See Home Value
Listed by: Alicia Wright, First Team Real Estate North Tustin
$1,445,000
● House - Off Market

531 Margo Avenue

Long Beach, CA 90803
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,452 Ft²
$6,875
Est. Monthly

About This Property

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.
Unit Size
1,452 Ft²
Days on Market
73 days
Land Size
0.15 acres
Price per sqft
$964
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

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Last updated: 2 years ago (CRMLS #PW25002243)

Price History

Date / Event Date Event Price
Mar 20, 2025 Sold
Sold
Jan 6, 2025 Listed by First Team Real Estate North Tustin $1,400,000
Listed by First Team Real Estate North Tustin

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,638
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,452
  • Building Area: 1,452
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,452
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 22087
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: TRACT NO 22087 LOT/SEC 202

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 577602

Zoning

  • Zoning: LBPD1

Geography

  • Assessors Map Reference: 76-D5
  • Subdivision Tract Number: 22087
  • Parcel: 7237-015-034
  • Lot: 202
  • Municipality: SOUTH /LB/STATE COLLEGE
  • Latitude: 33.7718
  • Longitude: -118.111

    Address

  • Full Address: 531 Margo Ave
  • Address - House Number: 531
  • Address - Street Name: Margo
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C010
  • 4-Digit Zip Code: 2113
  • Zip Code: 90803

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $571,539
  • Tax Rate Code Area: 05-517

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,140,156
  • High Value: 1,398,640
  • Low Value: 881,672

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $449,078
  • Assessed Land Value: $359,271
  • Assessed Improvements Value: $89,807

    Sales

  • Current Sale Contract Date: Apr 11, 2000
  • Current Sale Recording Date: May 31, 2000
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 00-0833300

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About SEADIP


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Nearby Rentals

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Unit for rent at 552 N Bellflower Boulevard, LONG BEACH, CA, 90814

$4,000 /mo

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Frequently Asked Questions

When was property at 531 Margo Avenue built and last sold?
The property at 531 Margo Avenue was built in 1960 and last sold on Apr 11, 2000 for $304,000.
How much is this home worth?
The estimated value of the home located at 531 Margo Avenue is $0.
What are some comparable homes to 531 Margo Avenue?
There are currently no comparable homes to 531 Margo Avenue.