Welcome to 1259 South Coast Highway, a beautifully updated mixed-use property in the heart of Laguna Beach’s coveted "Hip District." This unique offering includes two high-visibility commercial retail spaces fronting PCH and two stylish residential units tucked away for privacy—creating an incredible investment or owner-user opportunity. Renown for its natural beauty, artistic heritage and vibrant culture, Laguna Beach is a strategic location for retailers looking to provide a unique consumer experience. Laguna Beach welcomes over 6 million visitors annually, ensuring consistent exposure for commercial tenants and strong rental demand. Recently reborn with extensive upgrades, this property is truly turnkey. Updates include new electrical, plumbing, roof, HVAC, kitchens, baths, flooring, lighting, EV chargers, and more—giving you peace of mind for years to come. Situated on the ocean side of PCH, the property zoning allows one residential unit to be used as a lucrative short-term rental, tapping into Laguna Beach’s thriving vacation rental market, where the average AirBnb nightly rate is $377 and the average hotel nightly rate is $650. This prime property is just moments from Brooks Street Beach, home to the longest-running surf contest, the Surf n Sand Resort, and the Forest Promenade—all accessible without needing your car. The versatile Residential & Commercial Spaces consists of: RETAIL SPACE #1 – Open floor plan with prime PCH exposure on a high-foot-traffic block. RETAIL SPACE #2 – Prime PCH frontage and includes a private deck and outdoor shower, a must-have when you're this close to the beach. RESIDENTIAL UNIT #A – No expense was spared updating this stunning ground-level studio, perfect as a “pied-à-terre” for enjoying the Laguna lifestyle. RESIDENTIAL UNIT #B – A spacious 2-bed + office, 2-bath unit with a private fenced-in yard, ideal for full-time living or rental income. Whether you're looking for an income-producing asset, a live/work opportunity, or a vacation retreat, this property offers unmatched flexibility in a can't miss location. Don’t miss this rare chance to own a turnkey mixed-use gem in the heart of Laguna Beach!