33.532192 -117.77635

150 CRESS Street LAGUNA BEACH, CA 92651

294379446 33.532192 -117.77635 124 /listing/294379446-150164434/150-cress-street-laguna-beach-ca-92651 False 0 6495000.0 105 OC21098483 False
  • $6,495,000
  • 0.17 lot
  • Est payment $34866.56/mo

Property & Neighborhood Info

Courtesy Of Carl Wuestehube, DRE#00634943, Tri-Star Realty

Multi-Family in Laguna Beach

Best Beach Location!! One Of The Best Value In Southern California!! Best Income Property On The Beach!! See To Believe It!! 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 & 1 bath; 3 bed & 2 baths: & 3 bed rooms & 2.5 baths. Or the entire family complex offers a total of 8 bed rooms and 5.5 bath rooms. 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. Take a tour and appreciate what this spectacular beachfront property offers.

Courtesy Of Carl Wuestehube, DRE#00634943, Tri-Star Realty
  1. 0.17 Lot

Main Features

  • Listing Status: Active
  • Year Built: 2007
  • Garage: 3.0
  • Floors: 1
  • County: ORANGE
  • Units: 3
  • Subdivision: Main Beach (Bch)
  • MLS Number:OC21098483

Additional Features

  • Exclusions:
    • Furnishings
  • Flooring:
    • Stone
    • Wood
  • Interior Features:
    • CofferedCeilings
    • CrownMolding
    • GraniteCounters
    • OpenFloorplan
    • RecessedLighting
  • Appliances:
    • Dishwasher
    • Disposal
    • Dryer
    • Microwave
    • Refrigerator
    • Washer
    • WaterPurifier
  • Fireplace:
    • Electric
    • FirePit
    • WoodBurning
    • Y
  • Architecture:
    • Contemporary
  • Common Walls:
    • Item1CommonWall
  • Construction:
    • Stucco
    • WoodSiding
  • Garage:
    • Y
  • Levels:
    • One
  • New Construction:
    • N
  • Roof:
    • Composition
    • Shingle
  • View:
    • Ocean
    • Y
  • Year Built Source:
    • Estimated
  • Doors/Windows:
    • MirroredClosetDoors
  • Windows:
    • DoublePaneWindows
  • Lot Description:
    • Bluff
  • Pool:
    • None
  • Parking:
    • DoorMulti
    • DoorSingle
    • Garage
    • GarageFacesFront
  • Heating:
    • ForcedAir
  • Sewer:
    • SewerTapPaid
  • Utilities:
    • SewerConnected
  • Community Features:
    • Curbs
  • Number of Buildings:
    • 2
  • Water:
    • Public
  • Waterfront Features:
    • OceanSideOfFreeway
  • Gross Income:
    • 0
    • 360000
  • Net Operating Income:
    • 316600
  • Terms:
    • Cash
    • CashtoNewLoan
    • OwnerMayCarry
    • Submit
  • CDOM:
    • 317
  • Special Conditions:
    • Standard
  • Annual Trash Expense:
    • 0
  • Cable TV Expense:
    • 2800
  • Cap Rate:
    • 4.1
  • DOM:
    • 8
  • Electric Exp:
    • 3600
  • Fuel Exp:
    • 0
  • Gross Scheduled Income:
    • 360000
  • Insurance Expense:
    • 3000
  • Listing Service:
    • FullService
  • Listing Type:
    • ExclusiveRightToSell
  • Listing Key:
    • 519038766
  • Operating Expense:
    • 0
  • Parcel Number:
    • 64407406
  • Water Sewer Exp:
    • 2850
  • Lot Size Dim:
    • 73x100
Neighborhood info courtesy of Homes.com © 2021

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33.532192 -117.77635

150 CRESS Street LAGUNA BEACH, CA 92651

294379446 33.532192 -117.77635 124 /listing/294379446-150164434/150-cress-street-laguna-beach-ca-92651 False 0 6495000.0 105 OC21098483 False
  • $6,495,000
  • 0.17 lot
  • Est payment $34866.56/mo