This Multifamily Property is no longer advertised on LoopNet.com.

150 Cress St
Laguna Beach, CA 92651
Multifamily Property For Sale · 3 Units

Investment Highlights

  • Steps to Cress Beach
  • High end finishes
  • Ocean views
  • Official Vacation Rental Permit allows for short-term rentals and high income

Property Facts

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

Property Taxes

Parcel Number
644-074-06
Land Assessment
$8,441,044
Improvements Assessment
$142,256
Total Assessment
$8,583,300
  • Listing ID: 27720051

  • Date on Market: 2/9/2023

  • Last Updated:

  • Address: 150 Cress St, Laguna Beach, CA 92651

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