
Laguna Beach, California 92651
This Coastal Value-Add Condo is listed at $1,250,000, representing a stable and fair entry point at its $1,250,000 Fair Market Value. Featuring a Condition Rating of 4, this 1963 residence offers a rare single-level layout and a spacious balcony with stunning Ocean and Catalina Island views. Located just steps from Moss Cove Beach and within the prestigious Laguna Beach Unified School District (all schools rated 9/10), the property provides significant upside through cosmetic modernization. It is a strategic acquisition for Owner-Occupants seeking a custom beach sanctuary or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 240 Moss Subject | $1,250,000* List Price | 2 | 2 | 1,120 | $1,116 | - |
A 2175 S Coast Highway 18 Sold | $1,225,000 | 2 | 2 | 900 | $1,361 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property is well-maintained but stylistically outdated. While it features newer wood-look flooring and fresh paint, the kitchen contains older white appliances (wall oven and drop-in cooktop), dated cabinetry, and popcorn ceilings throughout. The listing description explicitly suggests the home is an opportunity for a buyer to 'bring their own vision to life,' indicating that major systems and aesthetic features are functional but likely near the end of their decorative or mechanical lifespan.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Situated just steps from the picturesque Moss Cove Beach and within walking distance to Laguna Beach’s iconic village, offering an unparalleled coastal lifestyle.
The property features stunning views of the Pacific Ocean and Catalina Island, providing a high-value backdrop from sunrise to sunset.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1120, other record living area = 746. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property is marketed as an opportunity to 'bring your own vision to life,' indicating that the 1963 interior likely requires significant updating and capital investment.
Built in 1963, the building may lack modern energy-efficient features and could require maintenance typical of older condominium complexes.
RARE CHANCE TO LIVE JUST STEPS FROM THE BEACH IN LAGUNA—WITHOUT BREAKING THE BANK! This single-level 2-bedroom, 2-bath condo features an open floorplan and a spacious balcony, all set in the heart of Laguna Beach’s iconic village. It’s an ideal opportunity for someone eager to bring their own vision to life. As you enter, you’re greeted with ocean views and a glimpse of Catalina Island—a stunning backdrop from sunrise to sunset. Perfectly positioned only moments from the free trolley and the picturesque Moss Cove Beach, this home places the very best of coastal living right at your doorstep. The interior offers a comfortable layout with endless possibilities, giving you the freedom to tailor the space to your personal taste. Experience the charm and energy that make Laguna Beach truly one of a kind. Seize the chance to own your own piece of paradise—just yards from the sand and close to the vibrant downtown scene filled with dining, shopping, and entertainment.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,120 | 1,174.5 | 38% |
| Lot Size | 15,007 | 14,880 | 50% |
| Price | $1.25M | $1.54M | 29% |
| Price per sq ft | $1.1K | $1.3K | 33% |
| Built year | 1963 | 1964 | 50% |
| HOA | $642.0 | $734 | 46% |
| Days on market | 139 | 204 | 29% |
Dec 5, 2025
$1,250,000
Initial Listing
Jan 29, 2016
$565,000
Public Record
Jun 9, 2010
$379,000
Public Record
Oct 28, 2005
$605,000
Public Record
Jun 22, 1998
$170,000
Public Record