionally rare in downtown Laguna Beach. Fully renovated in 2018, the property includes highly coveted short-term rental permits for two residential units, providing valuable income flexibility. Future upside is equally compelling. A completed feasibility study with the City of Laguna Beach confirms the ability to add approximately 500 additional square feet. At today’s pricing, that expansion represents the potential to create over $800,000 in additional value, while contractor estimates place the cost of construction at approximately $100,000, including roof reinforcement and an expanded rooftop deck. Additional rental upside also exists as leases mature and rents move toward market rates. Premier coastal investments are not valued solely by cap rate. They command premium pricing because of what cannot be recreated location, scarcity, and enduring desirability. Properties offering ocean views from every residence, substantial parking, rooftop entertaining space, short-term rental income, and future expansion opportunities are exceptionally scarce in downtown Laguna Beach.

618 S Coast Highway, Laguna Beach

$4,200,000

5 Beds ⋅ 5 Baths ⋅ OC26129323 MLS ⋅ Active Status

Welcome to Woods Cove Stunning Ocean-View Triplex in Laguna Beach. Use as investment or live in one side and receive income to offset mortgage. Perched in the heart of Laguna Beach on a 7405 sq ft lot, this exceptional modern triplex, designed by renowned architect Morris Skenderian, offers breathtaking ocean views and a prime investment opportunity. Each unit boasts ocean view, dedicated parking, private laundry and a thoughtful design, blending contemporary style with coastal living. Main Unit (2 Bed | 2 Bath) – The largest of the three, this unit features an expansive exterior patio with stunning ocean views, and an open-concept living space with fireplace and cork laminate flooring. Designer features include AGS Marine Grade Stainless Steel Wire Railing, The Shade Store solar blinds and The Sliding Door Company custom sized laundry doors with Electrolux W/D. Includes 1-car garage + 1 tandem parking space. Updated approximately 4 years ago. This unit has air conditioning. Second Unit (2 Bed | 2 Bath) – This unit has a great mid-century charm with white washed wooden panels. This spacious unit offers a large outdoor patio, ample natural light, and a well-appointed interior with fairly new dishwasher. Includes 1-car garage + 1 tandem parking space. Third Unit (1 Bed | 1 Bath) – Fully remodeled this year, this private retreat features a stylish interior, with new LG W/D, new bath, a secluded patio, and a covered parking space with 1 tandem parking space. This meticulously maintained triplex provides an exceptional opportunity for owner-occupants, investors, or 30 day summer vacation rental possibilities in Woods Cove is one of Southern California’s most coveted coastal enclaves. Walk to beach under PCH and enjoy proximity to world-class beaches, dining, and the vibrant Laguna Beach arts scene. Exterior Upgrades: In January 2025. New Roof, New Velux Skylights with blinds, New Chimney Stacks and exhaust either replaced or painted. Exterior Atrium trim wood removed/replaced/painted. Entire Exterior Siding and Fencing Painted. Trees and lower level trimmed and cleaned. Garage door springs replaced and oiled. All units have been repiped and hot water tanks replaced 2018. Submeter in place. Lower lot is planted with fruit trees and can be enjoyed by all tenants. It is nicely manicured and is a great place to escape to relax.

Laguna Beach

$4,200,000

OC26129315 MLS ⋅ Active Status

Welcome to Woods Cove Stunning Ocean-View Triplex in Laguna Beach. Use as investment or live in one side and receive income to offset mortgage. Perched in the heart of Laguna Beach on a 7405 sq ft lot, this exceptional modern triplex, designed by renowned architect Morris Skenderian, offers breathtaking ocean views and a prime investment opportunity. Each unit boasts ocean view, dedicated parking, private laundry and a thoughtful design, blending contemporary style with coastal living. Main Unit (2 Bed | 2 Bath) – The largest of the three, this unit features an expansive exterior patio with stunning ocean views, and an open-concept living space with fireplace and cork laminate flooring. Designer features include AGS Marine Grade Stainless Steel Wire Railing, The Shade Store solar blinds and The Sliding Door Company custom sized laundry doors with Electrolux W/D. Includes 1-car garage + 1 tandem parking space. Updated approximately 4 years ago. This unit has air conditioning. Second Unit (2 Bed | 2 Bath) – This unit has a great mid-century charm with white washed wooden panels. This spacious unit offers a large outdoor patio, ample natural light, and a well-appointed interior with fairly new dishwasher. Includes 1-car garage + 1 tandem parking space. Third Unit (1 Bed | 1 Bath) – Fully remodeled this year, this private retreat features a stylish interior, with new LG W/D, new bath, a secluded patio, and a covered parking space with 1 tandem parking space. This meticulously maintained triplex provides an exceptional opportunity for owner-occupants, investors, or 30 day summer vacation rental possibilities in Woods Cove is one of Southern California’s most coveted coastal enclaves. Walk to beach under PCH and enjoy proximity to world-class beaches, dining, and the vibrant Laguna Beach arts scene. Exterior Upgrades: In January 2025. New Roof, New Velux Skylights with blinds, New Chimney Stacks and exhaust either replaced or painted. Exterior Atrium trim wood removed/replaced/painted. Entire Exterior Siding and Fencing Painted. Trees and lower level trimmed and cleaned. Garage door springs replaced and oiled. All units have been repiped and hot water tanks replaced 2018. Submeter in place. Lower lot is planted with fruit trees and can be enjoyed by all tenants. It is nicely manicured and is a great place to escape to relax. All information to be verified and satisfied by buyer prior to purchase.

