In Escrow

385 Mermaid

Laguna Beach, CA 92651

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.

Sales Price $3,150,000

Beds

5

Baths

3

Home Size

2000 Sq. Ft.

Lot Size

2614 Sq. Ft.

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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.

This home located at 385 Mermaid is currently pending and has been available on pardeeproperties.com for 113 days. This property is listed at $3,150,000. It has 5 beds and 3 bathrooms. The property was built in 1945. 385 Mermaid is in the Laguna Village community of Orange County.

Quick Facts

  • 113 days on market
  • Built in 1945
  • Total parking spaces 4Car
  • Community | Laguna Village
  • MLS# | OC25108976MR

Features

  • Central Cooling
  • Forced Air Heat
  • Has View
  • City Lights, Hills Views
Connect with an agent
(14)

Melissa Misner

Partner | DRE #01865846

Listed By Katin Reinhardt · Coldwell Banker Realty

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