Bought with Datashare CR Don't Delete Default Agent • NONMEMBER MRML
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,940,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $1,470
MLS Listing ID CROC25108976
Sold Date 10/14/25
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1945
Lot Size 2,614 Sqft
Property Sub-Type Detached
Source Datashare California Regional
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 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.
Location
State CA
County Orange
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Other, Inside
Exterior
Garage Spaces 4.0
Pool None
View City Lights, Hills
Private Pool false
Building
Story 3
Water Public
Schools
School District Laguna Beach Unified
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

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

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Get More Information

- San Francisco, CA
- Oakland, CA
- San Diego, CA
- Berkeley, CA
- Palo Alto, CA
- San Jose, CA
- Concord, CA
- Fremont, CA
- Marin, CA
- Santa Clara, CA
- Daly City, CA
- San Ramon, CA
- Hercules, CA
- Vallejo, CA
- Benicia, CA
- Fairfield, CA
- Redwood City, CA
- Richmond, CA
- Atherton, CA
- Alameda, CA
- Hayward, CA
- Pleasanton, CA
- Livermore, CA
- San Leandro, CA
- Vacaville, CA
- Cupertino, CA
- Walnut Creek, CA
- Dublin, CA
- Castro Valley, CA
- Mill Valley, CA
- Tiburon, CA
- Sausalito, CA
- Napa, CA
- American Canyon , CA
- San Rafael, CA
- Mountain View, CA
- Sunnyvale, CA
- Los Gatos, CA
- Tracy, CA
- Brentwood, CA
- Oakley, CA
- Discovery Bay, CA
- Orinda, CA
- Moraga, CA
- Lafayette, CA
- Alamo, CA
- Foster City, CA
