- 5 Beds
- 3 Baths
- 2,000 Sqft
- .06 Acres
385 Mermaid
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 residencestwo spacious 2-bedroom, 1-bath units and a light-filled studioeach 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 propertys prime location, just steps from beaches, galleries, dining, and shopping, makes it a compelling investment opportunity. Whether youre an investor or looking for a live-and-lease lifestyle, 385 Mermaid offers unmatched flexibility, charm, and value in one of Southern Californias most sought-after beach communities.
Essential Information
- MLS® #OC25108976
- Price$3,350,000
- Bedrooms5
- Bathrooms3.00
- Full Baths3
- Square Footage2,000
- Acres0.06
- Year Built1945
- TypeResidential
- Sub-TypeAll Other Attached
- StatusACTIVE
Community Information
- Address385 Mermaid
- AreaOC - LAGUNA BEACH (92651)
- CityLaguna Beach
- CountyOrange
- StateCA
- Zip Code92651
Amenities
- # of Garages4
- ViewMountains/Hills, City Lights
- PoolN/K
Interior
- HeatingForced Air Unit
- CoolingCentral Forced Air
- FireplacesN/K
- # of Stories3
Exterior
- Lot DescriptionCurbs
Additional Information
- Date ListedApril 30th, 2025
- Days on Market17
Listing Details
- OfficeKase Real Estate
Kase Real Estate.
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Listing information last updated on June 17th, 2025 at 12:15am PDT.