8 months on rocket

357 Mermaid St, Laguna Beach, CA, 92651

$1,395,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
881 SqFt
$1,583/SqFt
Multi

Location

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357 Mermaid St, Laguna Beach$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOther, Permit Required, On Street
Year Built1921
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewNone
MLS #NP24052862
Lot Size0.03 Acres
StatusActive

About 357 Mermaid St

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 features 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 just 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 endless days of sun-soaked leisure and picturesque sunsets. This property is not just 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!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1921
  • Stories: 2
  • Living Area: 881 SqFt

Listing Office:

  • Office Name: Pfeif Group, Inc.
  • Office Email: robert@pfeifgroup.com
  • Listing Agent: Robert Pfeif

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Microwave, Refrigerator, Water Heater
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Other, Permit Required, On Street

Lot Features

Lot Information:

  • Lot: Sloped Down
  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Glenneyre St & Mermaid St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
  • Price Per SqFt: $1,583/SqFt

Tax Information:

  • Annual Amount: $14,918
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Laguna Beach, CA.

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Laguna Beach, CA

City

Med. Sold Price

$3.0M

Med. Price/SqFt

$1,536

Avg. Days On Market

67

# of Sold Homes

22

357 Mermaid St vs Laguna Beach

241 DAYS ON ROCKET

+174 Days

$1,395,000

-$1.6M Less

$1,583/SqFt

+$46 More

KEY TAKEAWAY

This property is $1.6M less than the Median Sold Price and $46/SqFt more than other homes in Laguna Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24052862

Listing Office:

  • Office Name: Pfeif Group, Inc.
  • Office Email: robert@pfeifgroup.com
  • Listing Agent: Robert Pfeif

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2016Home Sold
$1,200,000
Apr 14, 2004Home Sold
$699,000
Dec 22, 2000Home Sold
$325,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,918$1,286,641
2020$14,654$1,273,449
2019$14,054$1,248,480
2018$14,055$1,224,000
2017$13,745$1,200,000

History based on county public records data.

Payment Calculator

$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-397871
9
/10

  • Top of the World Elementary School

  • 21601 Treetop Ln

  • 1.71 miles

  • Public District Grades KG-5

school-card-donut-397872
8
/10

  • El Morro Elementary School

  • 8681 N Coast Hwy

  • 2.88 miles

  • Public District Grades KG-5

school-card-donut-397873
9
/10

  • Canyon Vista Elementary School

  • 27800 Oak View Dr

  • 2.97 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,743. Most Laguna Beach, CA residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Orange County›Laguna Beach›92651›357 Mermaid St

This home is located at 357 Mermaid St in Laguna Beach, CA and zip code 92651 in the Main Beach neighborhood. This 881 square foot home, which was built in 1921, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $1,395,000.

In October 2024, from all listings sold in Laguna Beach, CA there were more than 1 sold above asking price, over 18 sold below and more than 3 were sold right at the asked price. The number of listings in Laguna Beach, CA increased by 10.9% between September 2024 and October 2024. Listings spent 67 days on the market in October 2024, and had a median list price of $3,075,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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