Rare opportunity in North Laguna Beach! This C-1 zoned ocean-view triplex is just one block from Heisler Park and Picnic Beach and two blocks from downtown shops, cafés, and restaurants. Nestled behind lush hedges with a large grassy front lawn and vibrant gardens, the property offers three fully updated residences -- perfect for investors, multi-generational living, or a turnkey coastal retreat. The commercial zoning allows for flexible uses, including the ability to obtain a short-term lodging permit for one of the units, enhancing income potential. Lower Front Unit (1 Bed / 1 Bath): French doors open to large grassy yard. Updated kitchen with shaker cabinets, quartz counters, and stainless appliances. Laminate floors, LED lighting, ceiling fan, plantation shutters, and mirrored closet doors. Bathroom with carrara quartz vanity and dual-head shower. Front-loading washer/dryer inside unit and private 1-car garage. Rear Studio Unit: Offered fully furnished, private back patio. Upgraded kitchen with shaker cabinets, quartz counters, stainless appliances, pantry, and coffee bar. Laminate floors, LED lighting, ceiling fan, plantation shutters. Bathroom with carrara quartz vanity and dual-head tiled shower. Front-loading washer/dryer in unit, plus parking space. Upper Penthouse (2 Bed / 2 Bath): Ocean-view deck, oversized living room, and bright, open spaces. Upgraded kitchen with white shaker cabinets, quartz counters with waterfall edge, farmhouse sink, and KitchenAid stainless appliances. Laminate floors, LED recessed lighting, plantation shutters, ceiling fans, and mirrored closet doors. Primary suite with carrara quartz vanity and spa-like tiled shower with dual heads; secondary bath with shower-over-tub. Front-loading washer/dryer in unit + private 2-car garage. The commercial zoning also opens the door to commercial financing options, giving buyers flexibility in structuring a purchase as either a residential or commercial investment. This turnkey ocean-view triplex combines prime location, modern updates, and versatile living arrangements with strong income potential. Steps to the beach, Heisler Park, and downtown Laguna Beach—an exceptional opportunity not to be missed!