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$8,795,000
49 Days On Site

150 Cress Street
Laguna Beach, CA 92651

For Sale|Triplex|Active
0
Beds
0
Full Baths
0
Partial Baths
3,300
SqFt
$2,665
/SqFt
1955
Built
County:
Orange
Listed by Derek Larson of Derek Lee Larson [email protected]
Call Now: 1-949-278-4461
Is this the home for you? We can help make it yours.
1-949-278-4461
150 Cress Street150 Cress Street150 Cress Street150 Cress Street
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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 guests with an idyllic beach vacation experience year-round. All 3 villas can be found on AirBNB at airbnb.com/h/cresspoint airbnb.com/h/lagunapoint

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Listing Snapshot
Price 
$8,795,000
Days On Site 
49 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,300 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1662 Acres
Year Built 
1955
MLS® Number 
OC25017251
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoPrice changed to $8,795,000
6 days agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
2 months agoListing first seen on site
General Features
Acres 
0.1662
Disclosures 
Licensed Vacation Rental
Garage 
Yes
Garage Spaces 
3
Number Of Stories 
1
Parking 
DrivewayGarage
Parking Spaces 
6
Property Sub Type 
Triplex
Special Circumstances 
Standard
SqFt Total 
3300
Water Source 
Public
Interior Features
Appliances 
Washer/Dryer Stacked
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Exterior Features
Lot Features 
Corner Lot
Pool Features 
None
Waterfront 
Yes
Waterfront Features 
Beach AccessBeach FrontOcean Access
Community Features
Building Access 
1
Community Features 
Park
Financing Terms Available 
CashConventional
MLS Area 
LV - Laguna Village


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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