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531 Margo Ave, Long Beach, CA, 90803

$1,400,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,452 SqFt
$964/SqFt
House

Location

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531 Margo Ave, Long Beach$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDirect Access, Driveway, Garage
Attached Garage2 spaces
Year Built1960
HeatingCentral
CoolingCentral Air
FireplaceFamily Room
ViewNone
MLS #PW25002243
Lot Size0.15 Acres
StatusActive

About 531 Margo Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 1
  • Living Area: 1,452 SqFt

Listing Office:

  • Office Name: First Team Real Estate North Tustin
  • Office Phone: (714) 273-4056
  • Listing Agent: Alicia Wright

Interior Features

Interior Information:

  • Appliances: Stove, Double Oven, Dishwasher, Disposal, Gas Range, Water Heater
  • Flooring Type: Wood
  • Interior: Open Floorplan, Quartz Counters, All Bedrooms Down, Bedroom on Main Level
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None
  • Exterior: Brick Driveway

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On the corner of Margo & Daroca

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
  • Price Per SqFt: $964/SqFt

Tax Information:

  • Annual Amount: $5,602
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$824.8K

Med. Price/SqFt

$635

Avg. Days On Market

37

# of Sold Homes

148

531 Margo Ave vs Long Beach

1 DAY ON ROCKET

-36 Days

$1,400,000

+$575.1K More

$964/SqFt

+$329 More

KEY TAKEAWAY

This property is $575.1K more than the Median Sold Price and $329/SqFt more than other homes in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW25002243

Listing Office:

  • Office Name: First Team Real Estate North Tustin
  • Office Phone: (714) 273-4056
  • Listing Agent: Alicia Wright

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/8/2025, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 31, 2000Home Sold
$304,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,602$431,642
2020$5,520$427,217
2019$5,272$418,841
2018$5,214$410,629
2017$5,214$402,578

History based on county public records data.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1118432
7
/10

  • Kettering Elementary School

  • 550 Silvera Ave

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-1118433
7
/10

  • Lowell Bayside Academy

  • 5201 E Broadway

  • 1.32 miles

  • Public District Grades KG-5

school-card-donut-1118434
8
/10

  • Gant Elementary School

  • 1854 N Britton Dr

  • 1.35 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,432. The most common annual income of people living in Long Beach, CA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 Margo Ave

What is the listing price of this property?

The listing price of 531 Margo Ave property is $1,400,000.

What type of property is this?

The property 531 Margo Ave is a house located in Long Beach, California, 90803.

Is this property for sale now?

Active Listing: 531 Margo Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,602 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 31, 2000 for $304,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 531 Margo Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 531 Margo Ave is 1,452 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 Margo Ave is 1960.

Rocket Homes›California›Los Angeles County›Long Beach›90803›531 Margo Ave

This home is located at 531 Margo Ave in Long Beach, CA and zip code 90803 in the The Harbor neighborhood. This 1,452 square foot home, which was built in 1960, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 06, 2025 and is currently priced at $1,400,000.

Over 60 listings were sold over their listed price in December 2024 in Long Beach, CA. In the same period over 58 listings were sold below the listed price and 30 listings were sold for the listed price. In December 2024 in Long Beach, CA there were 12% less homes for sale than in November 2024. Listings spent 37 days on the market in December 2024, and had a median list price of $824,872 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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