According to the listing, 255 Cypress Unit 5 has an HOA of $295 per month.I know that some of the units there do have a garage, but some don't, and it appears that this one does not. The listing says street parking and makes no mention of a garage or carport.
The parking depends on the particular HOA and where it is located. Let me know which development you are interested in and I can be more specific. As far as parking in Laguna Beach, for "downtown" residents there is an overnight permit that can be obtained through the city. Most areas of the city allow overnight parking without the permit.
Enjoy the weekend!