150 Cress Street, Laguna Beach, CA 92651
Local realty services provided by:ERA North Orange County Real Estate
Listed by:derek larson
Office:california dream luxury homes & investments
MLS#:OC25149783
Source:San Diego MLS via CRMLS
Price summary
- Price:$6,995,000
About this home
PRICED TO SELL! PERMITTED VACATION RENTAL TRIPLEX STEPS TO CRESS STREET BEACH WITH INCREDIBLE OCEAN VIEWS, OR AMAZING DEVELOPMENT OPPORTUNITY! MOTIVATED SELLER! This is a fully furnished, one-of-a-kind investment property located at one of the most desirable locations in all of Laguna Beach! Presenting the Villas of Laguna Vista. Ideal configuration across 2 individual buildings, on a fully hardscaped 7500sf sf lot, with parking for up to 6 cars. With a 12 year history on AirBNB and VRBO, this property effortlessly fills 60% occupancy each year, and at minimum, earns in excess of $400,000 annually. The potential to see income soar to $500,000+ is certainly within reach, as vacation rental occupancy can routinely reach 75-80% in this highly sought, and world famous travel destination. Few properties can offer options for development, personal use, and high level income, simultaneously. That is correct, this property can be enjoyed by the owner, friends, and family, anytime, year-round, while still earning a minimum of $400,000 every year! Includes a single family residence style villa, and completely separate duplex style villas, right at the doorstep of Cress Street Beach. The centerpiece of this extraordinary ensemble is the primary villa, 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 2 villas are a 3 bedroom and 2 bath, and a 2 bedroom with 1 bath, they share a 2-car garage, accessible from Oceanfront street, ensuring
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Home facts
- Listing ID #:OC25149783
- Added:69 day(s) ago
- Updated:October 03, 2025 at 01:55 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$6,995,000
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