A few steps from the Paséa, you'll find Pacific City. It's an outdoor mall with restaurants, shops, etc. A great place to walk around.
Watertable, Dukes, The Brant Kitchen, ASXO, Jolie & The Bell 21+ - The treehouse rooftop at the Pasea or The Bungalow Bear Flag is a CA must - only a few steps away from the Paséa. (they also have a location in Newport Beach near Lido Island)
The Cannery (sushi happy hour from 3:30-6pm), Shorebird, Palmilla (great margs!), Royal Hen, Wild Taco (a little more casual). TopSide at Lido House is a super cute rooftop bar!
230 Forest Ave., Nicks, South of Nicks, Zinque, Ahba (casual locals spot). Go to Hotel Laguna for a drink and a view!