This couple lives in a vintage 940-square-foot trailer by the beach for $5,100 a month: It's 'the California dream'
How much did the couple originally pay for short-term rental per month before deciding on a more permanent living solution in Laguna Beach?
The couple originally paid $6,200 per month for their short-term rental in Laguna Beach before deciding on a more permanent living solution. They eventually purchased a 940-square-foot, aluminum-sided trailer for $212,500 and took out a $150,000 home equity loan for renovations. Their current monthly expenses, including land lease, utilities, and loan repayment, amount to about $5,148.
What motivated the couple to move from the Bay Area to Laguna Beach?
The couple decided to move from the Bay Area to Laguna Beach in 2021, primarily because they both work remotely and wanted to try out living in Brian's hometown. They were initially drawn to Laguna Beach due to its beautiful, sunny, laid-back atmosphere, and thriving art scene. Additionally, they found a creative and more affordable living situation in a mobile home community, which allowed them to enjoy the perks of living in the area without the high costs associated with traditional homeownership.
How does the cost of the couple's current living arrangement compare to the typical housing costs in Laguna Beach?
The cost of the couple's current living arrangement is significantly lower compared to the typical housing costs in Laguna Beach. The median monthly rent in Laguna Beach is over $8,000, while the couple is paying around $5,100 a month for their 940-square-foot trailer5. This includes the land lease, utilities, and loan repayment. By choosing to live in an older mobile home, they are able to save a considerable amount on their monthly housing expenses while still enjoying the benefits of living in the beautiful and sunny Laguna Beach area6.