385 Mermaid

Laguna Beach, CA 92651

  • 5 Bed(s)
  • 3 Bath(s)
  • 2,000 Sqft
  • 2614
    Sqft(Lot)
$3,350,000

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.

  • Property Type

    Residential

  • County

    Orange

  • Style

    Residential

  • AD ID

    49800906

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Property Details

  • Bedroom Information

    • Total Bedrooms : 5

    Bathroom Information

    • Total Baths: 3
    • Full Baths: 3

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Balcony,Bedroom on Main Level
    • Fireplace: None

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Forced Air
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1945

    Pool Features

    • None

    Laundry Features

    • Inside,Stacked

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.06
    • Lot Size Dimensions: 2614
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 2614

  • Listing Price Information

    • Original List Price: 3,350,000
    • Listing Contract Date: 2025-04-30

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 64126506

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: LV - Laguna Village
    • Directions: Cross streets are Glenneyre and 2nd
    • Source Property Type: Residential
    • Area: LV - Laguna Village
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 80
    • Common Walls: No Common Walls
    • Structure Type: Triplex
    • Year Built Source: Public Records
    • Total Square Feet Living: 2000
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: Three Or More
    • Structure Type: Triplex
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BuyOwner last updated this listing 06/09/2025 @ 05:01

  • MLS: OC25108976
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 2,000 sqft, 2,614 sized lot, and 4 parking. are nearby neighborhoods.