NOT LISTED FOR SALE

433 Pine Ave Unit 309 Long Beach, CA 90802

Downtown Neighborhood

Estimated Value: $599,000 - $737,000

1 Bed
1 Bath
1,126 Sq Ft
$340/mo HOA Fee

Last Sold July 02, 2021

Last sale price $570,000 $506 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,379/month

80 Days on Market

Highlights

  • 24-Hour Security
  • 2-minute walk to Pacific Station
  • City Lights View
  • Long Beach Polytechnic High School Rated A
  • Automatic Gate
  • 4-minute walk to Harvey Milk Promenade Park

About This Home

As of July 2021

The very finest unit in one of the few classic loft conversion buildings in downtown Long Beach: directly overlooks Pine Avenue and the iconic 'Historic Pine Avenue' sign, multiple windows down the side making it extremely light and bright (no other unit has these), extremely open and spacious, only one side-neighbor, special extra-large walk-in closet in bedroom area, and so much more!

This recently-built loft right in the heart of the bustling and vibrant downtown Long Beach is one-of-a-kind. There is nothing like it in the market and will sure to be an enduring financial value. It boasts highly upgraded and current features that are not available in any of the conversion buildings in the city and that is the best of both worlds: cool and classic mid-century historic building with brand-new modern fixtures and amenities.

Affordable. Beautiful. Comfortable. Convenient. Entertainment-focused. Hip. Prestigious. Private. Safe. Secure. Every box checked.

Extremely convenient and safe gated-guarded below-ground parking structure also includes a separate storage area for the unit and locked bicycle storage area. Rooftop common area is private and quiet - a perfect place for entertaining either before or after enjoying the numerous dining, entertainment, and shopping venues that are merely steps away.

Pending HOA upgrades (for end of march): much larger individual storage lockers in garage and all new furniture for common area. And the HOA fee is extremely low.

Last Agent to Sell the Property

Michael Hausam

Coldwell Banker Realty License #01319560 Listed on: 03/04/2021

Coldwell Banker Realty

Last Buyer's Agent

Maria Gomez

Coldwell Banker Realty License #01206447

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Lot Details

  • Property fronts an alley
  • End Unit
  • Two or More Common Walls
  • East Facing Home

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Private Parking
  • Driveway Down Slope From Street
  • Automatic Gate
  • Parking Lot
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Fire Rated Drywall
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,126 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Track Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Family Room Off Kitchen
  • Formal Dining Room
  • Loft
  • Storage
  • Utility Room
  • Laminate Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more
  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Location

  • Urban Location

Schools

  • Chavez Elementary School
  • Washington Middle School
  • Polytechnic High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9-15
  • Tax Tract Number 71130
  • Assessor Parcel Number 7280009007

Community Details

Overview

  • Master Insurance
  • 28 Units
  • Newberry Lofts Association, Phone Number (562) 493-1400
  • MD Property Management HOA
  • Built by Interstices, Inc,
  • Downtown Subdivision
  • Maintained Community

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Size Limit

Security

  • 24-Hour Security
  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0

HOA Fees

$340 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Washer, Dryer, Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Maintained
  • Security: 24 Hour Security, Automatic Gate, Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinkler System, Firewall(s), Security Lights, Security System, Smoke Detector(s)
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280009007
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1126.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Storage, Track Lighting, Unfurnished
  • Stories: 4
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Laminate
  • Accessibility Features: 2+ Access Exits, 48 Inch Or More Wide Halls, Accessible Elevator Installed, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar, In Kitchen, Separated
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 506.22
  • Room Type: Loft, Main Floor Bedroom, Main Floor Master Bedroom, Utility Room, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Other Structures: Storage
  • View: City Lights, Neighborhood
  • Fence: No
  • Builder Name: Interstices, Inc,
  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Driveway Down Slope From Street, Garage, Gated, On Site, Parking Space, Private, Structure, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Insurance, Maintenance Grounds, Trash, Pet Rules, Pets Permitted, Weight Limit, Call for Rules, Security, Controlled Access
  • Association Fee: 340.00
  • Association Fee Frequency: Monthly
  • Association Name: Newberry Lofts
  • Phone: 562-493-1400
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: MD Property Management

Schools

  • Elementary School: Chavez
  • High School: Polytechnic
  • Middle Or Junior School: Washington
  • Elementary School #2: CHAVEZ
  • High School2: POLYTE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Latitude Manual: 33.77228700

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 28
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 9-15
  • Tax Tract Number: 71130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2019
Closed on
Feb 18, 2020
Sold by
Murrell Ann Marie
Bought by
Murrell Mark
Seller's Agent
Scott Hamilton
Engel & Völkers Long Beach
Buyer's Agent
Michael Hausam
Coldwell Banker Realty
List Price
$559,900
Sold Price
$539,000
Premium/Discount to List
-$20,900
-3.73%
Current Estimated Value
$649,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,653
Avg. Annual Appreciation
3.22%
Original Mortgage
$365,000
Outstanding Balance
$322,492
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$327,161

Purchase Details

Closed on
May 22, 2018
Sold by
H & M 26 Llc
Bought by
Murrell Mark
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Murrell Mark -- Fidelity National Title
Murrell Mark $539,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murrell Mark $365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2021 07/02/21 Sold $570,000 -2.6% $506 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/14/2021 05/14/21 Price Changed $585,000 -1.8% $520 / Sq Ft
04/20/2021 04/20/21 Price Changed $596,000 -1.3% $529 / Sq Ft
03/04/2021 03/04/21 For Sale $604,000 +12.1% $536 / Sq Ft
02/26/2020 02/26/20 Sold $539,000 0.0% $479 / Sq Ft View Prior Sale
10/31/2019 10/31/19 Price Changed $539,000 -2.0% $479 / Sq Ft
10/18/2019 10/18/19 Price Changed $550,000 -1.8% $488 / Sq Ft
09/29/2019 09/29/19 For Sale $559,900 -- $497 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,110 $604,887 $233,465 $371,422
2024 $7,758 $593,028 $228,888 $364,140
2023 $7,625 $581,400 $224,400 $357,000
2022 $7,725 $570,000 $220,000 $350,000
2021 $6,776 $544,583 $211,165 $333,418
2020 $3,134 $237,185 $58,495 $178,690
2019 $3,096 $232,536 $57,349 $175,187
2018 $1,608 $116,756 $56,225 $60,531
Source: Public Records

Agents Affiliated with this Home

  • Michael Hausam

    Seller's Agent in 2021

    Michael Hausam

    Coldwell Banker Realty

    (949) 413-2371

    1 in this area

    53 Total Sales

    Michael Hausam
    Section Image
  • Maria Gomez

    Buyer's Agent in 2021

    Maria Gomez

    Coldwell Banker Realty

    (213) 705-1603

    1 in this area

    35 Total Sales

    Maria Gomez
    Section Image
  • Scott Hamilton

    Seller's Agent in 2020

    Scott Hamilton

    Engel & Völkers Long Beach

    (562) 481-3800

    4 in this area

    13 Total Sales

    Scott Hamilton
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21041575

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-154

California Los Angeles County Long Beach 90802 Downtown

433 Pine Ave Unit 309, Long Beach, CA

Not Listed for Sale

Condos

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