Laguna Beach

$2,599,000

OC26120844 MLS ⋅ Active Status

Welcome to your dream coastal lifestyle and premier investment opportunity at 2937 Terry Road, an exceptional beach-cottage duplex in the highly coveted Victoria Highlands neighborhood of South Laguna Beach. Perfect for an income-generating property, a multi-generational sanctuary, or an owner-occupant looking to live in one and rent the other, this versatile multi-family residence features a distinct one-unit-up, one-unit-down layout with ocean views from both levels. The upper unit boasts soaring vaulted ceilings and exposed wood beams full of character, while the expansive lower unit offers direct access to a beautifully manicured backyard, complete with a cozy gas fire pit and a dedicated outdoor dining area perfect for al fresco entertaining. Embracing the true essence of Southern California living, this property balances a peaceful neighborhood setting with effortless proximity to Laguna's world-famous amenities. Just a short distance away lies the pristine shoreline of Victoria Beach, home to the iconic pirate tower, easily accessible via a convenient pedestrian tunnel under Coast Highway. Residents will enjoy being moments from the legendary Montage Resort for five-star dining and cliffside sunsets, as well as the newly built Laguna Beach Community & Recreation Center for fitness and local events. Highlighting the unmatched convenience of this location, a nearby stop for the complimentary Laguna Beach trolley makes exploring the vibrant downtown village, upscale boutiques, and renowned art galleries entirely effortless. Discover a spectacular chance to capture the ultimate beach lifestyle and secure a prime piece of real estate in one of the world's most beautiful coastal destinations.

2937 Terry Rd, Laguna Beach

$6,100,000

LG26096038 MLS ⋅ Active Status

Rarely does an opportunity of this scale arise in the Village. Nestled on a sprawling quarter-acre on historic Cuprien Way, this one of a kind gated compound offers a rare blend of privacy and flexibility of a lucrative income property or multigenerational retreat. Situated just blocks from the iconic Thalia Street beach, shops and restaurants this estate is a masterclass in coastal elegance. Featuring a private main residence with view decks and an outside living room, a private cabana close to the pool and in ground spa, plus two seperate one-bedroom units and an additional guest quarters; this showplace offers unmatched flexibility. This gem is ideal for an owner occupant seeking rental income, with a home-office setup or an extended family retreat. This trophy property is a timeless investment in the Laguna Beach lifestyle.

616 Cuprien Way, Laguna Beach

$3,595,000

3 Beds ⋅ 2 Baths ⋅ 26838851 MLS ⋅ Active Status

216 Cliff Drive is a rare 3-unit coastal multifamily on the prestigious Cliff Drive corridor in Laguna Beach. Two of three residences capture sweeping Pacific Ocean views. Detached 2BD/1BA front home, 1BD/1BA upper unit, and ground-level studio. Turnkey with over $500K in documented capital improvements including fully remodeled kitchens, baths, new electrical, PEX plumbing, in-unit laundry in two units.

