$8,995,000
2,879 Sqft
7,241 Sqft

150 Cress Street, Laguna Beach, CA 92651

  • Residential Income Property Type
  • 23 Days Days On Market
  • 1955 Year Built
Property Description

Seller to entertain offers beginning at $8,995,000. Discover an unparalleled coastal haven at Cress Street Beach. We proudly present an extraordinary opportunity to acquire a truly unique and elusive vacation rental oceanfront triplex, elegantly divided as a single family residence style villa, and completely separate duplex style villas, at the doorstep of Cress Street Beach. This is a rare opportunity, a permitted vacation rental income property on the shores of Laguna Beach cannot be duplicated, or replaced, so rare in fact, that any property like it, simply put, may not come on the market again. This highly coveted property features 3 elegantly appointed ocean-view villas, 120, 130, and 150 Cress Street are set on an expansive 7,500sf meticulously hardscaped lot, elegantly divided between 2 charming buildings. Perfectly suited for discerning real estate investors or those seeking an exquisite owner-occupied residence, this remarkable property boasts an impressive minimum annual revenue of $420,000, & can absolutely earn in a range as high as $550,000+. VRBO and AirBNB Super Host accounts included! Buyer may also chose to continue the current 5-star property management service, for a seamless transfer of ownership. The centerpiece of this extraordinary ensemble is the primary

Basic Details
Residential Income
Triplex
For Sale
CROC25017251
$8,995,000
23
2,879 Sqft
1955
7,241 Sqft
0.17 Acre
Active
Features
Other Water/Sewer
: Other
: Corner Lot
: Other
Address Map
CA
Orange
Laguna Beach
92651
Cress Street
150
W118° 13' 24.9''
N33° 31' 55.8''
From South Coast Highway, turn toward ocean, last
Additional Info
Derek Lee Larson
Derek Larson
dereklarsonre@yahoo.com
Active
Public
For Sale
Price History
02/05/2025
$8,995,000
$0
Additional Information
2879
Listing Information
2025-02-22T06:54:18Z
BayEast
Request Buyer Agent Tour

    Agent info
    Subhash Kapur
    Realty++
    Puja Gupta
    Realty++
    Realty++
    Mortgage Calculator
    $
    $ %
    years
    %
    $ %per year
    $ %per year

    $
    Contact Agent
    Contact Us
    Mallik@rRealtyplusplus.com (510) 299-6629