Introducing 474 Oak Street - a prime Laguna Beach triplex on one of the city's most iconic streets. This home offers a versatile layout, featuring a fully remodeled 2-bedroom, 2-bathroom front detached unit that is the light, bright, and open beach cottage of your dreams. In the heart of Laguna Beach, this property is the prime opportunity for the owner to live in the beautifully remodeled front unit while renting out the two 1 bed / 1 bath back units, creating a perfect blend of comfort and income potential. Beyond its current charm, the property reveals incredible bones, setting the stage for your creative vision. There's even room for expansion, with the potential opportunity to build a studio ADU on the lower level, surrounded by ample garden space - an enticing prospect for those looking to maximize the property's potential. With space for up to 6 cars, the parking situation at Oak Street ensures convenience for occupants. This is a rare chance to acquire a property with both immediate appeal and long-term potential. Located in a prime and central area, just a short distance from the village, you'll enjoy easy access to Laguna Beach's renowned dining, shopping, and cultural attractions. 474 Oak Street embodies the essence of Laguna Beach living, offering a blend of opportunity, location, and space that's truly unmatched. Don't miss out on this extraordinary investment in one of Southern California's most coveted coastal communities.