For Sale

150 Cress St
Laguna Beach, CA 92651

Bd   — Ba   3,415 Sqft    85 Days
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, 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.
  • $0 HOA
  • $2,196/Sqft
  • MLS#OC17118002 provided by Carl Wuestehube of Tri-Star Realty
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 2 months ago

Home Features for 150 Cress Street , Laguna Beach

Year Built: 2007
Lot Size Acres: 0.16
Lot Size Square Feet: 7241
Lot Size Units: Square Feet
Lot Size Area: 7241
Lot Size Dimensions: 72x100
Price Per Square Foot: 2195.61
Tax Lot: 14
Tax Tract Number: 5160
New Taxes Expense: 78000
Parcel Number: 64407406
Tax Area: 5003
Tax Block: 52
Special Listing Conditions: Standard
Standard Status: Active
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Property History for 150 Cress Street, Laguna Beach

Status
Date
Price
Listed
May 26, 2017
$7,498,000
#OC17118002
Cancelled
May 19, 2017
#OC16748116
Cancelled
Nov 16, 2016
#OC16138535
Listed
Nov 16, 2016
$7,788,000
#OC16748211
Listed
Nov 16, 2016
$7,788,000
#OC16748116
Listed
Nov 16, 2016
$7,788,000
#OC16748116
Price Change
Aug 14, 2016
$7,788,000
#OC16138535
Listed
Jun 26, 2016
$7,495,000
#OC16138545
Listed
Jun 26, 2016
$7,788,000
#OC16138535
Listed
Jun 26, 2016
$7,495,000
#OC16138535
Canceled
Jan 11, 2012
Listed
Jul 7, 2011
$5,459,000
#S665535
Expired
Jul 2, 2011
Listed
Jan 10, 2011
$5,449,000
#L34886
Canceled
Oct 5, 2010
Listed
Nov 13, 2009
$5,990,000
#S596081
Canceled
Nov 3, 2009
Listed
Oct 2, 2009
$5,890,000
#S591362
Canceled
Sep 30, 2009
Listed
Aug 24, 2009
$5,890,000
#L30815
Expired
Aug 11, 2009
Listed
Feb 10, 2009
$5,999,000
#L28803

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Public Record for 150 Cress Street, Laguna Beach

2,605 Sqft Building Area
Triplex (3 units, any combination)
6,800 Sqft Lot Size
1955 Year Built
$2,900,000 Last Sale Price
06/02/2005 Last Sale Date
Attached Garage Garage Type

Real Estate Market Statistics for 150 Cress Street, Laguna Beach

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150 Cress Street

No data!
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$7.5M

150 Cress Street

$2.8M

The Village

-1% y/y

The Village

$2.92M

92651

-1% y/y

92651

$2.92M

Laguna Beach

-1% y/y

Laguna Beach

See all trends for Laguna Beach
As of , there are 266 properties listed for sale in ZIP code 92651 and 266 properties listed for sale in the city of Laguna Beach, CA. Those 266 properties include 235 single family homes and 31 condos. This property at 150 Cress St in 92651 is currently listed for $7,498,000. This is 156% above the median price of $2,924,500 for Laguna Beach and 156% above the median of $2,924,500 for 92651. 150 Cress St is approximately 3,415 Sqft, which is 27% above the Laguna Beach median of 2,691 and 27% above the 92651 ZIP code median of 2,691. This property's price per Sqft is $2,196, which is 84% above the median price in 92651 of $1,195 and 84% above the Laguna Beach median of $1,195 per Sqft.
Built in 2007, this multi family house at 150 Cress St is approximately 3,415 square feet and comes with 6 parking spots. It is listed on 05/26/2017 with a cost per Sqft of $2,196. 150 Cress St is located in the The Village neighborhood in the Laguna Beach Unified. The closest school is Laguna Beach High School.

150 Cress St has been on the market for 85 days. The median days on the market for properties in this area is 84 with a median list price of $2,924,500 and median cost per square foot of $1,195. It's currently listed as active under the MLS #OC17118002.

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