There are 10 condos and single family homes on the market (August 2009)--this is a decrease in inventory of about 40% since May, 2009--with condos starting about $119,000 (if you're looking for an investment for a Cal State Long Beach student housing condo, this is a good place to start!). 

 Single family homes--six are now on the market--are now ranging from $799,000 to $2,995,000, depending on the property's location in Park Estates. Generally, the more western "estate section" features higher values due to smaller lot size and mid-sizes homes compared to the other larger 10,000-24,000 sq. ft. lot sizes.

Park Estates is home to ranch style and mid-century houses developed and built largely by Lloyd Whaley starting around 1950 through the 1960's and who was supposedly inspired by architect Paul R. Williams' original design for his own home. This area is marked by quiet residential streets with spacious homes on wide lots. Over time, contemporary Mediterranean, Norman or Tudor architectural styles have been added as new residents have taken advantage of rebuilding on the area's large lots.

The area is characterized by low traffic, yet is near major shopping conveniences, the historic Rancho Los Alamitos site which dates back to about 1806, the 405 Freeway and is adjacent to the California State University Long Beach campus.

Anaheim Road is lined with pepper trees, the same road once being part of the Bixby family's private ranch holdings prior to the early 1950's.