Laguna Beach, CA 92651,150 Cress Street
Laguna Beach, CA 92651,150 Cress Street
Laguna Beach, CA 92651,150 Cress Street
57
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$8,795,000
Est. payment /mo
8 Beds
3,300 SqFt
Active

150 Cress Street Laguna Beach, CA 92651

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $2,665

MLS Listing ID CROC25017251

Bedrooms 8

HOA Y/N No

Year Built 1955

Lot Size 7,241 Sqft

Acres 0.17

Property Sub-Type Triplex

Property Description

FULLY FURNISHED, PERMITTED VACATION RENTAL TRIPLEX WITH OCEAN VIEWS ONLY STEPS TO CRESS STREET BEACH! Motivated seller has already purchased his next investment! This is one of the most desirable properties, and locations, in all of Laguna Beach! Presenting the Villas of Laguna Vista. Ideal configuration across 2 individual buildings, on a fully hardscaped 7500sf sf lot! Super Host Accounts with AirBNB and VRBO included. The minimum annual revenue is well over $400,000, and that is at less than 60% occupancy! The income can easily exceed $500,000+ with adjusted seasonal pricing! Includes a single family residence style villa, and completely separate duplex style villas, right at the doorstep of Cress Street Beach. The centerpiece of this extraordinary ensemble is the primary villa, a sophisticated single-level residence offering 3 spacious bedrooms and 2.5 opulent baths. This villa includes a private 1-car garage and a gated driveway accommodating up to 3 vehicles. The additional 2 villas, separated by only one common wall featuring 3 bedrooms and 2 baths, and 2 bedrooms with 1 bath respectively, share a 2-car garage, accessible from Oceanfront street, ensuring privacy and tranquility to the primary villa. Each villa is fully furnished, exuding luxury and comfort, providing guest

Location

State CA

County Orange

Interior

Fireplace No

Laundry Other

Exterior

Utilities Available Other Water/Sewer

Total Parking Spaces 6

Building

Lot Description Corner Lot

New Construction No

Others

Tax ID 64407406

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Bridge MLS
Listed by Derek Larson • Derek Lee Larson

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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150 Cress Street