216 Cliff Drive, Laguna Beach

$6,100,000

6 Beds ⋅ 7 Baths ⋅ LG26096056 MLS ⋅ Active Status

Rarely does an opportunity of this scale arise in the Village. Nestled on a sprawling quarter-acre on historic Cuprien Way, this one of a kind gated compound offers a rare blend of privacy and flexibility of a lucrative income property or multigenerational retreat. Situated just blocks from the iconic Thalia Street beach, shops and restaurants this estate is a masterclass in coastal elegance. Featuring a private main residence with view decks and an outside living room, a private cabana close to the pool and in ground spa, plus two seperate one-bedroom units and an additional guest quarters; this showplace offers unmatched flexibility. This gem is ideal for an owner occupant seeking rental income, with a home-office setup or an extended family retreat. This trophy property is a timeless investment in the Laguna Beach lifestyle.

616 Cuprien Way, Laguna Beach

$5,495,000

OC26091697 MLS ⋅ Active Status

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.

1953 S Coast, Laguna Beach

$2,600,000

LG26046547 MLS ⋅ Active Status

TWO DETACHED, TOTALLY REMODELED BEACH COTTAGES on one parcel -397 Park Ave (2 bed, 1 bath - 539 sq. ft) and 389 Park Ave (1 bed, 1 bath - 456 sq. ft) just a short stroll from the all new Forest Avenue Promenade, Main Beach boardwalk and world famous Heisler Park. Each cottage stands alone, with windows on all sides that flood the interiors with natural light and enhance their airy, coastal feel. Both cottages have undergone extensive renovations, including brand-new roofs, vaulted ceilings, wide-plank hardwood flooring, upgraded kitchens and baths with stone countertops, custom cabinetry, designer tile, modern lighting, and curated window treatments. Additional highlights include wood-burning fireplaces, tankless water heaters, newly built decks, restored exterior woodwork, fresh paint, and thoughtfully designed landscaping throughout the property. These charming homes are part of Laguna Beach history. While not yet officially designated as historic, there are potential historic designations and Mills Act tax benefits. Don't miss out on this exceptional opportunity to buy prime real estate in the heart of Laguna Beach.

389 Park, Laguna Beach

$5,950,000

PW26035804 MLS ⋅ Active Status

Located in the highly desirable Woods Cove neighborhood of Laguna Beach, this 7-unit apartment complex offers an exceptional coastal living experience just moments from Woods Cove Beach, with easy access to swimming, snorkeling, tide pools, and scenic shoreline walks. Positioned on a large 14,480 square foot lot, the 5-unit structure was designed by renowned architect Chris Abel and built in 1972 along side two 1923 single story cottages, blending timeless coastal architecture with modern upgrades. The property features a diverse unit mix of studios, 1, 2, and 3-bedroom residences, with most units highly renovated, offering ocean views, washer/dryer hookups, and private patios or balconies that capture ocean breezes and natural light. Residents enjoy close proximity to Downtown Laguna Beach, boutique shopping, cafés, fine dining, art galleries, entertainment, and the city’s vibrant cultural scene, with convenient access to the Laguna Beach trolley, coastal trails, parks, and Pacific Coast Highway, delivering a rare combination of privacy, walkability, and quintessential Southern California beach lifestyle.

2101 Glenneyre, Laguna Beach

$3,495,000

OC26021009 MLS ⋅ Active Status

This exceptional ocean-view property presents a compelling coastal investment opportunity with multiple income streams and long-term value. Positioned to capture sweeping Pacific views, the main residence offers 3 bedrooms and 3 bathrooms with soaring ceilings, open-concept living and kitchen spaces, a wrap-around deck, and three fireplaces-features that consistently attract high-end tenants and vacation renters. Ocean views from both the living room enhance rental appeal, while abundant natural light and seas breezes create a desirable indoor-outdoor living experience. Recent upgrades support low-maintenance ownership and strong tenant retention, including quartz kitchen countertops, updated bathrooms with modern coastal finishes, and durable materials well-suited for beach living. Extensive storage adds functionality rarely found in coastal properties, featuring a walk-in pantry, cedar-lined closets, a dedicated laundry room, a storage garage large enough for a golf cart, and additional secured storage. Adding significant value, the property includes a separate living quarters with two bedrooms and one and a half bathrooms-ideal for generating supplemental rental income, accommodating extended stays, or offering flexible leasing options. This private space features its own garden raised deck and pergola, enhancing tenant privacy and marketability. An oversized lot with parking for up to seven vehicles provides a major competitive advantage in a high-demand beach location, increasing rental flexibility and overall property value. With ocean views, multiple living spaces, and rare parking capacity, this property stands out as a high-performing asset for investors seeking both immediate income potential and long-term coastal appreciation.

31913 9th, Laguna Beach

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