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150 Cress Street, Laguna Beach, CA 92651

Property Details

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150 Cress Street
Laguna Beach, CA 92651

For Sale: $6,800,000

Property Type: Triplex
MLS#: PW19018511

  • Building Size: 3415 SF
  • Lot Size: 7241 SF
  • Number of Units: 3
  • Number of Stories: 1
  • Year Built: 2007
  • Days on market: 39
  • Net Operating Income: $316,000
  • Rent Control: No
  • Contact Listing Agent Direct:
  • Victor Vasu, Coldwell Banker Res. Brokerage


Property Description

Enjoy this best in class gated 3 unit Laguna Beach residential compound, “Laguna Vista,” 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 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, one 3 BR/2.5BA, one 3BR/2BA & one 2BR/1BA. 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.


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150 Cress Street, Laguna Beach, CA 92651

Based on information from California Regional Multiple Listing Service, Inc. as of February 15, 2019. 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.

Listing provided by: Victor Vasu, Coldwell Banker Res. Brokerage

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