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150 CRESS Street, Laguna Beach, CA 92651

$7,498,000
Multi Family MLS# OC17118002 ID: 45496410
$7,498,000 Get Rates

Lifetime opportunity!! 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 r & 1 bath; 3 bed & 2 baths: & 3 bed rooms & 2.5 baths. 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.

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Location Information near 150 CRESS Street
Offered by Carl Wuestehube at Tri-Star Realty

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Property Features for 150 CRESS Street
Status
Market Status
Available
Last Updated
December 17, 2017
Description
Property Type
Multi Family
Year Built
2007
Stories
1.0
Sq. Feet
3,415

Appliances

  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer/Dryer Inc.: Clothes Washer

Building Features

  • Heating System: Forced Air Heat
  • Roof: Composition Roof, Shingle Roof

Exterior Features

  • Garage: Front Entry Garage, Two Door Garage

Interior Features

  • Fireplace: Electric Fireplace, Wood Burning Fireplace
  • Interior Construction: Crown Moldings, Mirrored closet(s), Open Floorplan

Location

  • MLS Area: Lv - Laguna Village

Lot Features

  • View: Ocean View, White Water View

Data Provided by California Regional Multiple Listing Service

The information being provided by CARETS® is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to property referenced on this web site comes from the Internet Data Exchange (IDX) program of the CARETS® MLS.

This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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More information about this $7,498,000 Multi Family at 150 CRESS Street

This $7,498,000 Multi Family at 150 CRESS Street in Laguna Beach, CA is presented by Carl Wuestehube. This $7,498,000 Multi Family, located in the 92651 zip code, has the following property features: Disposal, View, Interior Construction, Refrigerator. This 150 CRESS Street Multi Family, located in Orange County , is listed under MLS listing number OC17118002 and has a listing price of $7,498,000. You can find more LAGUNA BEACH homes for sale here.