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  • Status:Active
  • Square Foot:3,415
  • Lot Size:0.16 Acres
  • Community:Laguna Village
  • Zip Code:92651
  • Property Type:Residential Income
  • List Date:Fri, May 26 2017

Property Description

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.

Property Details

Essential Information

  • MLS #OC17118002
  • Price$7,498,000
  • Square Footage3,415
  • Acres0.16
  • Year Built2007
  • TypeResidential Income
  • StyleContemporary
  • StatusActive

Amenities

  • Parking Spaces6
  • # of Garages3
  • Is WaterfrontYes
  • WaterfrontOcean Side of Freeway

Exterior

  • Lot DescriptionBluff Front
  • WindowsDouble Pane Windows
  • RoofComposition, Shingle

Listing Details

  • Listing AgentCarl Wuestehube
  • Listing OfficeTri-star Realty

Community Information

  • Address150 Cress Street
  • AreaLaguna Village
  • SubdivisionMain Beach
  • CityLaguna Beach
  • CountyOrange
  • StateCA
  • Zip Code92651

Interior

  • AppliancesDishwasher, Garbage Disposal, Microwave, Refrigerator, Water Purifier
  • HeatingForced Air
  • FireplaceYes
  • # of Stories1
  • StoriesOne Level

Additional Information

  • StoriesOne Level

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