Overview
- Residential
- 5
- 3
- 4
- 2000
- 398103
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.
Details
Updated on September 13, 2025 at 12:17 pm Listed by Katin Reinhardt, Coldwell Banker Realty- Property ID: 398103
- Price: $3,150,000
- Property Size: 2000 Sqft
- Land Area: 2614 Square Feet
- Bedrooms: 5
- Bathrooms: 3
- Garages: 4
- Year Built: 1945
- Property Type: Residential
- Property Status: Pending
Features
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