Water Views
Address
150 Cress Street Laguna Beach, CA
Price
$ 6,495,000
Property Attributes
  • ML#LG20242549
  • TypeIncome
  • CountyORANGE
  • CityLaguna Beach
  • AreaLaguna Village
  • NeighborhoodMain Beach
  • Zip92651
  • StyleContemporary
  • Price$ 6,495,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Seth Nelson with DOUGLAS ELLIMAN OF CALIFORNIA, INC..
Data Source:
CRMLS
Property Description

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.

Price History
11/19/2020 Listed $6,495,000

General Features

Appliances Dishwasher, Disposal, Microwave, Refrigerator, Water Purifier, Dryer, Washer
Architectural Style Contemporary
Community Features Curbs
Construction Materials Stucco, Wood Siding
Flooring Stone, Wood
Garage Spaces 3
Garage Y/N Yes
Heating Forced Air
Interior Features Crown Molding, Coffered Ceiling(s), Granite Counters, Open Floorplan, Recessed Lighting
Levels One
MLS Area LV - Laguna Village
Open Parking Spaces 3
Parking Features Door-Multi, Door-Single, Garage Faces Front, Garage
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Roof Composition, Shingle
Sewer Public Sewer
Subdivision Name Main Beach (BCH)
Terms Cash, Cash to New Loan, Submit
Total Units 3
Utilities Sewer Connected
View Ocean
Water Sewer Expense 1850
Waterfront Features Ocean Side Of Freeway

Interior Features

Common Walls 1 Common Wall
Fireplace Features Electric, Fire Pit, Wood Burning
Fireplace Y/N Yes
Heating Y/N Yes
Window Features Double Pane Windows

Exterior Features

Door Features Mirrored Closet Door(s)
Lot Dimensions 72x100
Lot Features Bluff
Lot Size Acres 0.17
Lot Size Area 7241
Lot Size Square Feet 7241
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 1
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Total Parking 6
View Y/N Yes
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92651

Price
AVG $5.4M
$6.5M
Visits
AVG 155
168
Year Built
AVG 1957
2007
Walkscore
AVG 79
85
Data Provided by Walkscore ® not using MLS data

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