Sold
385 Mermaid sold on October 14, 2025 for $2,940,000, 6.7% below the $3,150,000 asking price after 553 days on the market, including an earlier listing; it was first listed at $3,350,000. The details are below for reference.
385 Mermaid, Laguna Beach, CA 92651
- 5 beds
- 3 baths
- 2,000 sq ft
- Built 1945
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$2,940,000
Subdivision The Village
The Village is Laguna Beach's downtown core, where Forest Avenue and South Coast Highway meet walkable blocks of art galleries, storefronts, and restaurants.
The home
About 385 Mermaid
Welcome to 385 Mermaid Street, a fully renovated triplex offering the best of coastal living and income potential in the heart of Laguna Beach Village. This charming property consists of three fully furnished residences—two spacious 2-bedroom, 1-bath units and a light-filled studio—each with private laundry, garage parking, and outdoor space.
Originally built in 1946 and completely renovated in 2015, every unit blends classic coastal character with modern upgrades. Residents enjoy private balconies and a shared deck with sweeping city views, beamed ceilings, hardwood floors, and updated kitchens with stainless steel appliances.
With its extraordinary income-earning potential, all three units can be fully leased for consistent earnings, or partially occupied with the remaining units rented out. The property’s prime location, just steps from beaches, galleries, dining, and shopping, makes it a compelling investment opportunity.
Whether you’re an investor or looking for a live-and-lease lifestyle, 385 Mermaid offers unmatched flexibility, charm, and value in one of Southern California’s most sought-after beach communities.
Property details for 385 Mermaid
This 5-bedroom, 3-bath triplex sits in the Village neighborhood of Laguna Beach in Orange County. It has 2,000 square feet of living space. The home was built in 1945. The MLS record lists the assessor parcel number as 641-265-06. Highlights include city lights and hill views, a four-car garage, and central air.
Specifications
Home Details
General Features
- Property Type
- Triplex
- MLS Number
- OC25108976
- Year Built
- 1945
- Living Area (sq ft)
- 2,000
- Living Area Source
- Public Records
- Lot Size (sq ft)
- 2,614
- Lot Size (acres)
- 0.06
- Levels
- Three Or More
- Bedrooms
- 5
- Full Baths
- 3
- Garage Spaces
- 4
- Parking Spaces
- 4
- View
- City Lights, Hills
- Parcel Number
- 64126506
- On Market Date
- 2025-05-16
- Listing Terms
- Standard
Interior Features
- Interior Features
- Balcony, Bedroom On Main Level
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- None
- Laundry
- Inside, Stacked
- Main Level Bedrooms
- 2
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Lot Features
- Zero To One Unit Acre
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 3
Community Features
- Subdivision
- The Village (VIL)
- Community Features
- Curbs
The record
Property History for 385 Mermaid
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 14, 2025 | Sold | $2,940,000 | |
| Sep 10, 2025 | Status changed to Pending | From Active | |
| Jul 31, 2025 | Price reduced | $3,150,000 | From $3,350,000 |
| May 16, 2025 | Relisted | $3,350,000 | |
| May 25, 2022 | Sold | $3,162,240 | Compass |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 385 Mermaid
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0416K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Moderate Fire Hazard Severity Zone, Local Responsibility Area.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.
- Liquefaction zone
Outside the liquefaction zones.
California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Outside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: Frontier, up to 7,000 Mbps, at 10 of 22 residential locations in this census block. Fiber: Cox Communications, up to 1,000 Mbps, at 15 of 22. DSL: Frontier, up to 10 Mbps, at 1 of 22.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626051015, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.1 miles away (ChargePoint, 2 Level 2 ports). 25 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
385 Mermaid is no longer on the market, but comparable homes come up in Laguna Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 385 Mermaid
Thinking of selling nearby? We bring current The Village sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
The neighborhood
About The Village
The Village is Laguna Beach's downtown core, where Forest Avenue and South Coast Highway meet walkable blocks of art galleries, storefronts, and restaurants. It fronts Main Beach Park and the bluff-top trails of Heisler Park, sits within Laguna Beach Unified School District, and keeps its historic gallery-town character along the coast.
See homes for sale in The Village Laguna Beach housing market
Schools
School District for 385 Mermaid
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Laguna Beach Unified.
Moving to Laguna Beach covers its schools, parks and beaches.
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Listed by Katin Reinhardt of Coldwell Banker Realty
Listing information updated Mar 26, 2026 at 1:42 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.