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Lakewood

Lakewood

Located in Los Angeles County

$910,753 Average Value
$653 Average Price per Sq Ft
54 Homes For Sale

A central LA city known for being one of the first postwar planned communities

Famous for being one of the first midcentury suburbs, Lakewood was dubbed “Tomorrow’s City Today.” Affordable ranch-style homes spread at an exponential rate. Over three years, the land went from lima bean fields to a residential community catering to the middle class and World War II veterans. In 1954, it also became the country’s first “contract city,” contracting Los Angeles County to do its municipal services. Now Lakewood is home to approximately 78,000 people, many of whom commute to downtown Los Angeles, Long Beach and Anaheim. The city retains much of its suburban appeal, with the same ranch-style homes and contracted services. “A lot of people move back to where they grew up because of the family atmosphere and multigenerations. It's just a good city for young families. It’s a great place to live,” says Realtor Debra Van Leeuwen, who works with Home Base Realty and has over two decades of experience in the area.

Lakewood has many ranch style homes as well as larger custom homes in its neighborhoods.
Lakewood has many ranch style homes as well as larger custom homes in its neighborhoods.
Lakewood is famous for being one of the first midcentury suburbs in the area.
Lakewood is famous for being one of the first midcentury suburbs in the area.
Lakewood has a popular pedestrian walkway with a sign that reads
Lakewood has a popular pedestrian walkway with a sign that reads "Times Change Values Don't.
Lakewood has affordable ranch style homes that were built in the midcentury.
Lakewood has affordable ranch style homes that were built in the midcentury.
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Midcentury ranch-style homes in Lakewood

Lakewood was designed to be primarily residential, and over 85% of the city’s housing is single-family homes. With retail on its main thoroughfares, the city is otherwise composed of neighborhoods in a loose grid, meant to decrease through traffic without eliminating the convenience. Some of the city’s most popular neighborhoods are Lakewood Mutual and Mayfair, both offering ranch-style homes from the postwar years. The city center also appeals to many. “Lakewood Park is one of the most desirable areas of Lakewood and located in the heart of Lakewood,” Van Leeuwen says. The houses often come with driveways, detached garages and lawns with enough space for garden beds. The city’s median sales price is $850,000, with homes on the market for an average of 23 days, lower than the national average of 44 days. Although Lakewood’s inventory is on the low side, the market is becoming more balanced. “It's becoming more of a normal market, not a buyer's market and not a seller's market,” Van Leeuwen says.

One of Lakewoods most popular neighborhoods is Lakewood Mutual with unique large homes.
One of Lakewoods most popular neighborhoods is Lakewood Mutual with unique large homes.
Lakewood has a variety of home styles with great shopping amenities like Lakewood Center.
Lakewood has a variety of home styles with great shopping amenities like Lakewood Center.
Lakewood Park is one of the most desirable areas of Lakewood with stunning homes.
Lakewood Park is one of the most desirable areas of Lakewood with stunning homes.
Lakewood was designed to be primarily residential with the majority single family homes.
Lakewood was designed to be primarily residential with the majority single family homes.
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The Lakewood Center, Lakewood Marketplace and LBX Long Beach Exchange

One of America’s first indoor malls, the Lakewood Center has been the city’s main retail hub since 1952. Today it houses over 200 shops and services in the heart of town, including familiar names like Macy’s and H&M. The mall also offers a food court and entertainment at Round1 Bowling & Arcade. There are strip malls throughout the city; centrally located Lakewood Marketplace is one of the largest, with a supermarket and local restaurants. On the southern edge of Lakewood, LBX Long Beach Exchange Retail is an open-air hangar with a diverse food court, where visitors can find indoor and outdoor seating.

