150 Cress St Laguna Beach CA 92651 2019-01-30T02:19:10+00:00

Project Description

150 Cress St Laguna Beach CA 92651

6,800,000

Unit #1 - 3 Bedroom, 2.5 Bath

Unit #2 - 3 Bedroom, 2 Bath

Unit #3 - 2 Bedroom, 1 Bath

3,415 Square Feet

Income Property

This gated Laguna Beach residential compound, “Laguna Vista,” is the most attractive and versatile multi-unit property in Laguna Beach. 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 vacation beach rentals, or both. The compound rests a short walk from restaurants and shopping Downtown or 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 and personal gratification.

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