150 Cress St | Laguna Beach, CA 92651
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150 Cress St
Laguna Beach, CA 92651
#120, #130, & #150 Villas of Laguna Vista · Multifamily Property For Sale
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3 Units
Investment Highlights
- Rare Permitted Vacation Rental Steps to Cress Street Beach, Immediate Income Increase Potential
- Incredible Location! Ocean Views, AirBNB and VRBO Accounts Included, Earn Income Immediately!
- Earn up to $550,000+ Annually. Permits Transfer to Owner, No Renewals Required!
Property Facts
| No. Units | 3 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 3,415 SF |
| Property Subtype | Apartment | Average Occupancy | 57% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | B | Year Built/Renovated | 1955/2006 |
| Zoning | R3 - Each of the 3 villas are permitted for short term lodging, and NO renewal is needed. Legally allowed to build up to 6, 1500sf condos, approval needed | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 3,415 SF |
| Average Occupancy | 57% |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2006 |
| Zoning | R3 - Each of the 3 villas are permitted for short term lodging, and NO renewal is needed. Legally allowed to build up to 6, 1500sf condos, approval needed |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer
- Ceiling Fans
- Crown Molding
- Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Stainless Steel Appliances
- Tub/Shower
- Grill
- Coffee System
- Double Pane Windows
- Garden
- Linen Closet
- Smoke Free
- Window Coverings
Site Amenities
- Fenced Lot
- Furnished Units Available
- Grill
- Gas Range
- Wi-Fi
- Community-Wide WiFi
- Green Community
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 3+2 | 1 | - | - |
| 3+2.5 | 1 | - | - |
Property Taxes
| Parcel Number | 644-074-06 | Improvements Assessment | $139,467 |
| Land Assessment | $8,275,533 | Total Assessment | $8,415,000 |
Property Taxes
Parcel Number
644-074-06
Land Assessment
$8,275,533
Improvements Assessment
$139,467
Total Assessment
$8,415,000
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