In north Laguna Beach, there is a Tricom Management time share near Heisler Park. Every week they have last minute cancellations and can book you a room at a very reasonable rate. They told me they go as low as $130 per night for a room with a full kitchen during the off-season. For more information about their property, go to www.thegoodlifelaguna.com.
More pictures are on Laguna Beach Walks Instagram