$658,277*
●
Condo -
Off Market
433 Pine Avenue #404
Long Beach, CA 90802
1 Bed
1 Bath
983 Ft²
$526,000 - $642,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Beautiful PENTHOUSE home with Beautiful views! Be a part of
downtown Long Beach history! Welcome to Newberry Lofts. JJ
Newberry's Department store opened its doors in LB in 1951 and It
has been transformed to beautiful loft homes. This incredible home
includes 2 secured underground parking spaces and features high
ceilings, a gas fireplace, dark wood laminate flooring throughout,
Italian soft close cabinets, quartz counter tops, Hansgrohe
fixtures, large bathroom and walk in closet and inside laundry
closet. This home has the added bonus of a large 200 Sf Ft patio
for entertaining or just relaxing and watching the sun go down.
There are many restaurants, coffee houses and gastro pubs to walk
to. Newberry Lofts has a walk score of 98! So you will enjoy
exploring the city.
The manager has listed the unit size as 983 square feet.
The manager has listed the unit size as 983 square feet.
Unit Size
983 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$595
Property Type
Condo
Property Taxes
-
HOA Dues
$36
Year Built
-
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Monthly Rental Income
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2023 | No longer available | - | |
| No longer available | |||
| May 20, 2023 | In contract | - | |
| In contract | |||
| May 4, 2023 | Listed | $649,000 | |
| Listed | |||
| | |||
|
The view to the west will mesmerize you as you open the door of this sleek, one-bedroom, top-floor loft space. High ceilings and industrial features blend together elegantly. The finished bedroom, walk in closet, full bath and designer kitchen with large island are features and the living room has plenty of space for entertaining around the fireplace. Inside is beautiful, however the windows will draw you outside to your 200 sqf terrace where you can enjoy sunset from your roomy outdoor living and entertaining space. Embrace the BEST of downtown Long Beach. Call the Listing agent to discover the rest of the numerous special features or for showing instructions. The manager has listed the unit size as 983 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 14, 2020 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Garage
With View
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/04/2023
|
1 Bed
|
1 Bath
|
983 ft²
|
$649,000
1 Bed
1 Bath
983 ft²
|
-
-
|
Janet Darrow
Keller Williams - Long Beach Coastal
| |
|
09/29/2022
|
Studio
|
1 Bath
|
1140 ft²
|
$570,000
Studio
1 Bath
1140 ft²
|
-
-
|
Dustin Sweeter
Keller Williams Realty
| |
|
04/21/2022
|
Studio
|
1 Bath
|
1197 ft²
|
$600,000
Studio
1 Bath
1197 ft²
|
-
-
|
Natasha Gwilt
eXp Realty of California Inc
| |
|
11/27/2020
|
1 Bed
|
1 Bath
|
1110 ft²
|
$463,000
1 Bed
1 Bath
1110 ft²
|
-
-
|
-
| |
|
09/08/2020
|
1 Bed
|
1 Bath
|
990 ft²
|
$634,000
1 Bed
1 Bath
990 ft²
|
-
-
|
-
| |
|
08/27/2020
|
Studio
|
1 Bath
|
1228 ft²
|
$519,000
Studio
1 Bath
1228 ft²
|
$510,000
-1.73%
10/28/2020
|
Bobbie Seegers
Ultimate New Homes Sales & Mtg
| |
|
08/26/2020
|
1 Bed
|
1 Bath
|
900 ft²
|
$584,900
1 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
08/10/2020
|
1 Bed
|
1 Bath
|
954 ft²
|
$564,900
1 Bed
1 Bath
954 ft²
|
-
-
|
-
| |
|
07/30/2020
|
Studio
|
1 Bath
