This iconic mixed-use property in South Laguna Beach presents a rare investment opportunity in one of California’s most desirable coastal communities. Located along the highly trafficked South Coast Highway, the property features a long-established flower shop with strong community presence and foot traffic. Above the retail space is a beautifully upgraded 2-bedroom, 2-bathroom short-term rental with ocean views and a fully permitted rooftop deck, enhancing its appeal to both guests and investors.

What truly sets this asset apart is its fully approved, transferable short-term lodging permit—an extremely rare and valuable feature in Laguna Beach, where such permits are hard to obtain. With flexible use potential as an investment, owner-user opportunity, or a combination of both, this well-located, high-demand property offers strong upside in a tightly held market.