Park Estates (36) Homes with Stock Cooperative Subtype

Welcome to Park Estates, a hidden gem nestled in the heart of Long Beach, California. This charming neighborhood is known for its picturesque tree-lined streets, beautifully manicured gardens, and a strong sense of community. Park Estates offers a serene suburban atmosphere while being just a stone's throw away from the vibrant energy of downtown Long Beach and the stunning coastline.

One of the unique features of Park Estates is its stock cooperative homes, providing a distinctive living experience for residents. These homes are part of a cooperative housing arrangement, allowing residents to own shares in the community rather than individual properties. This innovative approach fosters a close-knit community and often leads to lower living costs and shared responsibilities among residents. The stock cooperative homes in Park Estates are designed with comfort and style in mind, boasting spacious layouts, modern amenities, and access to beautiful outdoor spaces.

Residents of Park Estates can enjoy the best of both worlds—peaceful suburban living with easy access to the bustling city life. The neighborhood is conveniently located near excellent schools, parks, and recreational facilities, making it an ideal choice for families and professionals alike. Additionally, the proximity to major highways and public transportation means that commuting to Los Angeles and beyond is a breeze.

If you're seeking a welcoming community with a unique housing option, Park Estates is the perfect place to call home. Discover the charm and convenience of this lovely neighborhood today!

Newest Park Estates (36) Homes with Stock Cooperative Subtype

$539,000

2 Beds ⋅ 2 Baths ⋅ PW26087673 MLS ⋅ Active Under Contract Status

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 highlighted by oversized windows, plantation shutters, newer baseboards, and original oak hardwood flooring, refinished in 2021. The recently remodeled kitchen blends style and functionality with quartz countertops, stainless steel appliances, updated cabinetry, and modern tile flooring. An open concept layout with an island creates effortless flow into the dining area, while the expansive private patio extends the living space outdoors for seamless indoor outdoor entertaining. Down the hall, two generously sized bedrooms provide comfort and flexibility. The spacious primary suite features hardwood flooring, plantation shutters, a walk-in closet, a private ensuite bathroom, and a mini-split heat & A/C system installed in 2025. The second bedroom is equally well appointed with original hardwood floors, plantation shutters, its own oversized closet area, and an additional mini-split A/C system. Additional upgrades include a newer circuit breaker installed in 2022, a brand new water heater installed in 2026, and a dedicated parking space within a shared garage nearby the unit as well as a dedicated permit allowing a second vehicle to park in the community guest spaces overnight. Residents of Sovereign Park Estates enjoy a variety of amenities, including five swimming pools, a community fitness center, plentiful guest parking, and HOA dues that conveniently cover water, trash, Direct TV and internet service. Located within one of Long Beach’s most desirable neighborhoods and an award winning school district, this home offers close proximity to shopping, dining, parks, freeway access, and the coastline.

5140 E Atherton Street Unit 9, Long Beach

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