Homes for sale - 385 Mermaid, Laguna Beach, CA 92651

Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Katin Reinhardt • Kase Real Estate

$3,350,000

Est. payment - /mo

5 Beds

3 Baths

2,000 SqFt

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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

MLS Listing ID CROC25108976

Bedrooms 5

Full Baths 3

Year Built 1945

Lot Size 2,614 Sqft

Property Sub-Type Triplex

Source California Regional MLS

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

Interior

Heating Forced Air

Cooling Central AC

Fireplaces Type None

Laundry Other, Stacked Only

Exterior

Garage Spaces 4.0

Pool None

View Hills, City Lights

Building

Story Three or More Stories

Water District - Public

Others

Tax ID 64126506

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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385 Mermaid Laguna Beach, CA 92651

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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