150 Cress Street, Laguna Beach, CA 92651

Local realty services provided by:ERA North Orange County Real Estate
150 Cress Street,Laguna Beach, CA 92651
$6,994,950
  • 8 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: derek larson
Office: california dream luxury homes & investments
MLS#:OC25233819
Source:San Diego MLS via CRMLS

Price summary

  • Price:$6,994,950

About this home

PRICED TO SELL! PERMITTED VACATION RENTAL TRIPLEX STEPS TO CRESS STREET BEACH WITH INCREDIBLE OCEAN VIEWS, OR AMAZING DEVELOPMENT OPPORTUNITY! Cap rate is 6.47% as-is with room for growth! 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 65% occupancy each year, and routinely earns $450,000 annually. The potential to see income soar to $525,000+ 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,

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Home facts

  • Listing ID #:OC25233819
  • Added:86 day(s) ago
  • Updated:January 01, 2026 at 08:58 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:6

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$6,994,950
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