About 723 Browncroft Road
Prime Investment Opportunity in Laguna Beach Village – Duplex with Bonus Unit Located in Laguna Beach Village, this rare duplex property is brimming with potential and perfectly positioned just a short stroll from Laguna Beach High School, world-famous beaches, galleries, dining, and charming local shops. Situated on a quiet, tree-lined street in one of the most walkable and desirable neighborhoods in Laguna, this is a true opportunity for investors, developers, or owner-users with vision.
The property includes two legal units:
Unit A (Vacant): A 2-bedroom, 1-bath unit, ready for renovation and personal customization.
Unit B (Occupied): A 1-bedroom, 1-bath unit, with character-rich details and a long-term tenant in place.
There is also a third, non-permitted bonus unit currently vacant — ideal for future conversion to an ADU or legal third unit (buyer to verify with city). This additional space presents an excellent opportunity to expand the property’s income potential or accommodate multi-generational living.
While the structure is in need of updates and repairs, the location and layout offer strong upside potential for those looking to add value in a premium coastal market. This is a fixer-upper with incredible potential in one of Southern California’s most iconic seaside communities. Whether you’re investing, developing, or creating your own coastal getaway, the possibilities here are wide open. Please Do Not go on the property without an appointment.
