714-914-4996

385 Mermaid ,
Laguna Beach, CA 92651

$3,150,000

385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA385 Mermaid , Laguna Beach, CA
Jansen Team

Jansen Team

714-914-4996

rob@jansen-team.com

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.

Basic Information

MLS #:
OC25108976
Price:
$3,150,000
Price
(per sq ft):
$1,575.00
Address:
385 Mermaid ,
Laguna Beach, CA 92651
MLS Area:
LV - Laguna Village
Subdivision:
The Village (VIL)
Property
Type:
Triplex
Days on Market:
113
Status:
Pending
Bedrooms:
5
Bathrooms:
3
Full Baths:
3
Size (sq ft):
2,000 sq ft
Lot Size:
2,614 sq ft
Year Built:
1945
Sale Type:
Standard

Rooms in Home

Rooms:
Kitchen, Laundry, Living Room, Main Floor Bedroom
Eating Area:
Laundry:
Inside, Stackable
Entry Location:
1

Interior Features

Fireplace:
None
Cooling:
Central Air
Heating:
Forced Air
Floor:
Appliances:
Interior Features:
Balcony
Security:
Accessibility:

Garage and Parking

Garage:
Detached
Garage:
4 Spaces
Carport:
0 Spaces
Parking:

Home Owners Association

HOA Dues 1:
$0.00 /
HOA Dues 2:
$
HOA Amenities: 

Utilities

Water:
Public
Utilities:

School Information

District:
Laguna Beach Unified
Elementary:
Middle:
High:

Exterior Features

Pool:
None
Spa:
Patio:
View:
City Lights, Hills
Construction:
Foundation:
Roof:
Windows:
Common Walls:
No Common Walls
Levels:
Three Or More
Lot Features:
0-1 Unit/Acre

Additional Information

County:
Orange
Senior Community:
No
Community Features:
Curbs
Other Structures:
Structure Condition:
Direction Faces:
Listed by:
Coldwell Banker Realty , Katin Reinhardt , 02135077
Co-Listed:
Last
Updated:
10/16/2025 10:53 AM

385 Mermaid ,
Laguna Beach, CA 92651

Jansen Team
Real Estate

Rob Jansen, Broker

California Office

Phone: 714-914-4996

4000 Barranca Parkway, Suite 250
Irvine, CA 92604

Email: rob@jansen-team.com

Idaho Office

Phone: 208-360-5198

2184 Channing Way , # 324
Idaho Falls, ID 83404

CA-Lic#01799964, ID-Lic#PR54424 ■ © 2023 Copyright Jansen Team Real Estate ■ Equal Housing Opportunity

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