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PERMITTED VACATION RENTAL TRIPLEX STEPS TO CRESS STREET BEACH WITH INCREDIBLE OCEAN VIEWS! Fantastic income opportunity from a truly rare, fully furnished, one-of-a-kind dream property. This is 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 a 12 year history on AirBNB and VRBO, this property effortlessly fills 60% occupancy each year and at minimum, earns in excess of $400,000 annually. The potential to see income soar to $500,000+ 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 both the options for 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 a minimum of $400,000 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, which are completely separate from the primary villa, share only one common wall between each other. Featuring a 3 bedroom and 2 bath, and a 2 bedroom with 1 bath villa, and 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. All 3 villas can be found on AirBNB and VRBO. These 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! There are few better investment opportunities anywhere in Southern California.
Property Type(s):
Residential Income
| Last Updated | 7/7/2025 | Tract | The Village (VIL) |
|---|---|---|---|
| Year Built | 1955 | Community | LV - Laguna Village |
| Garage Spaces | 3.0 | County | Orange |
Additional Details
| APPLIANCES | Washer/Dryer Stacked |
|---|---|
| AREA | LV - Laguna Village |
| GARAGE | Yes |
| LOT | 7240 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Driveway, Garage |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| SUBDIVISION | The Village (VIL) |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Beach Access, Beach Front, Ocean Access |
Location
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Listed with Derek Lee Larson
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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