150 Cress Street

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150 Cress Street
The Village (VIL)
Laguna Beach CA 92651
Offered at: $6,495,000
Status: Active

Contact:
Allan Heller
949.395.9966

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, the Hip District. 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 & personal gratification. The rare Laguna Beach short term rental license conveys with the property
Property Features
General
  • Year Built: 2007
  • Bedrooms: 8
  • Bathrooms Total: 6
  • Living Area: 3415.00 Sq Ft
  • Lot Size: 7241 Sq Ft
  • Levels: One
  • Property Sub Type: Single Family Residence
  • Has HOA?: No
Interior
  • Interior Features: Granite Counters, Open Floor Plan
  • Cooling: Central
  • Heating: Central Furnace
  • Accessibility Features: None
  • Appliances: Dishwasher, Recirculated Exhaust Fan, Refrigerator
  • Laundry: Inside
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom
  • Fireplace Features: Living Room, Outdoors, Patio, Gas, Fire Pit
  • Flooring:
Exterior
  • Has Pool?: No
  • Pool Features: None
  • Has Spa?: No
  • Spa Features: None
  • Common Walls: No Common Walls
  • Architectural Style: Bungalow, Cottage
  • Has View?: Yes
  • View: Coastline, Ocean, Panoramic, Water, White Water
  • Exterior Features:
  • Waterfront Features: Beach Front, Ocean Side Of Highway 1
  • Parking Total: 6
  • Has Attached Garage?: Yes
  • Garage Spaces: 3
  • Carport Spaces: 0
  • Uncovered Spaces: 3
  • Parking Features: Driveway, Garage - Single Door, Garage - Two Door, Off Street, Parking Space, See Remarks
School Information
  • High School District: Laguna Beach Unified
  • High School:
  • Middle or Junior School:
  • Elementary School:
Listing Information
  • Listing Id: LG20242010
  • Listing Agent: Seth Nelson (01922241)
  • Listing Office: DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Listing data is updated every hour and was last updated on Fri, Dec 4, 2020 at 11:15:56 (America/Los_Angeles). All displayed listing data comes from the California Regional Multiple Listing Service, Inc. (CRMLS). This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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