849 Pine Avenue #C
About This Property
The manager has listed the unit size as 1539 square feet.
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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%.
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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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Dec 13, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Price Decreased |
$690,000
↓ $9K
(1.3%) | |
| Price Decreased | |||
| Aug 17, 2025 | Listed | $699,000 | |
| Listed | |||
| | |||
|
Architectural Loft Living in the Heart of Downtown Long Beach. Welcome to Courtyard Lofts, an award-winning development designed by renowned local architecture firm Studio One Eleven. This boutique community features 16 industrial-style lofts thoughtfully arranged around a tranquil, landscaped courtyard. Recognized with the prestigious 2009 AIA (American Institute of Architects) Housing Award, Courtyard Lofts sets the standard for innovative urban design.Rarely available, this striking two-level residence embodies architectural distinction. Soaring nearly 25-foot open-beam truss ceilings, oversized skylights, and gallery-like proportions fill the space with natural light and dramatic volume. Two private, tree-shaded patios expand the living experience outdoors, while a sleek catwalk and floating fireplace serve as sculptural centerpieces.The open-concept main level seamlessly connects the living, dining, and chef’s kitchen, which is outfitted with premium finishes and fixtures. The well-designed floor plan includes two bathrooms, a generous walk-in closet, and abundant storage throughout—including a spacious two-car garage with additional storage capacity. Upstairs, the airy lofted bedroom suite opens to a private balcony with views—perfect for a peaceful morning or evening retreat. Additional features include polished concrete floors, an in-unit washer and dryer, and central HVAC. Located just steps from Historic Pine Avenue, The Promenade, Shoreline Village, and the beach, this exceptional home offers the very best of sophisticated urban living, wrapped in architectural pedigree and modern comfort.
| |||
| Mar 12, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/17/2025
|
1 Bed
|
1 Bath
|
1539 ft²
|
$699,000
1 Bed
1 Bath
1539 ft²
|
$640,000
-8.44%
12/30/2025
|
Marie Morgenstern
Berkshire Hathaway HomeService
| |
|
06/04/2024
|
1 Bed
|
1 Bath
|
1606 ft²
|
$725,000
1 Bed
1 Bath
1606 ft²
|
$725,000
02/24/2025
|
Melissa Urena
JohnHart Corp.
| |
|
12/23/2021
|
1 Bed
|
2 Bath
|
1539 ft²
|
$725,000
1 Bed
2 Bath
1539 ft²
|
-
-
|
Jeff Anderson
Keller Williams - Long Beach Pacific Estates
| |
|
04/09/2021
|
2 Bed
|
1 Bath
|
1239 ft²
|
$649,000
2 Bed
1 Bath
1239 ft²
|
-
-
|
Eric West
Balboa Real Estate, Inc
| |
|
04/06/2021
| |
Studio
|
-
|
-
|
$455,000
Studio
-
|
-
-
|
Beatrix Whipple
Keller Williams - Long Beach Pacific Estates
|
|
11/17/2020
|
1 Bed
|
1 Bath
|
1209 ft²
|
$635,000
1 Bed
1 Bath
1209 ft²
|
-
-
|
-
| |
|
08/02/2019
|
1 Bed
|
1 Bath
|
757 ft²
|
$419,000
1 Bed
1 Bath
757 ft²
|
$400,000
-4.53%
11/09/2019
|
Leslie Stonick
Compass
| |
|
11/29/2018
|
2 Bed
|
1 Bath
|
1407 ft²
|
$580,000
2 Bed
1 Bath
1407 ft²
|
$578,000
-0.34%
12/21/2018
|
Jaime Garcia
Compass
| |
|
11/02/2018
|
Studio
|
1 Bath
|
757 ft²
|
$479,000
Studio
1 Bath
757 ft²
|
-
-
|
-
| |
|
06/11/2018
| |
1 Bed
|
1 Bath
|
1209 ft²
|
-
1 Bed
1 Bath
1209 ft²
|
-
-
|
-
|
|
05/23/2018
|
1 Bed
|
-
|
1209 ft²
|
$629,000
1 Bed
-
1209 ft²
|
$629,000
06/29/2018
|
Jennifer Dykema
Keller Williams Pacific Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017