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Sold

150 Cress Street sold on February 3, 2026 for $7,000,000. The details are below for reference.

TriplexSold · Feb 3, 2026

150 Cress Street, Laguna Beach, CA 92651

  • 3,300 sq ft
  • Built 1955

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$7,000,000

MLS# OC25233819

Subdivision The Village

The Village is Laguna Beach's downtown core, where Forest Avenue and South Coast Highway meet walkable blocks of art galleries, storefronts, and restaurants.

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The home

About 150 Cress Street

PRICED TO SELL! PERMITTED VACATION RENTAL TRIPLEX STEPS TO CRESS STREET BEACH WITH INCREDIBLE OCEAN VIEWS, OR AMAZING DEVELOPMENT OPPORTUNITY! Cap rate is 6.47% as-is with room for growth! This is a fully furnished, one-of-a-kind investment property located at one of the most desirable 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, with parking for up to 6 cars. With a 12 year history on AirBNB and VRBO, this property effortlessly fills 65% occupancy each year, and routinely earns $450,000 annually. The potential to see income soar to $525,000+ is certainly within reach, as vacation rental occupancy can routinely reach 75-80% in this highly sought, and world famous travel destination. Few properties can offer options for development, personal use, and high level income, simultaneously. That is correct, this property can be enjoyed by the owner, friends, and family, anytime, year-round, while still earning $450,000 every year! 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 are a 3 bedroom and 2 bath, and a 2 bedroom with 1 bath, they share a 2-car garage, accessible from Oceanfront street, ensuring privacy and tranquility to the primary villa. Each villa is fully furnished, exuding luxury and comfort, providing guests with an idyllic beach vacation experience year-round. VRBO and AirBNB Super Host accounts are included with the sale, and each of the 3 short term lodging permits will transfer to the new owner. The permits for this property, do not expire! Or, if you prefer, you may also rent month to month. Endless options await, this is also a builders dream property, that will allow development of up to 6, 1500sf luxury ocean view condos, valued at $16,500,000, or enjoy the current vacation rental income. Each future condo would easily be valued at $2,500,000 - $3,500,000. There are few better investment opportunities anywhere in Southern California. Financing Available.

Property details for 150 Cress Street

This triplex sits in the Village neighborhood of Laguna Beach in Orange County. It offers 3,300 square feet of living space. The home was built in 1955. The MLS record lists the assessor parcel number as 644-074-06. Highlights include beach frontage, single-story living, and a three-car garage. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Specifications

Home Details

At a glance

Price
$7,000,000
Days On Site
N/A
Bedrooms
N/A
Inside Area (SqFt)
3,300 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1955
MLS® Number
OC25233819
Status
Sold
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

General Features

Property Type
Triplex
MLS Number
OC25233819
Year Built
1955
Lot Size (sq ft)
7,241
Lot Size (acres)
0.1662
Levels
One
Garage Spaces
3
Parking Spaces
6
Parcel Number
64407406
On Market Date
2025-10-06
Listing Terms
Standard

Interior Features

Laundry
Stacked
Entry Level
1
Common Walls
No Common Walls

Exterior Features

Lot Features
Corner Lot
Parking
Driveway, Garage
Pool Features
None
Sewer
Sewer Tap Paid
Water
Public
Units
3

Community Features

Subdivision
The Village (VIL)
Community Features
Hiking, Park, Water Sports

The record

Property History for 150 Cress Street

DateEventPriceNote
Feb 3, 2026 Sold $7,000,000
Dec 24, 2025 Status changed to Pending From Active Under Contract
Nov 20, 2025 Status changed to Active Under Contract From Active
Oct 6, 2025 Relisted $6,994,950
Jun 19, 2023 Sold $8,250,000 Tri-Star Realty
Jun 2, 2023 Sold $8,250,000 Tri-Star Realty

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 150 Cress Street

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0417K effective March 21, 2019. Checked October 15, 2026.

Fire hazard severity zone

Not in a fire hazard severity zone on the State Fire Marshal's map.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.

Liquefaction zone

Outside the liquefaction zones.

California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Tsunami hazard area

Outside the Tsunami Hazard Area on the State's evacuation planning map.

California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.

Internet and charging

Fixed internet

Fiber: Frontier, up to 7,000 Mbps, at 23 of 26 residential locations in this census block. Fiber: Cox Communications, up to 1,000 Mbps, at 26 of 26. Fixed wireless: Verizon, up to 300 Mbps, at 23 of 26.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626194025, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger less than 0.1 miles away (ChargePoint, 2 Level 2 ports). 25 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

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The neighborhood

About The Village

The Village is Laguna Beach's downtown core, where Forest Avenue and South Coast Highway meet walkable blocks of art galleries, storefronts, and restaurants. It fronts Main Beach Park and the bluff-top trails of Heisler Park, sits within Laguna Beach Unified School District, and keeps its historic gallery-town character along the coast.

See homes for sale in The Village Laguna Beach housing market

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Listed by Derek Larson of California Dream Luxury Homes & Investments

Listing information updated Feb 3, 2026 at 3:55 PM PT. Source: CRMLS.

CRMLS logo This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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