Appraised value in August 2023 @ $2,350,000. Grab it now while you still can. Laguna Beach bungalow with income/ADU potential, lots of parking, and located just a short walk from stunning Crescent Bay Beach, Diver's Cove, Fisherman's, and Heisler Park! The original (front house) was Built in 1926, and the back house with an attached garage and potential ADU was built in 1958. This charming property sits on a 4500-square-foot lot and offers a picturesque retreat in the heart of one of Southern California's most sought-after coastal communities. The main house encompasses two bedrooms and one bath, providing a cozy and comfortable living space. A full kitchen with quaint amenities adds convenience and functionality to this classic home. Its Adobe-type style showcases the timeless charm of traditional Laguna Beach architecture. In addition to the main house, this unique property features a separate house at the back. Here, you'll find a one-bedroom apartment above and a potential ADU/bachelor studio below. This flexible arrangement offers versatile living options, whether you're looking for additional guest quarters, a rental income opportunity, or a private space for a home office or studio. As a bonus, an attached two-car garage ensures ample parking and storage space a rare find in this coveted coastal area. Beyond the property's boundaries, the true allure lies in its prime location. Crescent Bay Beach, with its pristine sands and crystal-clear waters, is just a short stroll away. Enjoy daily walks or picnics by the shore, indulging in breathtaking views of the Pacific Ocean. With proximity to the beach, you'll have endless opportunities for outdoor activities, from surfing and paddleboarding to hiking the nearby coastal trails.