Laguna Beach, CA 92651,385 Mermaid
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Laguna Beach, CA 92651,385 Mermaid
Laguna Beach, CA 92651,385 Mermaid
Laguna Beach, CA 92651,385 Mermaid
Laguna Beach, CA 92651,385 Mermaid
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$ 3,350,000
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385 Mermaid Laguna Beach, CA 92651

5 Beds

3 Baths

2,000 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $1,675

Subdivision The Village (Vil)

MLS Listing ID OC25108976

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1945

Lot Size 2,613 Sqft

Property Sub-Type Triplex

Property Description

Welcome to 385 Mermaid Street, a fully renovated triplex offering the best of coastal living and income potential in the heart of Laguna Beach Village. This charming property consists of three fully furnished residences—two spacious 2-bedroom, 1-bath units and a light-filled studio—each with private laundry, garage parking, and outdoor space.

Originally built in 1946 and completely renovated in 2015, every unit blends classic coastal character with modern upgrades. Residents enjoy private balconies and a shared deck with sweeping city views, beamed ceilings, hardwood floors, and updated kitchens with stainless steel appliances.

With its extraordinary income-earning potential, all three units can be fully leased for consistent earnings, or partially occupied with the remaining units rented out. The property's prime location, just steps from beaches, galleries, dining, and shopping, makes it a compelling investment opportunity.

Whether you're an investor or looking for a live-and-lease lifestyle, 385 Mermaid offers unmatched flexibility, charm, and value in one of Southern California's most sought-after beach communities.

Location

State CA

County Orange

Area Lv - Laguna Village

Rooms

Main Level Bedrooms 2

Interior

Interior Features Balcony, Bedroom on Main Level

Heating Forced Air

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Inside, Stacked

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs

View Y/N Yes

View City Lights, Hills

Attached Garage No

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Triplex

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Schools

School District Laguna Beach Unified

Others

Senior Community No

Tax ID 64126506

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Katin Reinhardt • Kase Real Estate • 949-491-6040
agent

Ethan Hauptli

Agent

+1(970) 319-8491

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385 Mermaid