385 Mermaid ST Active

Laguna Beach,CA 92651

$ 3695000

4 Beds

4 Baths

2000 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $1,847

MLS Listing ID CRNP23225178

Bedrooms 4

Full Baths 4

Originating Board California Regional MLS

Year Built 1946

Lot Size 2,614 Sqft

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 potenti

Location

State CA

County Orange

Area Lv - Laguna Village

Rooms

Kitchen Dishwasher,Freezer,Hood Over Range,Other,Refrigerator

Interior

Heating Forced Air

Cooling Central AC,Window / Wall Unit

Fireplaces Type None

Laundry Other,Stacked Only

Exterior

Parking Features Garage

Garage Spaces 4.0

Pool 31,None

View City Lights

Building

Story Split Level,Three or More Stories

Water District - Public

Others

Tax ID 64126506

Special Listing Condition Not Applicable

View More
Favorite Go Tour