Property Details
About this Property
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 potenti
MLS Listing Information
MLS #
CRNP23225178
MLS Source
California Regional MLS
Days on Site
350
Interior Features
Kitchen
Other
Appliances
Dishwasher, Freezer, Hood Over Range, Other, Refrigerator
Fireplace
None
Laundry
Other, Stacked Only
Cooling
Central Forced Air, Window/Wall Unit
Heating
Forced Air
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 4 Car(s)
Elementary District
Laguna Beach Unified
High School District
Laguna Beach Unified
HOA Fee
$0
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
385 Mermaid St is a Triplex in Laguna Beach, CA 92651. This 2,000 square foot property sits on a 2,614 Sq Ft Lot and features 4 bedrooms & 4 full bathrooms. It is currently priced at $3,695,000 and was built in 1946. This address can also be written as 385 Mermaid St, Laguna Beach, CA 92651.
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This listing information is up-to-date as of October 21, 2024. For the most current information, please contact Tim Smith, (949) 478-2295
