This is your opportunity to own a versatile ocean-view property in the heart of Laguna Beach Village-ideal for the savvy investor or a buyer seeking the perfect blend of lifestyle and long-term value. Perched above Main Beach, this unique property captures sweeping views of the Pacific Ocean and twinkling city lights, offering an exceptional coastal living experience. The highly walkable location is just moments from Main Beach, acclaimed restaurants, the vibrant farmers market, and Laguna's renowned summer art festivals-making it a dream setting for full-time living, vacationing, or hosting guests. The front residence features two bedrooms, one bath, and an inviting ocean-view deck. One of the bedrooms directly overlooks the sparkling Pacific, creating a tranquil retreat for residents or renters alike. The rear home, Residence 137, offers two upstairs bedrooms (one with ocean views), a full bath, and a large deck perfect for entertaining or enjoying coastal sunsets. A flexible lower-level space with a full bath offers potential for a generous primary suite, additional living area, or even a guest suite-ideal for multigenerational living or as a premium rental unit. Each unit includes its own private 2 car garage, plus there are four additional parking spaces-an exceptional amenity in this sought-after neighborhood. On-site laundry adds convenience for both owners and tenants. Whether you're searching for a high-yield investment, a multi-generational home, or a personal coastal escape with income potential, this property delivers. With panoramic ocean views, walk-to-everything convenience, and flexible living spaces, this is a rare chance to own a piece of paradise in one of Southern California's most iconic beach towns. Don't miss this exceptional Laguna Beach offering-where lifestyle and investment come together.