Listing Courtesy of: CRMLS / Coldwell Banker Realty / Katin Reinhardt - Contact: 949-491-6040
385 Mermaid Laguna Beach, CA 92651
Active (507 Days)
$3,350,000
Description
MLS #:
OC25108976
OC25108976
Lot Size
2,614 SQFT
2,614 SQFT
Type
Multifamily
Multifamily
Year Built
1945
1945
Views
City Lights, Hills
City Lights, Hills
School District
Laguna Beach Unified
Laguna Beach Unified
County
Orange County
Orange County
Community
The Village (Vil)
The Village (Vil)
Listed By
Katin Reinhardt, DRE #02135077 CA, Coldwell Banker Realty, Contact: 949-491-6040
Source
CRMLS
Last checked Jul 22 2025 at 7:08 AM GMT+0000
CRMLS
Last checked Jul 22 2025 at 7:08 AM GMT+0000
Bathroom Details
- Full Bathrooms: 3
Interior Features
- Balcony
- Laundry: Inside
- Laundry: Stacked
Subdivision
- The Village (Vil)
Heating and Cooling
- Forced Air
- Central Air
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Living Area
- 2,000 sqft
Additional Information: Laguna Beach | 949-491-6040
Location
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
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.