Under ContractStockCooperative

5140 E Atherton 35

Long Beach, CA, 90815

1 / 28View all 28 photos

$499,000

MLS: PW26063289

Beds

2

Baths

2

Sq Ft

1,241

Lot

7.55 ac

Year Built

1965

MLS #

PW26063289

Days on Market

16

Listed

Mar 25, 2026

Description

This spacious lower-level unit in Sovereign Park Estates is the one you’ve been waiting for! Known for its charming mid-century vibe, this community offers a perfect blend of style and comfort. Step inside this 1,241 sq. ft. unit, and you’ll find two generously sized bedrooms and 2 bathrooms, both offering plenty of space and storage. The remodeled kitchen is a standout, with its rich wood cabinetry and a smart layout that’s perfect for cooking and entertaining. The kitchen flows seamlessly into the dining area, making gatherings a breeze. The living room has plenty of natural light with large sliding glass doors that open onto a cozy enclosed patio—a perfect spot for your morning coffee, a mini garden, or soaking up the sunshine. The bathrooms are spotless, with one recently updated for a fresh, modern feel. The property includes a garage with even more storage and an assigned parking space. This particular unit is in a premier location within the community, overlooking one of the 5 pools and it just across from on-site gym. Outside the community, you’ll love being in the heart of a very walkable part of Los Altos with everything you need conveniently located nearby. This co-op offers resort-style living while being close to all that Long Beach has to offer. Don’t miss your chance to experience this fantastic opportunity in a well-maintained community. Schedule your showing today and envision life in this serene and amenity-rich setting!

Location

Long Beach, Los Angeles County, CA 90815

Open on Google Maps ↗

Listed by: Michele Kreinheder · Compass

Payment estimate

$3,766

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100

%
Principal & Interest
$2,759
Property tax (1.25%)
$520
Homeowners insurance
$300
Mortgage insurance
$187
Open the full calculator →

Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $17,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Similar Homes Nearby

Active and pending listings in ZIP 90815 (Long Beach) within ±10% of this home's price and size.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access