Introducing 150 Cress Street, an exquisite, fully permitted, vacation rental triplex situated mere steps from the pristine Cress Street Beach. This exceptional property represents one of the most coveted investments along the stunning coastline of Southern California’s famed Laguna Beach.
Spanning an impressive 2,800 square feet across two distinct structures, this triplex is set upon an oversized, 7500 square foot lot that has been meticulously hardscaped to create an outdoor oasis. Revel in the luxury of four built-in fire pits, inviting lounge areas, and a bar top that seamlessly leads your eyes to the golden sands. This property is an unparalleled opportunity for discerning investors, visionary builders, or those seeking a magnificent owner-occupied estate.
Each of the three elegantly appointed villas—Cress Point, Laguna Point, and Laguna Vista—boasts nearly flawless ratings on both Airbnb and VRBO, reflecting the high demand for this remarkable locale. Such a rare opportunity to acquire a true beach paradise may arise only once in a decade; seize this moment to own one of the finest properties available.
Offered at $10 million, this investment promises an impressive annual income of $420,000, with abundant potential for further growth. Don't let this opportunity slip away.
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California Dream