Property Description

Situated in the picturesque heart of The Village in Laguna Beach is a lucrative, turnkey investment opportunity: a triplex bathed in coastal charm and superbly located. The property is spread across four stories, including the garage and boasts excellent walkability near high-end dining, boutique shopping, five-star resorts, and top-rated schools, creating an oasis of comfort, style, and convenience. Each of the three units has a unique allure, characterized by significant outdoor square footage, beamed ceilings and hardwood floors. The units’ kitchens, each adorned with stainless steel appliances, add a touch of modern elegance and functionality. Nestled on the lowest level, Unit A offers a two-bedroom, one-bathroom layout. Serenity defines this space, from its peaceful bedrooms to its outdoor deck that provides city light and neighborhood views—an ideal spot to unwind or entertain. Unit B, located on the middle level, unfolds as a flexible studio with one bathroom and an outdoor patio, a canvas for creative personalization. It can serve as a home office, an artist’s studio, or a guest suite; the potential is unlimited. Ascending to the upper unit, you’ll find Unit C, mirroring Unit A with two tranquil bedrooms and one full bathroom. With its extraordinary income-earning poten

Features
: Forced Air
: Central Air, Wall/window Unit(s)
: City Lights
: Dishwasher, Gas Range, Refrigerator
: Wood
4
: Other, Inside
: Attached, Garage Faces Front, Other
Address Map
CA
Orange
Laguna Beach
92651
385 Mermaid Street
0
W118° 13' 6.7''
N33° 32' 33.6''
Cross Streets: Glenneyre and 2nd
MLS Addon
Coldwell Banker Realty
Tim Smith
tim@timsmithgroup.com
: Three Or More Stories
CR297944
CR57100
: Public

Residential For Sale

385 Mermaid Street, Laguna Beach, California 92651

4 Bedrooms
4 Bathrooms
2,000 Sqft
$3,795,000
Listing ID #CRNP23225178
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : CRNP23225178
Price : $3,795,000
Bedrooms : 4
Bathrooms : 4
Square Footage : 2,000 Sqft
Year Built : 1946
Lot Area : 2,614 Sqft
Bathrooms Total : 4
Status : Active
Property SubType : Single Family Home
Agent info
Michael Roberts
Contact Agent