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Listed by Tim Smith • Coldwell Banker Realty
$ 3,695,000
Est. payment /mo
Active
385 Mermaid Street Laguna Beach, CA 92651
4 Beds
4 Baths
2,000 SqFt
UPDATED:
10/22/2024 05:14 AM
Key Details
Property Type Single Family Home
Sub Type Detached
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
HOA Y/N No
Originating Board Datashare California Regional
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 poten
Location
State CA
County Orange
Interior
Heating Forced Air
Cooling Central Air, Wall/Window Unit(s)
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Range, Refrigerator
Laundry Other, Inside
Exterior
Garage Spaces 4.0
Pool None
View City Lights
Private Pool false
Building
Story 3
Water Public
Schools
School District Laguna Beach Unified
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