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Park Estates

Park Estates

$1,440,481 Average Value
$646 Average Price per Sq Ft
14 Homes For Sale

Park Estates has luxury Long Beach living in a quiet neighborhood

Park Estates feels like a quiet retreat in eastern Long Beach, known for its midcentury modern architecture and nearby shopping hubs. Among all the neighborhoods that prominent developer Lloyd S. Whaley built in the city, Park Estates was where he chose to build his own 3-acre estate. Whaley designed Park Estates to feel park-like, with more upscale homes than nearby Los Altos South, and that vision still shows today. You’ll see wide lots, mature trees and well-kept streets, thanks to HOA guidelines that keep the neighborhood looking polished. With many homes priced over $2 million, Park Estates sits at the higher end of Long Beach’s market and appeals to buyers who want luxury living without the crowds and buzz of Naples or Belmont Shore.

Midcentury modern homes have architectural prestige

Park Estates really stands out for its architecture, with notable homes designed by big-name architects like Richard Neutra and John Lautner. Most of the neighborhood was built in the late 1940s and 1950s, so you’ll see plenty of single-story ranch homes with midcentury modern and subtle Craftsman vibes. One big perk is the lot size. Yards here are noticeably larger than what you’ll find in nearby upscale neighborhoods like Belmont Heights or Belmont Shore.

If you look at the median sale price for single-family homes, it’s a whopping $2.2 million, making Park Estates one of the most expensive neighborhoods in Long Beach. Smaller homes start at $1.5 million, and personalized luxury homes go for over $4 million. Around the edges of the neighborhood, condominium units have much lower prices, ranging from the upper $200,000s to the lower $600,000s.

A modern take on Prairie architecture is framed by mature trees in Park Estates.
A modern take on Prairie architecture is framed by mature trees in Park Estates.
Jacaranda trees bring a vibrant splash of spring color to Park Estates.
Jacaranda trees bring a vibrant splash of spring color to Park Estates.
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Secluded atmosphere and family friendly vibe

Park Estates is a quiet, family friendly community, with a tucked-away feeling despite its central location. "It really offers the best of both worlds," says Realtor Shannon Paul with Zaia Estates, who has over five years of experience in the area. "You get this quaint, intensely suburban enclave with beautiful custom homes and tree-lined streets — which I know everyone says about every neighborhood, but these are serious trees — and at the same time, as soon as you leave the neighborhood, there's a ton of great shopping and dining.”

It’s easy to get out and walk around the neighborhood, with sidewalks, streetlamps and very little traffic. “You see people out walking their dogs all the time,” says Bob Stallings, a broker and owner of Re/Max Real Estate Specialists with over 40 years of experience in Long Beach. “It’s a quieter, safer area for kids to be out playing because you don’t have people speeding down the street.”

What to know about the HOA in Park Estates

The Park Estates Homeowners Association has existed for as long as the neighborhood has, and plans events such as an annual community picnic and a Halloween parade. Because of PEHA regulations, the neighborhood has a highly manicured feel and not much infill of denser housing. If you own a home here, you’ll be expected to adhere to PEHA guidelines, including:

  • The Architectural Review Board must review any modifications you want to make to the exterior of your home
  • Approval is needed before you remove any trees over 12 feet tall
  • Front yards must be kept healthy and landscaped
  • Visible campers, boats or other large recreation vehicles are not allowed

Highly rated schools in Long Beach Unified School District

Kids in the neighborhood are zoned for some of the highest-rated schools in the Long Beach Unified School District, including Minnie Gant Elementary School, Rogers Middle School and Wilson High School. The district also allows school choice, meaning you can apply to other neighborhood schools.

Minnie Gant Elementary is a California Distinguished School.
Minnie Gant Elementary is a California Distinguished School.
Rogers Middle School offers plenty of educational options for junior high students.
Rogers Middle School offers plenty of educational options for junior high students.
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Centrally located to parks and shopping centers

There’s plenty of shopping just minutes away, including Circle Center West and the North Los Altos Shopping Center, home to a Trader Joe’s and Target. You’re also centrally located to some of eastern Long Beach’s top attractions, including:

  • California State University Long Beach: The walkable campus has cultural attractions like the Earl Burns Miller Japanese Garden
  • Marina Pacifica and 2nd & PCH: About 2 miles away, these two waterfront shopping malls offer a variety of dining, upscale shopping and large grocery stores
  • Recreation Park: Just a short drive away, this massive green space has athletic fields, a dog park and an 18-hole golf course
  • Belmont Shore: About 3 miles south, this coastal neighborhood is known for beach access and 2nd Street’s corridor of restaurants

Barnes & Noble has two floors of books and magazines and more.
Barnes & Noble has two floors of books and magazines and more.
Make a stop at Trader Joe's for a healthy selection of groceries.
Make a stop at Trader Joe's for a healthy selection of groceries.
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Easy access to Cal State and Interstate 405

Park Estates borders the Tibor Rubin VA Medical Center and California State University Long Beach, so you’ll see some healthcare professionals and university employees who simply walk to work. For those commuting the 5 miles to Downtown Long Beach, it takes about 20 minutes or longer during rush hour. You can easily hop on the Pacific Coast Highway to make it to Interstate 405, but expect the usual traffic when heading into Los Angeles. From Park Estates, the trip to LA can be an hour or, with traffic, an hour and a half.

