$6,495,000 - 150 Cress Street, Laguna Beach

  • 0Beds
  • Baths
  • 3,415SQ. Feet
  • 0.17Acres

This gated Laguna Beach residential compound, “Laguna Vista,” is perhaps the most attractive and versatile multi-unit property currently available in the Orange County real estate market. Nestled on an approximately 7,200 sq. ft. lot immediately adjacent to the Cress Street Beach steps, and with parking for at least 6 vehicles, it is a rare and incredible value and shines as a possible family complex, multiple lucrative beach rentals, or both. Its 3 lovely single-level villas offer a total of 8 bedrooms, 5 full baths plus a half-bath. The compound rests a short walk or ride from restaurants and shopping in one of the area’s trendiest neighborhoods. Completely renovated and incorporating the finest materials and fixtures, each of the homes is worthy of the most discriminating guests or family members. Wide-plank wood and tasteful tile floors, recessed lighting, crown molding and tray ceilings, high-end stainless kitchen appliances, and luxurious bathrooms are only a few of the features contributing to the ambiance of casual sophistication. An expansive, multi-level central courtyard features 4 fire pits and seating, with views of the ocean and spectacular sunsets. The investment and use options of this one-of-a-kind compound make it a superb prospect for immediate as well as long-term financial and tax benefits while creating a versatile opportunity for fiscal and personal gratification. Rare Laguna Beach short term rental license.

Sales Agent

Sam SmithBeach Cities Luxury HomesPhone: 949-606-4114Cell: 949-606-4114Contact Agent Now

Essential Information

  • MLS® #:LG20242549
  • Price:$6,495,000
  • Bathrooms:0.00
  • Square Footage:3,415
  • Acres:0.17
  • Year Built:2007
  • Type:Residential Income
  • Style:Contemporary
  • Status:Active

Community Information

  • Address:150 Cress Street
  • Area:Laguna Village (LV)
  • Subdivision:Main Beach (BCH)
  • City:Laguna Beach
  • County:Orange
  • State:CA
  • Zip Code:92651

Amenities

  • Parking Spaces:6
  • # of Garages:3
  • Is Waterfront:Yes
  • Waterfront:Ocean Side of Freeway

Interior

  • Appliances:Dishwasher, Garbage Disposal, Microwave, Refrigerator, Water Purifier
  • Heating:Forced Air
  • Fireplace:Yes
  • # of Stories:1
  • Stories:One Level

Exterior

  • Lot Description:Bluff Front
  • Windows:Double Pane Windows
  • Roof:Composition, Shingle

Additional Information

  • Date Listed:November 18th, 2020
  • Days on Market:142

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North Laguna (nl)

  • City:
    Laguna Beach
  • Price Range:
    $1,925,000 - $6,995,000
  • Current Listings:
    9
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $1,438
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Provided By: Seth Nelson(01922241), DOUGLAS ELLIMAN OF CALIFORNIA, INC..

Based on information from California Regional Multiple Listing Service, Inc. as of April 11th, 2021 at 10:01pm CDT. 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. 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, 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.