849 Pine Avenue #M
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 9, 2019 | Sold | ||
| Sold | |||
| Aug 2, 2019 | Listed by Compass | $419,000 | |
| Listed by Compass | |||
| Feb 9, 2019 | No longer available | - | |
| No longer available | |||
| Nov 2, 2018 | Listed | $479,000 | |
| Listed | |||
| | |||
|
Welcome to the AIA award-winning Courtyard Lofts! This intimate 16-unit community is home to some of the most unique lofts in Downtown Long Beach, and unit #M (aka 827 Pine) is no exception! Don’t let the square footage fool you, this open floorplan features ~12 foot ceilings and a custom-built mezzanine that can be used as a separate sleeping area or home office. The full bathroom includes a large soaker tub and rain shower head, and you will also find a huge walk-in closet. The newly re-polished concrete floors add to the authenticity as the natural light pours in through the front windows. Brand new custom track lighting illuminates the space, and the faux-brick wall adds an architectural element. The kitchen features an upgraded WOLF Gourmet range with stainless-steel hood, along with brand new stainless steel dishwasher and refrigerator. Other features include a tankless hot water heater, in-unit stackable washer/dryer, a custom pulley bike rack suspended from the ceiling, additional storage space above the bathroom, and your very own front patio with built-in benches and a table that overlook the fountain in the courtyard. This unit also includes one assigned parking space in the semi-private garage. Don’t miss this opportunity! The manager has listed the unit size as 757 square feet.
| |||
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