This is an extraordinary opportunity to acquire a unique, 2 homes on 1 oversized lot, only steps to Cress Street Beach. The first home is a 3 Bedroom 2.5 bath 1400sf, completely detached, single level home, and the second home is an 1800sf Duplex with amazing ocean views. The 3… Read More elegantly appointed, and fully furnished ocean-view villas, 120, 130, & 150 Cress Street are set on an expansive and meticulously hardscaped lot. Perfectly suited for an exquisite owner-occupied residence, or for the most discerning real estate investor. This remarkable property allows the owner to enjoy one of the most coveted beach house locations in Southern California, with the option to occupy both homes, or rent the duplex. What's more impressive, all 3 Villas are permitted for vacation rentals. Live in paradise and effortlessly earn $250,000+ from the duplex. The short term lodging permits will never expire! The centerpiece of this extraordinary ensemble, is of course, the primary villa, 150 Cress Street, it is 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 Duplex features 3 bedrooms and 2 baths, and 2 bedrooms with 1 bath respectively, they share a separate two-car garage, accessed from an entirely different street, ensuring privacy and tranquility for the primary villa. This is a once in a lifetime opportunity. Your dream of owning a piece of paradise on the world famous shores of Laguna Beach awaits. Read Less
Listing Snapshot
Days Online
29
Last Updated
Property Type
Triplex
Beds
8
Full Baths
5
Partial Baths
1
Square Ft.
3,300
Lot Size
0.17 Acres
Year Built
1955
MLS Number
OC25149921
30 Days Snapshot Of 92651
$4.20M
+14%
(avg) sold price
19
-20%
homes sold
131
+8%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1955, Levels: One, Living area: 3300, 1 story, Common walls: NoCommonWalls
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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