Laguna Village (LV) Homes with Mixed Use Subtype

Laguna Village (LV) Homes with Mixed Use Subtype

Welcome to Laguna Village (LV), an enchanting gem nestled in the heart of Laguna Beach, California, where coastal elegance meets vibrant community life. This captivating region is renowned for its stunning ocean views, artistic charm, and a lifestyle that beautifully blends the tranquility of beach living with the buzz of urban convenience.

Laguna Village is a unique enclave that offers a diverse array of homes, particularly those with a mixed-use subtype. These properties are perfect for those looking to embrace both residential comfort and entrepreneurial spirit, allowing residents to live above their businesses or enjoy the convenience of commercial spaces just steps from their front door. Imagine waking up to the sound of waves crashing, then stepping into your own café or boutique—this lifestyle is not just a dream but a reality in LV.

The architecture in Laguna Village reflects the area's artistic heritage, with charming cottages, modern coastal homes, and historic buildings that add character to the streets. Residents enjoy access to a vibrant arts scene, eclectic shops, and gourmet dining options, all while being just moments away from the pristine beaches that Laguna Beach is famous for.

With a mild Mediterranean climate, year-round outdoor activities, and a strong sense of community, Laguna Village is more than just a place to live; it’s a lifestyle choice. Whether you're looking to invest in a mixed-use property or simply want to experience the Laguna Beach way of life, LV offers an unparalleled opportunity to blend work and play in one of California’s most picturesque locales. Come explore the charm and possibilities that await you in Laguna Village!

Newest Laguna Village (LV) Homes with Mixed Use Subtype

640 S Coast Highway, Laguna Beach
$7,275,000
LG26230255 MLS ⋅ Active Status
A Rare Opportunity to Own a Five-Story Ocean-View Trophy Property on Laguna Beach’s Coast Highway, Steps from the Sand Rising five stories above Coast Highway, 640 Coast Highway & 641 Ramona Avenue is a rare mixed-use building moments from the beach and the Village, with panoramic ocean and Catalina Island views from its upper levels. The approximately 4,612-square-foot building holds 8 units of café, restaurant, retail, office and residential space, including two ocean-view penthouses, on a 6,643-square-foot lot with frontage on Coast Highway and Ramona Avenue. An additional space offers the potential to convert to a ninth office suite for added income, subject to City approval. Built in 1986, the building offers an elevator and 18 on-site parking spaces, rare for downtown, and the owner reports permits in place for upgrades such as new windows and flooring. Across the street, the oceanfront Pacific Edge Hotel is being reimagined by Foster + Partners as a destination resort. A rare holding for long-term investors or an owner-user seeking a place in Laguna. Buyer to verify zoning, permitted uses, unit configuration, permits and conversion potential with the City of Laguna Beach.

640 S Coast Highway, Laguna Beach
1953 S Coast Highway, Laguna Beach
$4,995,000
4 Beds ⋅ 4 Baths ⋅ LG26217146 MLS ⋅ Active Status
An active, transferable nightly short term lodging permit and sweeping 180-degree ocean views set this beautifully renovated Laguna Beach residence apart. Located on the west side of Coast Highway, the home is just one block from renowned Woods Cove Beach. Spanning approximately 3,043 square feet across three levels on a 4,000-square-foot lot, the home offers four bedrooms, four bathrooms, and expansive living spaces oriented toward the Pacific. The property combines comfortable coastal living with an uncommon degree of flexibility. Sound-insulated walls help reduce road noise, while the private backyard with jacuzzi, owned solar, EV charging, one-car garage, and an additional driveway space. The ground level features a dedicated retail suite with a true storefront presence, creating an opportunity for professionals or creative businesses. The space is currently leased month to month, providing immediate income while preserving flexibility for future use. The short term lodging permit is part of Laguna Beach’s strictly capped inventory and runs with the land. Whether used for occasional rentals, to generate income while traveling, or more extensively in the future, the permit provides an additional income opportunity that is increasingly difficult to replicate. With panoramic ocean views, multiple levels of living space, an existing commercial component, and two distinct avenues for generating income, 1953 S Coast Hwy offers a rare combination of lifestyle and flexibility in Laguna Beach.

1953 S Coast Highway, Laguna Beach
618 S Coast Highway, Laguna Beach
$6,295,000
OC26142522 MLS ⋅ Active Under Contract Status
5 Unit Mix-Use + Super Host Short-Term Rental Business! 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
618 S Coast Highway, Laguna Beach
$6,295,000
OC26141223 MLS ⋅ Active Under Contract Status
5 Unit Mix-Use + Super Host Short-Term Rental Business! An Irreplaceable Coastal Trophy Asset in the Heart of The Village 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
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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