Homes for sale - 150 Cress ST, Laguna Beach, CA 92651

Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Derek Larson • Derek Lee Larson

$8,795,000

Est. payment - /mo

7,241 Sqft Lot

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25017251

Year Built 1955

Lot Size 7,241 Sqft

Property Sub-Type Triplex

Source California Regional MLS

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

Area Lv - Laguna Village

Interior

Laundry Stacked Only

Exterior

Parking Features Garage, Other

Garage Spaces 6.0

Pool None

Building

Story One Story

Sewer Sewer Available

Water District - Public

Others

Tax ID 64407406

Special Listing Condition Not Applicable

Read Less Info

Get More Information

JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

Quick Search

150 Cress ST Laguna Beach, CA 92651

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Get More Information