CA > Laguna Beach > The Village (Vil)
Laguna Beach, CA 92651,150 Cress Street
Laguna Beach, CA 92651,150 Cress Street
Laguna Beach, CA 92651,150 Cress Street
58
See all 58 photos
$9,495,000
Est. payment /mo
Save Virtual Tour
8 Beds
6 Baths
Active

150 Cress Street Laguna Beach, CA 92651

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
3
Aug
Mon
4
Aug
Tue
5
Aug
Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision The Village (Vil)

MLS Listing ID OC25149783

Bedrooms 8

Property Sub-Type Res Income 2-4 Units

Property Description

PERMITTED VACATION RENTAL TRIPLEX STEPS TO CRESS STREET BEACH WITH INCREDIBLE OCEAN VIEWS! Fantastic income opportunity from a truly rare, fully furnished, one-of-a-kind dream property. This is one of the most desirable 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! With a 12 year history on AirBNB and VRBO, this property effortlessly fills 60% occupancy each year and at minimum, earns in excess of $400,000 annually. The potential to see income soar to $500,000+ is certainly within reach, as vacation rental occupancy can routinely reach 75-80% in this highly sought, and world famous travel destination. Few properties can offer both the options for personal use and high level income, simultaneously. That is correct, this property can be enjoyed by the owner, friends, and family, anytime, year-round, while still earning a minimum of $400,000 every year! 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, which are completely separate from the primary villa, share only one common wall between each other. Featuring a 3 bedroom and 2 bath, and a 2 bedroom with 1 bath villa, and they share a 2-car garage, ac

Location

State CA

County Orange

Zoning Assessor

Direction From South Coast Highway, turn toward ocean, last property on right by Cress Street Beach staircase

Interior

Fireplace No

Exterior

Utilities Available Sewer Connected

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 64407406

Virtual Tour https://150Cress.com/

MLS Router / San Diego MLS
Listed by Derek Larson Derek Lee Larson

GET MORE INFORMATION

agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Hunter & Maddox International Inc., including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

150 Cress Street

QUICK SEARCH
There are 24 quick searches