Catherine Lashley
Written By
Catherine Lashley
Michael Rutt
Photography Contributed By
Michael Rutt
Kristen Wilson
Video By
Kristen Wilson

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Long Beach (Daugherty Field)

9 min drive

Bus

Los Altos & Pch NE

Bus

Bellflower & Anaheim Rd SW

Bus

Los Altos & Anaheim Rd. SW

Bus

Bellflower & Atherton SW

Bus

Atherton & Stearnlee SE

Bus

7th & Bellflower SW

Bus

Anaheim Rd. & La Pasada SE

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Park Estates US
Homicide 3 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 5 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
1,041
Number of Homes for Sale
14
Median Year Built
1958
Months of Supply
5.60
Average Single Family Home Size Sq Ft
2,661
Significantly above the national average
1,932
Average Townhouse Size Sq Ft
3,119
Average 2 Bedroom Size Sq Ft
1,088
Average 1 Bedroom Size Sq Ft
689
Average Studio Size Sq Ft
418
Median Lot Size Sq Ft
9,147

Open Houses

  • Saturday, May 30
    1 - 4am

    5411 E El Cedral St, Long Beach, CA 90815

    $3,944,000

    • 4 Beds
    • 3 Baths
    • 3,668 Sq Ft
    • 5411 E El Cedral St
    • New 1 day ago

    Welcome to 5411 East El Cedral, a rare single-story Estate located in the highly sought-after "Estate section" of Park Estates neighborhood. Designed for luxury living and unforgettable entertaining, this exceptional property sits on an expansive 18,443 square foot lot and offers approximately 3668 square feet of thoughtfully designed living space with 4 bedrooms and 3 baths. The versatile fourth

    Agent Photo
    John Rudy
    Trends RE Inc.
    (562) 574-2359
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  • Thursday, May 28
    11am - 1pm

    5585 E Pacific Coast Hwy Unit 154, Long Beach, CA 90804

    $458,000

    • 2 Beds
    • 2 Baths
    • 950 Sq Ft
    • 5585 E Pacific Coast Hwy
    • Unit 154

    Price Reduction - B.O.M.- (2 bedroom + 2 baths, Ensuite- appears to be lowest priced hot commodity in the area- (only one 2 bedroom available in the complex)! (Unavailable for showings previously - due to Tenant, now available)! Resort-Style Living at it's finest- an Incredible Value! Monetary assistance potentially available! VA & Conventionally Approved. Water, Trash, Security Guard included in

    Margaret Blanchard - Bennett RE/MAX One

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  • Saturday, May 30
    12 - 3pm

    5140 E Atherton St Unit 9, Long Beach, CA 90815

    $550,000

    • 2 Beds
    • 2 Baths
    • 1,241 Sq Ft
    • 5140 E Atherton St
    • Unit 9
    • New 18 hours ago

    Welcome to 5140 Atherton St, Unit #9, a beautifully updated two bedroom, two bath residence nestled within the highly sought after Sovereign Park Estates. Ideally positioned along the river channel and tucked away from major streets, this home offers a rare sense of privacy and serenity in one of the community’s premier locations. Upon entry, you’re welcomed into a warm and inviting living space

    Jake MacRae California Real Estate Company

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$2,795
Median Single Family Home Rent
$5,598
Median 3 Bedroom Single Family Home Rent
$8,500
Median Condo Rent
$2,250
Median 2 Bedroom Condo Rent
$2,695

Demographics

Total Population
3,020
Median Age
43
Population Density
12 ppl/acre
Population under 18
18.5%
Below the national average
23.8%
Population over 65
21.8%
On par with the national average
19.1%

Finances

Median Household Income
$79,715
On par with the national average
$79,597
Average Household Income
$123,533

Education and Workforce

High School Graduates
97.5%
College Graduates
68.9%
Significantly above the national average
34.1%
Advanced Degrees
26.3%
Above the national average
13.3%
% Population in Labor Force
68.1%

Weather

Annual Precipitation
12''
Average Winter Low Temperature
46°F
Average Summer High Temperature
82°F
Annual Snowfall
0''

Area Factors

Fairly friendly

Bikeability®

50 / 100

Moderately friendly

Walkability®

60 / 100

Fairly friendly

Transit®

40 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Park Estates