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150 CRESS Street, Laguna Beach, CA 92651 (MLS # OC17118002)

Price $7,498,000
Status Active
Beds 0
Baths 0 bath
Home size 3,415 sq ft
Lot Size 6,969 sqft
Days on Market 179
Lifetime opportunity!! This spectacular, trophy property offers three (3) world class beach villas with at least six (6) parking (very rare) nestled on a prime beachfront location in World Famous Laguna Beach. Appointed to the nines, this luxury property offers the very best in form, function and location. The three beach villas boast single level floorplans enhanced with the finest designer finishes. Spectacular outdoor spaces include 4 fire pits, multi-level conversation spaces, with incredible ocean-view verandas. Mere feet from beach access, & within walking distance of many fine restaurants & shops. Mixes of three villas are 2 bed r & 1 bath; 3 bed & 2 baths: & 3 bed rooms & 2.5 baths. Each villa has the appointments rivaling better than the most prestigious hotels in town. Excellent use as a beach house for family and friends; as a second home when needed and rent the villas as vacation rentals and/or rent them as needed to supplement the income to offset property and other taxes. Villas offer a viable 1031 exchange for your investment dollars and enhances your great investment opportunity in one of the best & classy beach City in the United States. Currently the villas are utilized as high end vacation rentals with excellent income stream.
Property Type(s): Residential Income
Last Updated 5/27/2017 Tract Main Beach (BCH)
Year Built 2007 Community LV - Laguna Village
County Orange

Additional Details

APPLIANCES Dishwasher, Garbage Disposal, Microwave, Refrigerator, Water Purifier
AREA LV - Laguna Village
CONSTRUCTION Stucco, Wood Siding
FIREPLACE Yes
GARAGE Garage -, Garage - Front Entry, Garage - Single Door
HEAT Forced Air
INTERIOR Coffered Ceiling(s), Crown Moldings, Granite Counters, Open Floor Plan, Recessed Lighting
LOT 6970 sq ft
LOT DIMENSIONS 72x100
LOTDESCRIPTION Bluff Front
POOL DESCRIPTION None
SEWER Sewer Paid
STORIES 1
STYLE Contemporary
SUBDIVISION Main Beach (BCH)
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Ocean,White Water
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Ocean Side of Freeway

Location

 

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Listing provided by : Carl Wuestehube CalBRE:00634943, Tri-Star Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/20/17 12:58 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2017.

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