|
1105 ft²
|
$519,000
Studio
1 Bath
1105 ft²
|
-
-
|
-
| |
|
07/27/2020
|
Studio
|
1 Bath
|
1197 ft²
|
$550,000
Studio
1 Bath
1197 ft²
|
-
-
|
Bobbie Seegers
Ultimate New Homes Sales & Mtg
| |
|
07/27/2020
|
1 Bed
|
1 Bath
|
983 ft²
|
$584,900
1 Bed
1 Bath
983 ft²
|
-
-
|
-
| |
|
07/27/2020
|
Studio
|
1 Bath
|
1135 ft²
|
$457,000
Studio
1 Bath
1135 ft²
|
$457,000
09/22/2020
|
Bobbie Seegers
Ultimate New Homes Sales & Mtg
| |
|
07/26/2020
|
Studio
|
1 Bath
|
1228 ft²
|
$519,000
Studio
1 Bath
1228 ft²
|
-
-
|
-
| |
|
07/26/2020
|
Studio
|
1 Bath
|
1255 ft²
|
$519,000
Studio
1 Bath
1255 ft²
|
-
-
|
-
| |
|
01/03/2020
|
1 Bed
|
1 Bath
|
1280 ft²
|
$539,000
1 Bed
1 Bath
1280 ft²
|
-
-
|
-
| |
|
06/08/2018
| |
1 Bed
|
1 Bath
|
957 ft²
|
-
1 Bed
1 Bath
957 ft²
|
-
-
|
-
|
|
09/29/2019
|
Studio
|
1 Bath
|
1126 ft²
|
$539,000
Studio
1 Bath
1126 ft²
|
$539,000
02/26/2020
|
Scott Hamilton
Engel & Voelkers Long Beach
| |
|
09/18/2019
|
Studio
|
1 Bath
|
992 ft²
|
$409,000
Studio
1 Bath
992 ft²
|
-
-
|
-
| |
|
08/12/2019
|
1 Bed
|
1 Bath
|
954 ft²
|
$605,900
1 Bed
1 Bath
954 ft²
|
-
-
|
-
| |
|
04/19/2019
|
Studio
|
1 Bath
|
1082 ft²
|
$478,400
Studio
1 Bath
1082 ft²
|
-
-
|
-
| |
|
03/06/2019
|
Studio
|
1 Bath
|
1287 ft²
|
$549,900
Studio
1 Bath
1287 ft²
|
$533,000
-3.07%
08/13/2019
|
Scott Hamilton
Engel & Voelkers Long Beach
| |
|
12/23/2018
|
1 Bed
|
1 Bath
|
957 ft²
|
$605,900
1 Bed
1 Bath
957 ft²
|
$605,900
09/11/2019
|
Scott Hamilton
Engel & Voelkers Long Beach
| |
|
12/23/2018
|
Studio
|
1 Bath
|
1445 ft²
|
$566,900
Studio
1 Bath
1445 ft²
|
$535,000
-5.63%
03/20/2019
|
Scott Hamilton
Engel & Voelkers Long Beach
| |
|
11/05/2018
|
1 Bed
|
1 Bath
|
986 ft²
|
$619,000
1 Bed
1 Bath
986 ft²
|
-
-
|
-
| |
|
10/31/2018
|
Studio
|
-
|
1119 ft²
|
$399,990
Studio
-
1119 ft²
|
$397,000
-0.75%
01/17/2019
|
Costanza Genoese Zerbi
Redfin Corporation
| |
|
07/13/2018
|
Studio
|
1 Bath
|
1086 ft²
|
-
Studio
1 Bath
1086 ft²
|
-
-
|
-
| |
|
06/18/2018
|
Studio
|
1 Bath
|
1105 ft²
|
-
Studio
1 Bath
1105 ft²
|
-
-
|
-
| |
|
06/18/2018
|
Studio
|
1 Bath
|
1228 ft²
|
-
Studio
1 Bath
1228 ft²
|
-
-
|
-
| |
|
06/18/2018
|
1 Bed
|
1 Bath
|
947 ft²
|
-
1 Bed
1 Bath
947 ft²
|
-
-
|
-
| |
|
06/18/2018
|
1 Bed
|
1 Bath
|
957 ft²
|
-
1 Bed
1 Bath
957 ft²
|
-
-
|
-
| |
|
06/18/2018
|
Studio
|
1 Bath
|
1445 ft²
|
-
Studio
1 Bath
1445 ft²
|
-
-
|
-
| |
|
06/18/2018
|
Studio
|
1 Bath
|
1082 ft²
|
-
Studio
1 Bath
1082 ft²
|
-
-
|
-
| |
|
02/09/2018
|
Studio
|
1 Bath
|
1111 ft²
|
$455,900
Studio
1 Bath
1111 ft²
|
$455,900
06/19/2018
|
Scott Hamilton
Engel & Voelkers Long Beach
| |
|
11/17/2017
|
1 Bed
|
1 Bath
|
947 ft²
|
$602,900
1 Bed
1 Bath
947 ft²
|
$602,900
08/23/2018
|
Scott Hamilton
Engel & Voelkers Long Beach
| |
|
11/17/2017
|
Studio
|
1 Bath
|
1422 ft²
|
$566,900
Studio
1 Bath
1422 ft²
|
$566,900
07/10/2018
|
Scott Hamilton
Engel & Voelkers Long Beach
| |
|
07/29/2017
| |
Studio
|
1 Bath
|
987 ft²
|
-
Studio
1 Bath
987 ft²
|
-
-
|
-
|
|
07/01/2017
|
Studio
|
1 Bath
|
1119 ft²
|
$365,900
Studio
1 Bath
1119 ft²
|
$365,900
02/09/2018
|
Scott Hamilton
Engel & Voelkers Long Beach
| |
|
01/01/2017
|
Studio
|
1 Bath
|
1421 ft²
|
$559,400
Studio
1 Bath
1421 ft²
|
$559,400
01/29/2018
|
Scott Hamilton
Engel & Voelkers Long Beach
|
Building Info
About Downtown Long Beach
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