Receive rental income while going through Laguna's design process. *** Zoned R1 (Single-Family Residential), this legal nonconforming detached duplex plus a fully permitted detached ADU offers incredible flexibility. Whether you're an investor seeking additional rental income or a homeowner looking to convert it into a stunning single-family residence, this property presents exceptional potential in a highly desirable location, The Tree Streets in North Laguna Beach. *** Just a short stroll to renowned art galleries, Heisler Park, local restaurant favorites and convenient public transportation, including Laguna's free trolley. *** This property places you in the center of coastal charm and culture. Enjoy the vibrant energy of Laguna Beach year-round with iconic events such as the Pageant of the Masters, Sawdust Art Festival, and Art-A-Fair, all celebrating the city's deep artistic roots. When the holiday season approaches, don't miss Hospitality Night in December, when the streets come alive with festive lights, music, and community cheer. *** Nestled in one of Laguna's most sought-after neighborhoods, this property blends coastal living with unbeatable convenience, making it a must-see! Don't miss this incredible opportunity to own a piece of Laguna Beach history. *** PLEASE DO NOT DISTURB TENANTS! A STRICT 24 HOUR NOTICE IS REQUIRED for showings by pre-qualified buyers only.