University Park Estates Townhome for Sale

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$1,200,000 Open Sun 1PM - 3PM
- 3 Beds
- 2.5 Baths
- 2,120 Sq Ft
431 Cranston Ct Unit 102, Long Beach, CA 90803

Nestled in the highly desirable Bixby Village Community, this elegantly updated townhome offers an unparalleled blend of sophistication and coastal convenience. Just moments from renowned dining, the sandy beaches of Belmont Shore, and the premier shopping experience of 2nd & PCH, this residence embodies Southern California living at its finest.Step inside to discover a meticulously renovated

Courtney Hackbarth Compass

431 Cranston Ct Unit 102, Long Beach, CA 90803

California Long Beach University Park Estates

Why Live in University Park Estates

University Park Estates is a residential neighborhood in east Long Beach, just north of Marina Pacifica and Belmont Beach. Named for its proximity to California State University, Long Beach (CSULB), the neighborhood is known locally as “The Hole” due to the steep drop at the Margo Avenue entrance to the neighborhood. Despite the name, University Park Estates is one of the more sought-after neighborhoods in Long Beach, offering easy access to multiple freeways and sprawling Marina Pacifica shopping centers. “The neighborhood itself is pretty quiet, but it’s close to everything,” says Realtor Scott Underwood of Meadowbrook Realty, who has worked in the area for over 20 years. “Shopping, dining, parks, the beach — it’s all a mile away at most.” The area was first developed in the early 1960s by S & S Construction, and midcentury ranch-style homes still make up most of the neighborhood’s housing stock. However, the more recently developed Bixby Village community on the west side of the neighborhood is mostly made up of modern townhouses and condos. Townhouses in University Park Estates typically sell for between $1 million and $1.3 million, while single-family homes usually list for

Learn more about living in University Park Estates

Home Trends in University Park Estates, CA

On average, homes in University Park Estates, Long Beach sell after 56 days on the market compared to the national average of 69 days. The median sale price for homes in University Park Estates, Long Beach over the last 12 months is $328,000, down 10% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$328,000

Median Single Family Sale Price

$199,900

Median 2 Bedroom Sale Price

$242,500

Average Price Per Sq Ft

$171

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

1.80

Median List Price

$199,900

Median Change From 1st List Price

Median Home Sale Price YoY Change

-10%

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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. Properties may or may not be listed by the office/agent presenting the information