363 Newport Avenue 319
Long Beach, CA, 90814
$380,000
MLS: OC26041086
Beds
1
Baths
1
Sq Ft
628
Lot
—
Year Built
1972
MLS #
OC26041086
Days on Market
6
Listed
Mar 4, 2026
Description
Welcome to 363 Newport Avenue #319 in the desirable South Newport Condos of Long Beach! This interior 1 bedroom, 1 bath condo is approximately 628 square feet and overlooks the beautifully kept courtyard, providing a peaceful and private setting within the building. This unit is in its original condition and presents an outstanding opportunity to personalize and build equity with light cosmetic updates such as fresh paint and new flooring. Remodeled units in this same building have recently sold for substantially more, highlighting the upside potential and value-add opportunity. Community amenities include gated subterranean parking with a private assigned space, elevator access, a sparkling pool, secure building entry, and convenient on-site laundry facilities. Ideally located near Belmont Shore, Retro Row, beaches, dining, shopping, and major transportation routes, this property is well positioned for both lifestyle and investment appeal. Whether you are a first-time buyer looking to enter the market or an investor seeking strong rental and resale potential in Long Beach, this is a compelling opportunity to purchase below market and create long-term value.
Location
Long Beach, Los Angeles County, CA 90814
Open on Google Maps ↗Listed by: Christina Vold · Surterre Properties Inc
Payment estimate
$2,940
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $38,000 · Loan: $342,000
- Principal & Interest
- $2,101
- Property tax (1.25%)
- $396
- Homeowners insurance
- $300
- Mortgage insurance
- $143
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $13,300 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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