Located in the Village, the crown of Laguna Beach. This mix-use property features 4 residential units and 1 commercial unit. The residential units are 3 1 bedroom 1 bath and 1 2 bedroom 2 bath an out door court yard and a roof top deck for entertaining. The commercial building is a two story street front unit with interior stairs and a bathroom on both floors. Wonderful beach views from the entire property, 3 car garage on PCH for the commercial building and 2 2 car garages on the back alley side, 3 carports and parking behind all 7 spaces, giving you a total of 17 parking spaces not including plenty of street parking. The previous owner renovated the entire property in 2018, inside and out. Lots of storage throughout. Heavy traffic area. Back alley address is 621 Romona Ave. Additionally, the property has a coveted license for short term rentals, for 2 of the units. Revel in the ocean views from all units and the roof top deck, unwind in the large tree covered court yard garden, or saunter down through the back of the property to downtown, reminiscent of Italian alleyways. Rarely do trophy properties with upside potential come available in Laguna. Come see for yourself!