$5,995,000
1953 S Coast, Laguna Beach CA 92651
Multi-Family (2 Units)
Property type
38 days
On market
$1,970
Price per sqft
1 car
Garage
1932
Year built
3,920 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Parham Khoshbakhtian DRE #01446947 949-929-5901, Parham Khoshbakhtian, Broker
Listing updated: Apr 28, 2026 at 08:01pm.
Last checked: Jun 5, 2026 at 04:31pm
Source: CRMLS #OC26091697
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 4 | 4 | — | $0 | $0 | $30,000 | Partially |
| 1 | 0 | 0 | — | $2,500 | $30,000 | $4,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 3
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
16.7x
List Price / Annual Gross Rent
Cap Rate
4.34%
NOI / List Price
Gross Scheduled Income: $360,000
Operating Expense: $100,000
Net Operating Income: $260,000
Annual Operating Expenses
Electric: $2,400
Fuel: $0
Insurance: $10,000
Trash: $1,200
Water / Sewer: $1,200
Interior
Laundry: Inside, Upper Level
Entry Location: 2
Exterior
Property Attached: No
Stories Total: 3
Common Walls: No Common Walls
Lot Features: Back Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 1
Uncovered Spaces: 1
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 64427608
Additional Parcels: No
Tax Lot: 8
Subdivision: South Laguna Village (SLV)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Suburban
Nearby Schools
Nearby schools around the 1953 S Coast, Laguna Beach, CA 92651. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$4,796,000
Total Interest
$6,117,034
Total Payment
$10,913,034
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$36,709
per month
Property History for 1953 S Coast
Laguna Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92651.
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