240 Moss Street 8, Laguna Beach, California 92651, Laguna Beach, 92651 - 0 bed, 0 bath
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Laguna Beach, California 92651
This Stunning Penthouse Condominium is a Strong Value Opportunity, listed at $1,325,000—positioned above the $1,269,585 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3 with a recent interior refresh, including new paint and carpet. Featuring Panoramic Ocean Views and a Spacious Covered Balcony, this unit provides a premium lifestyle near Top-Rated Schools like Laguna Beach High. It is an ideal acquisition for Owner-Occupants seeking a turnkey coastal sanctuary or Luxury Investors targeting high-demand rental markets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 240 Moss Street 8 Subject | $1,325,000* List Price | 0 | 0 | 1,120 | $1,134 | - |
A 240 Moss Street 4 Sold | $1,325,000 | 2 | 2 | 1,169 | $1,133 | 0.0 mi |
B 240 Moss 13 Sold | $1,060,000 | 2 | 1 | 930 | $1,140 | 0.0 mi |
C 2175 S Coast Highway 18 Sold | $1,225,000 | 2 | 2 | 900 | $1,361 | 0.0 mi |
D 240 Moss Active | $1,200,000 List Price | 2 | 2 | 1,120 | $1,071 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1963, the unit has been well-maintained and recently 'refreshed' with new paint, carpet, and smooth-coated ceilings. The kitchen and bathrooms feature granite countertops and cabinetry consistent with a 10-15 year old renovation. With a newer water heater, dishwasher, and functional systems, the property is in move-in ready condition.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
This penthouse unit offers rare, unobstructed ocean and white-water views from every room, including vistas of Catalina Island and Palos Verdes, providing significant value and aesthetic appeal.
As a top-floor, center penthouse with no neighbors above, the property ensures maximum privacy and features one of the widest vantage points in the entire community.
The association fee of $770 per month is relatively high for a two-bedroom condo, which may impact the debt-to-income ratios for some buyers.
Built in 1963, the building's age may necessitate future capital improvements or assessments, despite the individual unit's recent cosmetic updates.
RECENTLY REFRESHED! ALL NEW INTERIOR PAINT (WALLS, DOORS & BASEBOARDS), NEWLY SMOOTH COATED CEILINGS & NEW CARPET. If you're looking for views, this is it!! Ocean views from every room! From the covered front balcony, enjoy sweeping views of the Pacific, white water rolling over rocks, Catalina Island, PCH, city lights, surrounding hills, and Palos Verdes on clear days, all coming together with incredible daily sunsets. Sit back, take it all in, watch the deep blues, waves moving through the shoreline, boats pass by, and feel the tranquility. This is the top floor, center penthouse unit in the building closest to the ocean, with no one above and showcasing one of the widest vantage points in the community. A single level 2 bedroom, 2 bath condo featuring an open floorplan and a spacious covered balcony that expands the flow. The positioning creates an elevated feel, opening up the surrounding coastline and horizon. The primary bedroom includes a slider to the balcony, two closets, and an attached ensuite bathroom. Dutch front door. Tile flooring throughout the main areas, plus a newer dishwasher, garbage disposal, and water heater. Assigned carport with storage. Just across PCH from Moss Cove, one of Laguna Beach's most scenic beaches. Ideally located near downtown, art galleries, restaurants, shops, and world class beaches. Moments from the Sawdust Art Festival and summer art shows. Stairs on the left side of the property lead down to PCH, with the free Laguna Beach trolley stop out front, making it easy to experience everything the area has to offer. (Unit #1 leased for $7,000 in 2025. Unit #4 is currently on the market for $8,000) (Enclosed balcony not included in the square footage.) *Some photos have been digitally staged.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 3.3 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 1,120 | 775 |
| Lot Size | 15,007 | - |
| Price | $1.32M | $1.84M |
| Price per sq ft | $1.2K | $1.8K |
| Built year | 1963 | 1960 |
| HOA | $770.0 | $696 |
| Days on market | 79 | 92 |
Jul 1, 2026
$1,325,000
$1,329,000
+0% Price Increase
Initial Listing
May 8, 2026
$1,329,000
$1,379,000
-4% Price Drop
Initial Listing
May 4, 2026
$1,379,000
Initial Listing
Sep 1, 1999
$246,000
Public Record