Laguna Beach. Ocean Views. Single Family Home. $1,250,000?!? Welcome to 31774 5th Avenue – the lowest price single family ocean view home currently on the market in Laguna Beach. In the same family for more than 50 years and three generations, the cottage has hosted memorable weekends, vacations and – most recently – longer term renters. These are not peek ocean views, but solid wide views from the entire upstairs and large view deck. The home is divided into a comfortable two bedroom and one bath upstairs home, and a smaller downstairs bedroom and ½ bath with exterior access only. The parcel is good sized for Laguna Beach, and ripe with opportunities. Off-street parking is a plus, and this property gets bonus points for cute-ness. And, again… the price! 31774 5th Avenue is an incredible opportunity. Don’t let it pass you by!