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451 Margo, Long Beach, California 90803, Long Beach, 90803 - 4 bed, 4 bath

451 Margo, Long Beach, California 90803 home-pic-0
ACTIVE$1,550,000
451 Margo, Long Beach, California 90803
4Beds
4Baths
2,301Sqft
7,632Lot

Price Vs. Estimate

The estimated value ($1,611,788.74) is $61,788.74 (3%) higher than the list price ($1,550,000). This property may be underpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Kettering Elementary School (10/10).
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7632, other record lot size in square feet = 6333. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2301, other record living area = 2632.

Compared to the nearby listings

Price:$1.55M vs avg $1.60M ($-49,000)46%
Size:2,301 sqft vs avg 1,888 sqft59%
Price/sqft:$674 vs avg $89618%

More Insights

Built in 1960 (65 years old).
Condition: This property, built in 1960, presents as move-in ready due to significant recent updates. The kitchen features modern white shaker cabinetry, quartz countertops, and stainless steel appliances, aligning with current trends. The main living areas boast new laminate wood flooring and fresh paint. While the bathrooms have updated vanities and fixtures, at least one tub appears to be an older, original color, and the presence of popcorn ceilings throughout indicates that not all aspects have been fully renovated. The lack of central air conditioning is also a notable factor. However, the overall condition, particularly the updated kitchen and flooring, combined with the description of being 'beautifully maintained,' places it firmly in the 'Good' category, requiring no immediate major renovations.
Year Built
1960
Close
-
List price
$1.55M
Original List price
$1.55M
Price/Sqft
$674
HOA
-
Days on market
-
Sold On
-
MLS number
PW25262615
Home ConditionGood
Features
Pool
Spa
Patio
ViewNeighborhood

About this home

Welcome to a rare opportunity you don’t see every day. Hitting the market for the first time since it was purchased brand new from the builder, this beautifully maintained original owner home is located just ONE mile from Cal State Long Beach an unbeatable perk for families, faculty, students, or savvy investors who know the value of being this close to a major university. This beautifully maintained original owner home with this level of long term care and pride of ownership are hard to come by. Step inside to a bright, open living area featuring a cozy fireplace and large sliding doors that showcase your private backyard oasis complete with a sparkling pool and spa, perfect for gatherings and year round enjoyment. The layout is exceptional: the main level features THREE bedrooms. The updated kitchen includes crisp white cabinetry, quartz counters, stainless steel appliances, and flows seamlessly into the dining and living areas. Upstairs, you’ll find a second primary bedroom suite PLUS an expansive bonus room/loft a true flex space perfect for a second family room, gym, office, or entertainment zone. This is a legacy home ready for its next chapter, come experience 451 Margo St. before it’s gone.

Nearby schools

10/10
Kettering Elementary School
Public,•K-5•0.2mi
7/10
Rogers Middle School
Public,•6-8•1.3mi
6/10
Wilson High School
Public,•9-12•1.9mi
Condition Rating
Good
This property, built in 1960, presents as move-in ready due to significant recent updates. The kitchen features modern white shaker cabinetry, quartz countertops, and stainless steel appliances, aligning with current trends. The main living areas boast new laminate wood flooring and fresh paint. While the bathrooms have updated vanities and fixtures, at least one tub appears to be an older, original color, and the presence of popcorn ceilings throughout indicates that not all aspects have been fully renovated. The lack of central air conditioning is also a notable factor. However, the overall condition, particularly the updated kitchen and flooring, combined with the description of being 'beautifully maintained,' places it firmly in the 'Good' category, requiring no immediate major renovations.
Pros & Cons

Pros

Great Schools: Elementary School: Kettering Elementary School (10/10).
Prime Location near CSULB: Located just one mile from Cal State Long Beach, offering an unbeatable perk for families, faculty, students, or savvy investors.
Private Backyard Oasis: Features a private backyard oasis complete with a sparkling pool and spa, perfect for gatherings and year-round enjoyment.
Well-Maintained Original Owner Home: This is a rare original owner home, meticulously maintained with evident pride of ownership over many years.
Updated Kitchen: The kitchen has been updated with crisp white cabinetry, quartz counters, and stainless steel appliances, appealing to modern tastes.
Flexible Floor Plan with Bonus Space: Offers an exceptional layout including three main-level bedrooms and an upstairs primary suite plus an expansive bonus room/loft, providing versatile living options.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7632, other record lot size in square feet = 6333. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2301, other record living area = 2632.
Age of Property: Built in 1960, while well-maintained, the property's age may suggest potential for aging infrastructure or systems beyond the updated kitchen.
Limited View: The property offers a 'Neighborhood' view, which might not meet expectations for buyers seeking more expansive or premium scenic vistas at this price point.
Absence of Central Air Conditioning: The description does not explicitly mention a cooling system, which could be a drawback during warmer months in Long Beach.

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