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$1,495,000   Price Analysis
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357 Mermaid St
Laguna Beach, CA 92651
2 bed 2 bath 881 SqFt ($1696/SqFt)
1,307SqFt lot. Built 1921
Listed 2024-03-20, Taxes $15,310
Ⓧ USDA Ineligible
due to price & location

near Laguna Beach

Nestled in the vibrant heart of Laguna Beach Village

This charming duplex presents an unrivaled investment opportunity in an unbeatable location. The property comprises two inviting units: the front unit fatures a cozy layout with one bedroom and one bathroom, perfect for comfortable living. Meanwhile, the rear unit offers a quaint studio space, ideal for creative endeavors or as a serene retreat. Situated in the bustling downtown area, this duplex is moments away from an array of exquisite shops, gourmet restaurants and cafes, ensuring the best of Laguna Beach is right at your doorstep.

The shimmering sands and crystal-clear waters of the beach are a mere stroll away, inviting limitless days of sun-soaked leisure and picturesque sunsets. This property is not a place to live; it's a gateway to a lifestyle coveted by many but experienced by few. Whether you're looking to immerse yourself in the local culture, invest in a highly sought-after area or own a slice of paradise near the sea, this Laguna Beach duplex offers a unique blend of opportunity, convenience and coastal charm!


Presented by Robert Pfeif at
Robert Pfeif, Broker.
Listing Agent Photo

Property MLS #NP24052862 from CRMLS

Bedrooms: 2
Bedrooms On Main Level: 1

Total Bathrooms: 2
3/4 Bathrooms: 2
Bathrooms On Main Level: 1

Kitchen Appliances: Dishwasher, Free-Standing Range, Microwave, Refrigerator, Water Heater
Appliances YN: Yes
Laundry Features: Inside

Main Floor Bedroom

Heating Features: Wall Furnace
Heating: Yes

Flooring: Tile

Fencing: Fence YN: Yes, Fencing: Wood
Patio And Porch Features: Patio YN: Yes
Road Frontage Type: City Street
Road Surface Type: Paved

Lot Description: Sloped Down
Lot Size Acres: 0.0300046
Lot Size Source: Assessor
Lot Size Square Feet: 1307

Parking Features: Parking Features: Other, Permit Required, Street

Number of Units: 2

School District: Laguna Beach Unified

Laguna Beach High School is a public high school located approximately 0.4 miles away.
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Thurston Middle School is a public middle school located approximately 1.1 miles away.
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El Morro Elementary School is a public elementary school located approximately 2.9 miles away.
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LEA Stone is a private elementary school located approximately 0.3 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Sidewalks

Source Listing Status: Active
County: Orange
Directions: Glenneyre St & Mermaid St
Source Property Type: Residential
Area: LV - Laguna Village
Property Subtype: townhouse
Source Neighborhood: The Village (VIL)
Parcel Number: 64126509
Postal Code Plus 4: 2318
Subdivision: The Village (VIL)
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$100,898 + $1,211,475
$1,312,373
$15,310
2021$98,920 + $1,187,721
$1,286,641
$14,918
2020$97,906 + $1,175,543
$1,273,449
$14,654
2019$95,987 + $1,152,493
$1,248,480
$14,360
2018$94,105 + $1,129,895
$1,224,000
$14,054
2017$92,260 + $1,107,740
$1,200,000
$13,745
2016$116,405 + $723,122
$839,527
$10,026
2015$114,657 + $712,260
$826,917
$9,838
2014$112,412 + $698,307
$810,719
$9,629
2013$111,333 + $424,473
$535,806
$6,801
2012$109,150 + $416,150
$525,300
$6,667
2011$107,010 + $407,990
$515,000
$6,526
2010$107,010 + $537,990
$645,000
$7,895
2009$107,010 + $664,740
$771,750
$9,183
2008$104,912 + $651,706
$756,618
$8,981
2007$102,855 + $638,928
$741,783
$8,828

Price Changed 2024-07-23
$1,495,000
CRMLS
Listing removed 2024-07-11
$0
CRMLS
Price Changed 2024-06-25
$1,599,000
CRMLS
Price Changed 2024-06-25
$1,599,000
CRMLS
Price Changed 2024-05-28
$1,699,000
CRMLS
Price Changed 2024-05-28
$1,699,000
CRMLS
Price Changed 2024-04-23
$1,745,000
CRMLS
Price Changed 2024-04-23
$1,745,000
CRMLS
Listed 2024-03-21
$1,885,000
CRMLS
Listed 2024-03-20
$1,885,000
CRMLS
Sold 2016-08-31
$1,200,000
Public Record
Listing removed 2016-07-06
$2,050
CRMLS
Listed for rent 2016-06-01
$2,050
CRMLS
Sold 2004-04-14
$699,000
ITECH
Listed 2004-02-05
$699,000
ITECH
Sold 2000-12-24
$325,000
ITECH
Listed 2000-07-21
$353,000
ITECH
Listed 2000-07-21
$353,000
ITECH

Total Square Feet Living: 881
Year Built: 1921
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Living Area Source: Assessor
Property Age: 103
Roof: Asphalt
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Duplex
House Style: Bungalow
Year Built Source: Public Records

Sewer: Public Sewer
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.