ActiveCondominium

433 Pine Avenue 102

Long Beach, CA, 90802

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$570,000

MLS: PW26056359

Beds

1

Baths

1

Sq Ft

1,140

Lot

0.39 ac

Year Built

1951

MLS #

PW26056359

Days on Market

24

Listed

Mar 14, 2026

Description

Own a Piece of the Pine Avenue Legacy, History isn't just something you read about; at The Newberry Lofts, it’s something you live in. Originally established in 1951 as the premier J.J. Newberry’s Department Store, this mid-century landmark was masterfully converted into an intimate collection of boutique lofts. Behind its storied facade lies a residence that perfectly balances industrial grit with high-end, contemporary polish. The Location: The Heartbeat of DTLB Situated on Historic Pine Avenue, you are at the epicenter of Long Beach’s cultural revival. With a Walk Score of 99, your "backyard" is the city's best dining and entertainment: The Food Scene: From the upscale steaks at 555 East to the casual cool of The Ordinarie, the city's finest "Restaurant Row" is literally at your doorstep. Nightlife & Culture: Steps from the Laugh Factory, the East Village Arts District, and local jazz lounges. The Waterfront Lifestyle: Enjoy a breezy 15-minute stroll (or a 5-minute bike ride) down to Shoreline Village, The Pike, and the Aquarium of the Pacific. Waterfront dining and sunset harbor views are part of your daily routine. The Interior: Industrial Scale, Designer Detail Inside, the loft honors its retail heritage with massive open spaces and high-end finishes that cater to the modern professional: Architectural Drama: 12-foot ceilings with an expansive kitchen with plenty of storage space and a large kitchen island. Quartz countertops, soft-close cabinetry and sleek stainless-steel appliances. Live/Work Flexibility: The open-concept floor plan provides the ultimate versatility—perfect for a home office, an art studio, or a grand entertaining space. Connectivity & Convenience Whether you’re commuting to LA or exploring the coast, logistics are a breeze: Transport: Located just blocks from the Metro A-Line, offering direct, car-free access to Downtown Los Angeles. The Rarity: Unlike many historic conversions, this unit includes secure, gated subterranean parking, with a storage locker, bike storage and in-unit laundry hookups.

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: Trevor Laramee · Realty Source Inc.

Payment estimate

$4,259

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $57,000 · Loan: $513,000

%
Principal & Interest
$3,152
Property tax (1.25%)
$594
Homeowners insurance
$300
Mortgage insurance
$214
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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 $19,950 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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