$ 3,695,000
385 Mermaid ST Laguna Beach, CA 92651
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,695,000
Est. payment /mo
Price Dropped by $100K
385 Mermaid ST Laguna Beach, CA 92651
4 Beds
4 Baths
2,000 SqFt
UPDATED:
10/21/2024 06:45 PM
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
Garage 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
© 2024 MLSListings Inc. All rights reserved.
Listed by Tim Smith • Coldwell Banker Realty