385 Mermaid Street
Laguna Beach, CA 92651
- 4 beds
- 4 baths
- 2,000 sqft
- 2,614 sqft lot
- $1,847 per sqft
- 1946 build
- – on site
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 poten
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Dec 16, 2024
•
MLS# CRNP23225178 —
This home is listed in more than one place. See it here.
The Building
-
Year Built:1946
-
Building Area Units:Square Feet
-
Levels:Three or More Stories
-
Entry Level:2
-
Building Area Total:2000
-
Building Area Source:Owner
Interior
-
Interior Features:Kitchen/Family Combo
-
Kitchen Features:Dishwasher, Gas Range/Cooktop, Refrigerator, Other
-
Flooring:Wood
-
Fireplace:false
-
Fireplace Features:None
Room Dimensions
-
Living Area:2000
-
Living Area Units:Square Feet
Location
-
Directions:Cross Streets: Glenneyre and 2nd
The Property
-
Property Type:Residential
-
Property Subtype:Single Family Residence
-
Parcel Number:64126506
-
Lot Size Area:0.06
-
Lot Size Acres:0.06
-
Lot Size SqFt:2614
-
Lot Size Units:Acres
-
View:City Lights
-
View:true
Listing Agent
- Contact info:
- Agent phone:
- (949) 478-2295
Taxes
-
Tax Tract:626.05
Beds
-
Bedrooms Total:4
Baths
-
Total Baths:4
-
Full Baths:4
The Listing
-
Listing TermsOther
-
Virtual Tour URL Unbranded:https://mantis-3d.aryeo.com/sites/ybqkpok/unbranded
Heating & Cooling
-
Heating:Forced Air
-
Heating:true
-
Cooling:Central Air
-
Cooling:true
Utilities
-
Sewer:Public Sewer
-
Water Source:Public
Appliances
-
Appliances:Dishwasher
-
Laundry Features:Other
Schools
-
High School District:Laguna Beach Unified
The Community
-
Association:false
-
# of Units In Community:3
-
Pool Private:false
-
Pool Features:None
Parking
-
Garage:true
-
Attached Garage:true
-
Garage Spaces:4
-
Carport:false
-
Parking Total:6
-
Parking Features:Attached
-
Covered Spaces:4
Monthly cost estimate
Asking price
$3,695,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$19,785
|
| Taxes | N/A |
| Insurance | $1,016 |
| Utilities | $183 See report |
| Total | $20,984/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/22/24
Oct 22, 2024
|
Price Changed | BRIDGE | $3,695,000 | -2.6% |
|
6/3/24
Jun 3, 2024
|
Price Changed | BRIDGE | $3,795,000 | -5.0% |
|
1/2/24
Jan 2, 2024
|
Listed / Active | BRIDGE | $3,995,000 | 26.3% (16.4% / YR) |
