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Home > Orange County > Laguna Beach

150 Cress Street Laguna Beach, CA 92651

Property type: Single Family Residence
MLS #: OC25017354MR
Year Built: 1955
Days On Market: 50
County: Orange County
Property Details / Mortgage Calculator / Community Information / Architecture / Features & Amenities / Rooms / Property Features

Property Details

Motivated Seller has already purchased another! Discover an unparalleled coastal haven at Cress Street Beach. We proudly present an extraordinary opportunity to acquire a truly unique 3 Bedroom 2.5 bath single level home, that also includes a duplex with amazing ocean views, only steps to the sand. This highly coveted property features 2 homes on 1 over-sized lot, including 3 elegantly appointed ocean-view villas, 120, 130, & 150 Cress Street are set on an expansive and meticulously hardscaped lot. Perfectly suited for an exquisite owner-occupied residence, or for the most discerning real estate investor. This remarkable property allows the owner to enjoy one of the most coveted beach house locations in Southern California while boasting an impressive annual revenue of $250,000-$300,000 from the permitted vacation rental duplex alone. The centerpiece of this extraordinary ensemble, is of course, the primary villa, 150 Cress Street, it is a sophisticated single-level residence offering 3 spacious bedrooms and 2.5 opulent baths. This villa includes a private 1-car garage and a gated driveway accommodating up to 3 vehicles. The additional two villas, separated by only one common wall between them, feature 3 bedrooms and 2 baths, and 2 bedrooms with 1 bath respectively, they share a separate two-car garage, accessed from an entirely different street, ensuring privacy and tranquility for the primary villa. This is a once in a lifetime opportunity. Your dream of owning a piece of paradise on the world famous shores of Laguna Beach awaits.
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PURCHASE & FINANCING INFORMATION

Community Information

Address: 150 Cress Street Laguna Beach, CA 92651
Area: Laguna Village
County: Orange County
City: Laguna Beach
Zip Code: 92651

Architecture

Bedrooms: 8
Bathrooms: 6
Year Built: 1955
Stories: 1

Garage / Parking

Community / Development

Community Features: Biking, Hiking

Features / Amenities

Laundry: Laundry Closet Stacked, Stackable W/D Hookup
Pool: None
Private Pool: No
Common Walls: Detached/No Common Walls
Cooling: Ductless

Property Features

Lot Size: 7,241 sq.ft.
View: Ocean
Directions: From South Coast Highway, turn toward ocean, last home on the right.

Tax and Financial Info

Buyer Financing: Cash

Detailed Map

Schools

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Walking & Transportation

Active

$ 8,795,000
2%
8 Beds
5 Full  1 ¾ 
3,300 Sq.Ft
7,241 Sq.Ft
150 Cress Street Laguna Beach, CA 92651
Home
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