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531 Margo Avenue

Long Beach, CA 90803

3 beds
2 baths
1,452 sqft
6,660 sqft lot
$964 per sqft
1960 build
– on site

Welcome to 531 Margo Avenue...a stunning 3-bedroom, 2-bathroom home in the highly sought-after University Park Estates neighborhood, also known as 'The Hole.' This meticulously maintained home offers a perfect blend of modern elegance and timeless charm. Recently remodeled, the kitchen and bathrooms boast high-end finishes, sleek cabinetry, and premium fixtures designed to impress. There is beautiful hardwood and tile flooring throughout the home, as well as crown molding and recessed lighting. Energy efficiency takes center stage with fully paid-off solar panels and energy efficient windows, while the expansive park-like backyard provides a tranquil retreat for cooking in the outdoor kitchen, entertaining or unwinding in the spa, among lush greenery and mature landscaping. The backyard was professionally landscaped and designed for large family events, parties, weddings and enjoying the open space and custom design. This property is just a few doors away from being on, what is known as, the friendliest executive 9-hole “Bixby Golf” course. This family owned course has been around since 1980 and adds charm to the neighborhood.Nestled in a prime location near top-rated schools, including CSLB, parks, shopping, dining, golf and the beach, this home delivers not only a place to call home, but also an exceptional lifestyle.

Listed By CRMLS_CA / Alicia Wright / First Team Real Estate North Tustin / 714 273-4056

Last checked: Checking… • Last updated Jan 23, 2025 •

MLS# PW25002243 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1960
Year Built Source:

Assessor
New Construction:

No
Total Number Of Units:

1
Roof:

Composition
Structure Type:

House
Stories Total:

1
Entry Level:

1
Patio And Porch Features:

Patio, Porch
Patio:

1
Accessibility Features:

None
Common Walls:

No Common Walls

Interior

Features:

Open Floorplan, Quartz Counters
Levels:

One
Entry Location:

1
Eating Area:

Area
Flooring:

Wood
Room Type:

All Bedrooms Down, Family Room, Kitchen, Laundry, Main Floor Bedroom, Primary Bathroom, Primary Bedroom
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

Yes
Fireplace:

Family Room
Laundry:

Individual Room, Inside
Laundry:

1

Room Dimensions

Living Area:

1452.00

Location

Directions:

On the corner of Margo & Daroca
Latitude:

33.77175100
Longitude:

-118.11070400

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Zoning:

LBPD1
Lot Features:

0-1 Unit/Acre
Lot Size Area:

6660.0000
Lot Size Acres:

0.1529
Lot Size SqFt:

6660.00
Lot Size Source:

Assessor
View:

None
Fencing:

Wood
Fence:

Yes
Road Frontage:

City Street
Road Surface Type:

Paved
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5776.02
Tax Tract:

22087
Tax Lot:

202

Beds

Total Bedrooms:

3
Main Level Bedrooms:

3

Baths

Total Baths:

2
Bathroom Features:

Shower, Main Floor Full Bath, Quartz Counters, Remodeled, Upgraded
Full & Three Quarter Baths:

2
Main Level Baths:

2
Three Quarter Baths:

2

The Listing

Special Listing Conditions:

Standard, Trust
Parcel Number:

7237015034

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

6 Burner Stove, Dishwasher, Double Oven, Disposal, Gas Range, Water Heater
Included:

Yes

Schools

High School District:

Long Beach Unified

The Community

Subdivision:

College Park Estates (CPS)
Subdivision:

College Park Estates (CPS)
Features:

Biking, Curbs, Gutters, Sidewalks
Association:

No
Pool:

None
Senior Community:

No
Spa:

1
Private Pool:

No
Spa Features:

Above Ground
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Direct Garage Access, Driveway, Driveway - Brick
Parking Spaces:

2.00
Attached Garage:

Yes
Garage Spaces:

2.00

Monthly cost estimate

Asking price

$1,400,000

Expense	Monthly cost
Mortgage	$7,496
Taxes	N/A
Insurance	$385
Utilities	$168 See report
Total	$8,049/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
1/23/25 Jan 23, 2025	Sold Subject To Contingencies	CRMLS_CA	$1,400,000
1/6/25 Jan 6, 2025	Listed / Active	CRMLS_CA	$1,400,000

31% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $30k above asking price on average, but some went as high as $226k over asking price.

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This house located in University Park Estates, Long Beach, CA 90803 is currently for sale for $1,400,000. 531 Margo Avenue is a 1,452 square foot house with 3 beds and 2 baths that has been on Estately for 26 days. 531 Margo Avenue is in the University Park Estates neighborhood of Long Beach and has a WalkScore® of 37, making it car-dependent. This house is in the attendance area of Kettering Elementary School, Rogers Middle School, and Wilson High School.

Listing Courtesy of: CRMLS_CA and First Team Real Estate North Tustin. Based on information from California Regional Multiple Listing Service, Inc. as of 19:05 on Feb 01.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.