150 Cress St
Laguna Beach, CA 92651

8 Bd   6 Ba   3,415 Sqft
World Class Family Compound on the beach!! 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 as a second home when needed & 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 & enhances your great investment opportunity in one of the best & classy beach City in the United States. The villas are utilized as high end vacation rentals with excellent income stream.
  • Neighborhood: The Village
  • Days on Movoto: 93
  • Year Built: 2007
  • HOA:
  • $/Sqft: $2,281
  • Lot: 7,241 Sqft
  • Property Type: Single Family
  • MLS#: OC16138535
  • MLS:
  • Listing Office: Tri-Star Realty
  • Listing Broker: Carl Wuestehube
  • Movoto last checked: 3 hours ago
  • Last updated: 1 month ago

Home Features for 150 Cress St, Laguna Beach

Overview
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Public Record for 150 Cress Street, Laguna Beach

Basic Info
Beds :
Baths :
Building Area : 2,605 Sqft
Triplex (3 units, any combination)
Partial Baths :
Rooms :
Lot Size : 6,800 Sqft
Year Built : 1955
Last Sale Price : $2,900,000
Last Sale Date : 06/02/2005
House Features

Real Estate Market Statistics of 150 Cress Street , Laguna Beach

Laguna Beach, California

Total Inventory For Sale

255 Homes

-9% m/m -15% y/y

Median List Price

$2.7M

+1% m/m +8% y/y

Median Days On Market

101 Days

+10% m/m +9% y/y

Median House Size

2,510 Sqft

-2% m/m +4% y/y

Median Price Per Square Foot

$1,156 /Sqft

+3% m/m +3% y/y

Median Price

150 Cress St in ZIP code 92651 is a single family home currently listed for $7,788,000. This is 183% above the median of $2,750,000 for 92651 and 188% above the median price of $2,700,000 for the city of Laguna Beach, CA. As of today, , there are 258 properties listed for sale in the 92651 area and 255 properties listed for sale in Laguna Beach. Of those 255 properties for sale, 223 are single family homes and 32 are condos. 150 Cress St is approximately 3,415 square feet, 36% above the Laguna Beach median of 2,510 and 36% above the 92651 ZIP code median of 2,510. The price per square foot is $2,281, which is 97% above the median price in 92651 of $1,158 and 97% above the Laguna Beach median of $1,156 per Sqft.

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Built in 2007, this 8-bedroom, 6-bathroom single family house at 150 Cress St is approximately 3,415 square feet and comes with 6 parking spots. It is listed on 06/26/2016 for $7,788,000 with a cost per Sqft of $2,281. 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 93 days. The median days on the market for properties in this area is 101 with a median list price of $2,700,000 and median cost per square foot of $1,156. It's currently listed as active under the MLS #OC16138535.

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