Paramount locals can head over to Round 1 for bowling and family fun games.
Paramount locals can head over to Round 1 for bowling and family fun games.
Head into Dale's Dinner for that nostalgic 1950's dinner feel.
Head into Dale's Dinner for that nostalgic 1950's dinner feel.
Lakewood Center Mall has great options for dining at its food court.
Lakewood Center Mall has great options for dining at its food court.
Caesar's Mongolian BBQ is a popular restaurant among the locals.
Caesar's Mongolian BBQ is a popular restaurant among the locals.
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Community events, including the Civic Center Block Party

Right next to the Lakewood Center, the annual Civic Center Block Party kicks off the summertime each June. “I’d say it’s the biggest event in the city,” Van Leeuwen says. It features a Family Fun Zone, with activities for kids, plus live music and a food court. The night ends with a bang — a professional fireworks show. At the Tree Lighting in December, locals can see the city’s decorated 24-foot-tree in the Civic Center Plaza. The celebration includes carolers, pictures with Santa and artificial snow. The Lakewood Farmers Market starts every Saturday morning, with vendors for fresh produce and crafts.

Stroll and take in the sights and aromas of the Lakewood Farmers Market.
Stroll and take in the sights and aromas of the Lakewood Farmers Market.
Each year, the Pan Am Fiesta returns Thursday - Sunday over Mothers Day weekend to Mayfair Park.
Each year, the Pan Am Fiesta returns Thursday - Sunday over Mothers Day weekend to Mayfair Park.
The Fiesta is Lakewood’s longest-running community event, dating back to the mid-1940s.
The Fiesta is Lakewood’s longest-running community event, dating back to the mid-1940s.
Specialist growers bring the freshest fare to the Lakewood Farmers Market.
Specialist growers bring the freshest fare to the Lakewood Farmers Market.
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Well-rated Long Beach Unified public schools

The city is served by the Long Beach Unified School District, which has an A rating on Niche. It earns an A-plus in college prep, plus A ratings in diversity and teachers. Nine of its schools have won the Department of Education’s National Blue Ribbon award. With approximately 66,000 students, the district’s student-teacher ratio is 24-to-1. Nearby higher education options include Fremont University in Cerritos and California State University, Long Beach.

Lakewood High School entrance welcomes all it's students.
Lakewood High School entrance welcomes all it's students.
Cleveland Elementary serves students in grades K-5.
Cleveland Elementary serves students in grades K-5.
Fremont University is a great option for after highschool in Lakewood.
Fremont University is a great option for after highschool in Lakewood.
Riley Elementary School in the 
Lakewood neighborhood serves grades K-5.
Riley Elementary School in the Lakewood neighborhood serves grades K-5.
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Mayfair Park and more outdoor recreation

As one of the country’s premier planned communities, Lakewood offers strategically placed parks — one per neighborhood, with 10 major parks in total. The most popular is Mayfair Park, about 18 acres of outdoor activities in the middle of the city. It has a public pool as well as sports facilities like ballfields and a basketball court. On the west side of Lakewood, Bolivar Park also has a swimming pool, plus gazebo picnic areas. Its playground features a zip line and double swings that allow parents to swing with their children. The Lakewood Golf Course, in the southwest part of the city, is a public 18-hole course beside a Mediterranean clubhouse. Good weather means residents can be outdoors most of the year. The area has warm summers and mild winters.

Lakewoods Bolivar Park has a popular zip line that attracts many residents.
Lakewoods Bolivar Park has a popular zip line that attracts many residents.
Lakewood Golf Course brings golfers from around the area with its great course.
Lakewood Golf Course brings golfers from around the area with its great course.
Mayfair Park is about 18 acres of outdoor activities
Mayfair Park is about 18 acres of outdoor activities
Palms Park and Community Center is a great park to get in on a game of hoops.
Palms Park and Community Center is a great park to get in on a game of hoops.
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A 20-mile drive to downtown LA

In car-dependent Lakewood, most residents commute to work with nearby highways: interstates 605 and 405, plus state routes 91 and 19. Via Interstate 710, downtown Los Angeles is about 20 miles away, while downtown Long Beach is about 10 miles away. Some residents work at major employers nearby, including the UCI Health – Lakewood, the Lakewood city government and Long Beach Unified public schools. For public transportation, there are Long Beach Transit and Metro bus stops throughout the community. Long Beach Airport is only 3 miles from Lakewood, while the Los Angeles International Airport is about 20 miles away.

