385 Mermaid , Laguna Beach, CA 92651

  • $3,350,000
385 Mermaid , Laguna Beach, CA 92651
Active
385 Mermaid , Laguna Beach, CA 92651
385 Mermaid , Laguna Beach, CA 92651
  • $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.

  • Address 385 Mermaid
  • City Laguna Beach
  • State/county CA
  • Zip/Postal Code 92651
  • Area The Village (VIL)
  • Country US

Details

Updated on May 17, 2025 at 1:39 pm
  • Property ID: OC25108976
  • Price: $3,350,000
  • Land Area: 0.06 Acres
  • Bedrooms: 5
  • Bathrooms: 3
  • Garages: 4.0
  • Garage Size: x x
  • Year Built: 1945
  • Property Type: Triplex, Residential
  • Property Status: Active

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  • Hoyt Hochman