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Listed by Derek Larson • Derek Lee Larson
$ 8,495,000
Est. payment | /mo
3,300 SqFt
$ 8,495,000
Est. payment | /mo
3,300 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $2,574
MLS Listing ID CROC25017251
HOA Y/N No
Year Built 1955
Lot Size 7,241 Sqft
Property Sub-Type Triplex
Source Datashare California Regional
Property Description
FULLY FURNISHED, PERMITTED VACATION RENTAL TRIPLEX WITH OCEAN VIEWS ONLY STEPS TO CRESS STREET BEACH! Motivated seller has already purchased his next investment! This is one of the most desirable properties, and locations, in all of Laguna Beach! Presenting the Villas of Laguna Vista. Ideal configuration across 2 individual buildings, on a fully hardscaped 7500sf sf lot! Super Host Accounts with AirBNB and VRBO included. The minimum annual revenue is well over $400,000, and that is at less than 60% occupancy! Occupancy can routinely reach 75-80% in this location, but seller uses property for personal use. The income can easily exceed $500,000+! Includes a single family residence style villa, and completely separate duplex style villas, right at the doorstep of Cress Street Beach. The centerpiece of this extraordinary ensemble is the primary villa, a sophisticated single-level residence offering 3 spacious bedrooms and 2.5 opulent baths. This villa includes a private 1-car garage and a gated driveway accommodating up to 3 vehicles. The additional 2 villas, separated by only one common wall featuring 3 bedrooms and 2 baths, and 2 bedrooms with 1 bath respectively, share a 2-car garage, accessible from Oceanfront street, ensuring privacy and tranquility to the primary villa. Each vi
Location
State CA
County Orange
Interior
Fireplace No
Laundry Other
Building
Lot Description Corner Lot
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