385 Mermaid, Laguna Beach, CA 92651 - MLS#OC25108976

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Nicole Hazelton

[email protected] +1(619) 206-1892

$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 All Other Attached

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

Year Built 1945

Lot Dimensions 2614

Property Sub-Type All Other Attached

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 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.

Location

State CA

County Orange

Direction Cross streets are Glenneyre and 2nd

Interior

Interior Features Balcony

Heating Forced Air Unit

Cooling Central Forced Air

Fireplace No

Exterior

Garage Spaces 4.0

View Y/N Yes

Water Access Desc Public

View Mountains/Hills, City Lights

Building

Sewer Public Sewer

Water Public

Others

Tax ID 64126506

Special Listing Condition Standard

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Listed by Katin Reinhardt Kase Real Estate

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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385 Mermaid Laguna Beach, CA 92651

Nicole Hazelton

Key Details

Location

Interior

Exterior

Building

Others

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