Located in picturesque South Laguna Beach, this exceptional multi-unit property offers a unique opportunity to own a slice of coastal paradise with stunning ocean views. Featuring a charming 1-bedroom, 1-bath cottage with a cozy living room complete with a fireplace and an inviting outside balcony. Alongside the cottage, is a duplex where each unit houses a 1 bedroom and 1 bath layout - with the upstairs unit boasting a fireplace - this property epitomizes the essence of beachside living. Located moments from the sand, each unit has been thoughtfully updated with new electrical, fresh paint and new floors, presenting light and bright interiors ready to welcome you home. Situated on a generous lot, it presents a rare opportunity for expansion or the construction of Additional Dwelling Units (ADUs), making it an ideal investment or the foundation for a personal coastal compound. With its prime location, versatile living options, and breathtaking views, this property is a must-see for those seeking to invest or create a private retreat in Laguna Beach.