Lakewood crime rates

According to data from the FBI, the violent crime rate in Lakewood is lower than to the state and national rates. Rhe property crime rate is lower than the state rate, too, but higher than the national rate. The Lakewood Sheriff’s Station has programs like vacation checks and civilian volunteering to help decrease crime.

Anna Anderson
Written By
Anna Anderson
Samuel Evans
Photography Contributed By
Samuel Evans
Mallory Nolte
Video By
Mallory Nolte

Interested in learning more about homes in this area? Reach out to Loree Swanenburg, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Lakewood Housing Trends

Housing Trends

Median List Price
$869,000
Median Sale Price
$860,000
Median Single Family Sale Price
$875,000
Median Townhouse Sale Price
$750,000
Median 2 Bedroom Sale Price
$559,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
490
Median Home Sale Price YoY Change
1%
Average Price Per Sq Ft
$653

Area Facts

Number of Homes in Neighborhood
22,362
Number of Homes for Sale
54
Median Year Built
1952
Months of Supply
1.30
Average Single Family Home Size Sq Ft
1,402
Significantly below the national average
1,924
Average Townhouse Size Sq Ft
1,995
Average 2 Bedroom Size Sq Ft
1,109
Average 1 Bedroom Size Sq Ft
747
Average Studio Size Sq Ft
600
Median Lot Size Sq Ft
5,227

Open Houses

  • Sunday, Sep 21
    Open Sun 12PM - 4PM

    4261 Ostrom Ave, Lakewood, CA 90713

    $947,000

    • 3 Beds
    • 1 Bath
    • 1,210 Sq Ft
    • 4261 Ostrom Ave
    • New 1 day ago

    Located in the heart of Carson Park, this stunningly remodeled home balances timeless charm with contemporary ease. A welcoming floor plan that blends formal elegance with everyday comfort, with an abundance of natural light streaming through large new dual pane windows. This home features all new two panel interior doors and modern front door featuring glass inlay. The interior showcases a

    Kelly Evans RE/MAX College Park Realty

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  • Sunday, Sep 21
    Open Sun 12PM - 3PM

    4399 Levelside Ave, Lakewood, CA 90712

    $899,999

    • 3 Beds
    • 1 Bath
    • 1,606 Sq Ft
    • 4399 Levelside Ave
    • New 2 days ago

    Welcome to this beautifully maintained Lakewood residence, offering comfort, style, and convenience in one of the area’s most desirable neighborhoods. This spacious corner lot home features an inviting layout filled with natural light, generous living areas, and thoughtful updates throughout. The modern kitchen is designed for both function and style, while the backyard provides the perfect

    Jennifer Silva Atllas Inc.

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  • Sunday, Sep 21
    Open Sun 12PM - 4PM

    2008 Del Hollow St, Lakewood, CA 90712

    $979,900

    • 5 Beds
    • 3 Baths
    • 2,235 Sq Ft
    • 2008 Del Hollow St
    • New 3 days ago

    Located in the highly desirable Cherry Cove neighborhood, this spacious 2,235 sq ft home features 5 bedrooms and 3 bathrooms, offering plenty of room for family living and entertaining. Highlights include a large master suite with an en-suite bathroom, updated copper plumbing and electrical (2005), new windows and sliding doors , and a new AC unit . Recent upgrades include new flooring

    Rafael Gonzalez Circle Real Estate

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Lakewood

Property Mix - Square Feet

Lakewood Has More Owners

Demographics

Total Population
77,323
Median Age
41
Population under 18
22.9%
On par with the national average
23.8%
Population over 65
17.8%
On par with the national average
19.1%

Finances

Median Household Income
$106,463
Significantly above the national average
$71,702
Average Household Income
$124,563

Education and Workforce

High School Graduates
91.2%
College Graduates
32.8%
Advanced Degrees
9.8%
On par with the national average
13.3%
% Population in Labor Force
68.6%
On par with the national average
65.1%

Weather

Annual Precipitation
12''
Average Winter Low Temperature
46°F
Average Summer High Temperature
82°F
Annual Snowfall
0''

Area Factors

Bikeable

Bike Score®®

60 / 100

Somewhat Walkable

Walk Score®®

66 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lakewood
Loree Swanenburg
The RECollective
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