Why Live in Park Estates
Park Estates in Long Beach is a serene suburban neighborhood known for its spacious yards and custom homes. Developed in 1948, the area features midcentury architecture, including ranch-style homes and large five-bedroom houses designed by notable architects like Lloyd Wright and Richard Joseph Neutra. The neighborhood is characterized by tree-lined streets and lush landscaping, providing a tranquil environment. Residents enjoy proximity to essential amenities, with supermarkets like Ralphs and Vons nearby and the Marina Pacifica Shopping Center less than 2 miles away, offering a variety of boutiques, department stores, and entertainment options. Dining in Park Estates reflects Long Beach's multicultural community, with options like Hole Mole for Mexican cuisine, Green Field Churrascaria for Brazilian fare, and The Crooked Duck for American food.
Families in Park Estates benefit from highly rated schools within the Long Beach Unified School District, including Gant Elementary School, Rogers Middle School, and Woodrow Wilson High, all of which receive high marks. For outdoor activities, residents can visit Los Altos Plaza, a small park with a playground, or the larger Recreation Park, which features athletic fields, walking trails, a dog park, and a historic golf course. Cultural attractions are also accessible, with the Long Beach Museum of Art and the Long Beach Aquarium offering enriching experiences. The neighborhood is conveniently located about 5 miles from downtown Long Beach and 3 miles from Long Beach Airport, with public transportation options available via Long Beach Transit buses.
Frequently Asked Questions
Is Park Estates a good place to live?
Park Estates is a good place to live. Park Estates is considered somewhat walkable and very bikeable with good transit options. Park Estates is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Park Estates has 5 parks for recreational activities. It is fairly dense in population with 11.0 people per acre and a median age of 43. The average household income is $123,533 which is above the national average. College graduates make up 68.9% of residents. A majority of residents in Park Estates are home owners, with 46.8% of residents renting and 53.2% of residents owning their home. A
local real estate agent serving Park Estates can help you decide if this neighborhood is the right one for you. Learn more on our
Park Estates neighborhood guide.
Is Park Estates, CA a safe neighborhood?
Park Estates, CA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Park Estates?
The median home price in Park Estates is $389,000. If you put a 20% down payment of $77,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,020 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $87K a year to afford the median home price in Park Estates. The average household income in Park Estates is $124K.
What are the best public schools in Park Estates?
The best public schools that serve Park Estates are:
What are the best private schools in Park Estates?
The best private schools that serve Park Estates are:
What are the most popular zip codes in Park Estates, Long Beach, CA?
What are the most popular neighborhoods near Park Estates, Long Beach, CA?
Are home prices dropping in Park Estates?
Yes, home prices in Park Estates are down 28% in the last 12 months.
Home Trends in Park Estates, CA
On average, homes in Park Estates, Long Beach sell after 77 days on the market compared to the national average of 70 days. The median sale price for homes in Park Estates, Long Beach over the last 12 months is $372,000, down 29% from the median home sale price over the previous 12 months.
Median Sale Price
$372,000
Median Single Family Sale Price
$330,000
Median Townhouse Sale Price
$372,000
Median 2 Bedroom Sale Price
$625,000
Average Price Per Sq Ft
$211
Number of Homes for Sale
2
Last 12 months Home Sales
20
Median List Price
$389,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-29%