385 Mermaid St
Laguna Beach, CA 92651
5 bd 3 ba 2,000 sqft Built 1945 Lot 2,614 sqft duplex_triplex
Most recent sale
$3,162,240
May 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2025 | Sold | $2,940,000 | CRMLS |
| Jul 31, 2025 | Price changed | $3,150,000 | CRMLS |
| May 16, 2025 | Listed | $3,350,000 | CRMLS |
| Oct 21, 2024 | Price changed | $3,695,000 | CRMLS |
| Jun 3, 2024 | Price changed | $3,795,000 | CRMLS |
| Jan 2, 2024 | Listed | $3,995,000 | CRMLS |
| May 25, 2022 | Sold | $3,162,240 | MLS #OC21112164 |
| Nov 29, 2021 | Price changed | $3,450,000 | MLS #OC21112164 |
| May 26, 2021 | Listed | $3,550,000 | MLS #OC21112164 |
| Jan 12, 2019 | Listing removed | $3,000 | CRMLS |
| Dec 22, 2018 | Listing removed | $3,000 | CRMLS |
| Oct 22, 2018 | Listed for rent | $3,000 | CRMLS |
| May 2, 2017 | Listing removed | $2,950 | CRMLS |
| Nov 7, 2016 | Listed for rent | $2,950 | CRMLS |
| Jun 20, 2011 | Sold | $875,000 | MLS #10476059 |
| Aug 31, 2010 | Listed | $949,000 | MLS #10476059 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $318,362 | $3,037,430 | $3,355,792 | $36,614 |
| 2024 | $318,362 | $3,037,430 | $3,355,792 | $35,801 |
| 2023 | $306,000 | $2,919,484 | $3,225,484 | $35,581 |
| 2022 | $373,010 | $812,299 | $1,185,309 | $14,745 |
| 2021 | $365,697 | $796,371 | $1,162,068 | $14,329 |
| 2020 | $361,948 | $788,205 | $1,150,153 | $14,033 |
| 2019 | $354,851 | $772,750 | $1,127,601 | $13,732 |
| 2018 | $347,894 | $757,598 | $1,105,492 | $13,429 |
| 2017 | $341,073 | $742,743 | $1,083,816 | $13,118 |
| 2016 | $334,386 | $728,179 | $1,062,565 | $12,825 |
| 2015 | $329,364 | $717,241 | $1,046,605 | $12,584 |
| 2014 | $79,859 | $717,241 | $797,100 | $9,983 |
| 2013 | $178,500 | $714,000 | $892,500 | $10,915 |
| 2012 | $178,500 | $714,000 | $892,500 | $10,872 |
| 2011 | $103,728 | $453,842 | $557,570 | $7,405 |
| 2010 | $102,953 | $450,450 | $553,403 | $7,385 |
| 2009 | $103,198 | $451,521 | $554,719 | $7,354 |
| 2008 | $101,175 | $442,668 | $543,843 | $7,182 |
| 2007 | $99,192 | $433,988 | $533,180 | $7,053 |
Property facts
Year built
1945
Property type
duplex_triplex
Stories
3
Beds
5
Baths
3
Living area
2,000 sqft
Lot size
2,614 sqft
ZIP code
92651
City
Laguna Beach
Street
Mermaid St
Coordinates
33.54254, -117.78146
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$18,973
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 385 Mermaid St last sell?
385 Mermaid St most recently sold on May 25, 2022 for $3,162,240.
What is the current tax assessment for 385 Mermaid St?
The most recent total assessment for 385 Mermaid St (year 2025) is $3,355,792 with $36,614 in property tax.
How does 385 Mermaid St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $3,162,240.
When was 385 Mermaid St built?
385 Mermaid St was built in 1945.
How does 385 Mermaid St compare to others on Mermaid St?
We track 4 other properties on Mermaid St. Browse the list under "Other properties on Mermaid St" to compare beds, baths, and sale history.
What are the property facts for 385 Mermaid St?
385 Mermaid St is a 5 bed, 3 bath, 2,000 sqft, 2,614 sqft lot duplex_triplex.
Is 385 Mermaid St a flip candidate?
No — 385 Mermaid St does not appear in our flips dataset.
Is 385 Mermaid St a tax-appeal candidate?
No — 385 Mermaid St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$4.22M
2026 Q4
$4.26M
ZIP 92651 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mermaid St