5200 E Atherton 108, Long Beach, California 90815, Long Beach, 90815 - 1 bed, 1 bath
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Long Beach, California 90815
This Stock Cooperative Asset presents a Strong Value Opportunity, listed at $379,000—positioned well below the $347,267 Fair Market Value by -9%. While the property requires significant rehabilitation due to its Condition Rating of 5, the flexible floor plan allows for a 2-bedroom conversion. Residents benefit from resort-style amenities, including five pools and comprehensive HOA inclusions. Located near top-rated schools like Bixby Elementary, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a prime Long Beach location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5200 E Atherton 108 Subject | $379,000* List Price | 1 | 1 | 868 | $400 | - |
A 5140 E Atherton 39 Sold | $430,000 | 1 | 1 | 868 | $495 | - |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965, this property's kitchen and bathroom are significantly outdated, appearing to have had their last major updates 30-50+ years ago. The kitchen features very old white cabinets, dated hardware, patterned laminate flooring, and an antique built-in oven, requiring a complete overhaul. The bathroom is characterized by pink fixtures, floral wallpaper, and an old vanity, also necessitating substantial renovation. While the hardwood floors in the living areas and bedroom are a positive, and the unit appears clean, the lack of modern amenities like in-unit laundry and air conditioning, combined with the extremely dated wet areas, means the property requires substantial rehabilitation to meet contemporary living standards and appeal.
The Sovereign Park Estates community offers an impressive array of amenities, including five swimming pools, a well-equipped fitness center, a clubhouse, and a resident library, promoting a vibrant and active lifestyle.
Monthly HOA dues provide exceptional value by covering water, trash, DirectTV, and high-speed internet, simplifying budgeting and enhancing the 'worry-free' living experience.
The open-concept, single-level layout can be easily converted from a 1-bedroom to a 2-bedroom configuration, offering adaptability for a private office, nursery, or guest room to suit evolving needs.
As a 'Stock Cooperative,' the ownership structure may involve specific financing requirements, stricter board approvals, and different legal implications compared to traditional condominium ownership, potentially affecting buyer eligibility.
Built in 1965, the property's age could imply potential for aging infrastructure or common area components that may require future maintenance or updates, despite any interior renovations.
The reliance on community laundry facilities and the lack of explicit mention of a cooling system (air conditioning) could be a drawback for buyers seeking modern in-unit conveniences and comfort during warmer periods.
Discover the perfect blend of comfort, flexibility, and resort-style living in this beautifully updated single-level condo located in the desirable Sovereign Park Estates community. Offering 1 bedroom, 1 bathroom, and over 800 square feet of open-concept living space, this home provides the ideal balance of functionality and style. Originally designed as a 2-bedroom layout, the versatile floor plan can easily be converted back, creating the perfect opportunity for a home office, guest room, or nursery. Perched on the second floor with no one above, this condo offers exceptional privacy and peaceful living. Step inside to a bright and airy interior where the spacious living room seamlessly flows into the dining area and kitchen. Large sliding glass doors fill the home with natural light and lead out to an oversized private balcony—perfect for morning coffee, relaxing with a book, or enjoying the Southern California sunshine. The home also features recently refinished wood flooring, adding warmth and character throughout the living space. The open layout creates an inviting atmosphere that feels both spacious and welcoming, ideal for entertaining or unwinding at the end of the day. Parking is a rare convenience with a dedicated garage space along with ample guest parking nearby. Residents of Sovereign Park Estates enjoy access to resort-style amenities including five sparkling pools, a fitness center, clubhouse, resident library, beautifully landscaped grounds, and community laundry facilities. The HOA dues also include water, trash, DirectTV, high-speed internet, and more, allowing for easy and low-maintenance living. Ideally situated in a quiet interior location, this home is just minutes from California State University, Long Beach, local shopping and dining, beautiful beaches, and popular entertainment destinations. With convenient access to the 405, 22, 710, and 605 freeways, commuting to both Los Angeles and Orange County is effortless. Whether you’re searching for your first home, an investment opportunity, or a low-maintenance coastal lifestyle, this condo offers exceptional value in an unbeatable location.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 868 | 868 | 50% |
| Lot Size | 328,878 | 329,057 | 20% |
| Price | $379.0K | $430.0K | 40% |
| Price per sq ft | $437 | $423 | 60% |
| Built year | 1965 | 1965 | 50% |
| HOA | $432.0 | $521 | 20% |
| Days on market | 237 | 131 | 0% |
May 14, 2026
$379,000
$379,999
+0% Price Increase
Initial Listing
Oct 20, 2025
$379,999
Initial Listing