Laguna Beach, CA 92651,385 Mermaid
See all 30 photos
Laguna Beach, CA 92651,385 Mermaid
Laguna Beach, CA 92651,385 Mermaid
Laguna Beach, CA 92651,385 Mermaid
Laguna Beach, CA 92651,385 Mermaid

$2,940,000

Est. payment /mo

$3,150,000

6.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

385 Mermaid Laguna Beach, CA 92651

5 Beds

3 Baths

2,000 SqFt

SOLD DATE : 10/14/2025

Key Details

Sold Price $2,940,000

Property Type Condo

Sub Type All Other Attached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $1,470

Subdivision The Village (Vil)

MLS Listing ID OC25108976

Bedrooms 5

Full Baths 3

Year Built 1945

Lot Size 2,614 Sqft

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

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Exterior

Garage Spaces 4.0

View Y/N Yes

View Mountains/Hills, City Lights

Building

Sewer Public Sewer

Water Public

Others

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


MLS Router / San Diego MLS
Listed by Katin Reinhardt Coldwell Banker Realty
Bought with NONMEMBER MRML
Candi DeMoura

Candi DeMoura

Realtor | License ID: 01930846

+1(858) 900-1333

GET MORE INFORMATION

Name
Phone*
Message