RENTED MAR 5, 2025

Estimated Value: $426,000 - $625,133

1 Bed
1 Bath
950 Sq Ft
$426/mo HOA Fee

Last Sold October 30, 2020

Last sale price $564,900 $595 Per Sq Ft

Current estimated payment $4,002/month

Highlights

  • City Lights View
  • 2-minute walk to Pacific Station
  • Open Floorplan
  • Long Beach Polytechnic High School Rated A
  • Updated Kitchen
  • 4-minute walk to Harvey Milk Promenade Park

About This Home

As of March 2025

Live in luxury in this stunning PENTHOUSE LOFT at the historic Newberry Lofts in the heart of downtown Long Beach. Enjoy breathtaking views and sunsets on your PRIVATE 200 sf PATIO, perfect for entertaining or relaxing!! Originally JJ Newberry's Department Store in 1951, this iconic building has been transformed into contemporary lofts that blend modern design with classic charm. This gorgeous home boasts high ceilings, dark wood laminate flooring, and a gas fireplace, creating a spacious yet cozy atmosphere. The gourmet kitchen features Italian soft-close cabinets, quartz countertops, Hansgrohe fixtures, a brushed nickel backsplash, and a skylight that bathes the space in soft natural light. The spacious bathroom was recently updated with new lighting, a new mirror and new vanity. There is ample built-in storage in both the bedroom and the bathroom! A walk-in closet with a built-in custom organizer ensures maximum efficiency, while the in-unit laundry closet adds ultimate convenience. An underground parking space and private storage unit come with the unit. Fantastic location in the heart of downtown Long Beach's historic Pine Avenue. You'll be close to Long Beach's best restaurants, coffee shops, and entertainment, making city exploration a breeze. Don’t miss this incredible opportunity to rent a one-of-a-kind penthouse and experience vibrant downtown living. (Photos are virtually staged for inspiration.)

Last Agent to Rent the Property

Lorri Quiett

Vylla Home, Inc. Brokerage Phone: 562-682-9582 License #01371114 Listed on: 02/25/2025

Last Renter's Agent

Lorri Quiett

Vylla Home, Inc. Brokerage Phone: 562-682-9582 License #01371114 Listed on: 02/25/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2017 | Remodeled

Lot Details

  • 0.39

HOA Fees

  • $426 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Assigned Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Turnkey
  • Interior Block Wall

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Great Room
  • Loft
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Living Room Balcony
  • Deck
  • Patio
  • Terrace
  • Outdoor Storage

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Halls are 48 inches wide or more
  • Two or More Common Walls

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 1/8/25
  • Tax Lot 1
  • Tax Tract Number 71130
  • Assessor Parcel Number 7280009161

Community Details

Overview

  • $500 HOA Transfer Fee
  • 28 Units
  • Newberry Lofts Association, Phone Number (562) 481-3866
  • Downtown Subdivision

Pet Policy

  • Pet Deposit $500
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Card or Code Access

Condo Details

Home Type

Condominium

Year Built

Built in 2017 | Remodeled

Lot Details

0

HOA Fees

$426 per month

Parking

1

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2025-01-08
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Cats OK, Dogs OK
  • Transfer Fees: 500.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: All appliances, washer, dryer
  • Property Attached: Yes
  • Security: Card/Code Access
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7280009161
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 950.00 Square Feet
  • Interior Amenities: Balcony, Block Walls, Built-in Features, Ceiling Fan(s), Living Room Balcony, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: 48 Inch Or More Wide Halls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Entry Level: 4
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.26
  • Room Type: All Bedrooms Down, Great Room, Loft, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Other Structures: Storage
  • View: City Lights, Neighborhood
  • Patio And Porch Features: Deck, Terrace
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 425.78
  • Association Fee Frequency: Monthly
  • Association Name: Newberry Lofts
  • Phone: 562-481-3866
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 16904.00
  • Lot Size Acres: 0.3881

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, 24 Months, Month To Month, Negotiable
  • Lot Size Area: 16904.0000 Square Feet
  • Number Of Units In Community: 28
  • Number Of Units Total: 28
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 5759.02
  • Tax Lot: 1
  • Tax Tract Number: 71130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2018
Sold by
H & M 26 Llc
Bought by
Patel Chirag
Current Estimated Value
$565,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,887
Interest Rate
2.8%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Patel Chirag $565,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Chirag $486,887
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2025 03/05/25 Rented $3,100 0.0% --
02/25/2025 02/25/25 For Rent $3,100 0.0% --
10/30/2020 10/30/20 Sold $564,900 0.0% $592 / Sq Ft View Prior Sale
09/16/2020 09/16/20 Pending -- -- --
08/30/2020 08/30/20 For Sale $564,900 -- $592 / 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 $7,788 $611,463 $243,437 $368,026
2024 $7,788 $599,474 $238,664 $360,810
2023 $7,655 $587,721 $233,985 $353,736
2022 $7,182 $576,198 $229,398 $346,800
2021 $6,989 $564,900 $224,900 $340,000
2019 $2,445 $181,073 $44,657 $136,416
2018 $1,284 $90,917 $43,782 $47,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25041573

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-161