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Lakewood Estates

Lakewood Estates

$916,802 Average Value
$328 Average Price per Sq Ft
8 Homes For Sale

Lakewood Estates offers easy access to parks, shopping and the freeway

Lakewood Estates is an unassuming suburban enclave in east Lakewood that offers easy access to multiple commuting routes and more green space than one might expect. Developed in the early 1950s along with the rest of the city, the Estates run along a portion of the San Gabriel River surrounded by well-maintained public parks and a popular bike trail that runs all the way to Azusa and the San Gabriel Mountains. The neighborhood is also close to expansive retail centers in both Lakewood and nearby Cerritos, making shopping a breeze. “It has more of a quiet, suburban feel compared to other neighborhoods closer to the coast,” says Realtor Jack Nendel of Re/Max College Park Realty, who has worked in the area for over three decades. “It’s actually kind of the archetype of the midcentury LA suburb. You’re close to shopping, close to the freeways, and still not too far from the beach.”
Lakewood Estates offers a pleasant suburban experience with easy access to parks, shopping and the freeway.
Lakewood Estates offers a pleasant suburban experience with easy access to parks, shopping and the freeway.
Lakewood Estates residents can head to Vons for their weekly grocery needs.
Lakewood Estates residents can head to Vons for their weekly grocery needs.
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Midcentury homes and a few two-story builds

Like most of Lakewood, Lakewood Estates’ housing inventory is composed almost entirely of ranch-style homes built in the 1950s. However, there is a small enclave of larger two-story homes on the north side of the neighborhood off of Allington Street. Most of the ranch-style homes in the neighborhood offer between 1,000 and 1,700 square feet, and many have undergone drastic renovations and updates in the last couple of decades. Ranch-style homes in the neighborhood usually sell for $800,000 to $1 million, while two-story properties go for $1 million to $1.3 million.
Ranches in Lakewood Estates usually sell for $800,000 to $1 million, while two-story properties go for $1 million to $1.3 million.
Ranches in Lakewood Estates usually sell for $800,000 to $1 million, while two-story properties go for $1 million to $1.3 million.
Midcentury ranch style homes dominate the residential streets of Lakewood Estates.
Midcentury ranch style homes dominate the residential streets of Lakewood Estates.
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Served by Long Beach and Bellflower schools

Homes in the northern part of the neighborhood fall into the Bellflower Unified School District, while homes on the south side are part of Long Beach Unified. Southside students can attend Cleveland Elementary, which has an A on Niche, Bancroft Middle School, which has an A-minus, and Lakewood High, which has a B-plus. Students on the north side can go to Esther Lindstrom Elementary, which has a B rating, and Mayfair High School, which has a B-plus and serves grades 7 through 12.
Grover Cleveland Elementary School receives an overall A rating from Niche.
Grover Cleveland Elementary School receives an overall A rating from Niche.
Bancroft Middle School receives an A- overall rating from Niche.
Bancroft Middle School receives an A- overall rating from Niche.
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Green spaces along the San Gabriel River

There are a few small, well-maintained city parks scattered around the neighborhood, offering playgrounds and athletic fields. But when most locals want to get outside, they’re most likely to head to the green spaces that line the San Gabriel River. The river actually serves as the border between Lakewood and Cerritos, and both towns have parks along the riverbed. Liberty Park in Cerritos is the largest of these, but it’s connected to Mae Boyar Park, Monte Verde Park and Rynerson Park, all of which feature playgrounds, basketball courts and tennis fields. The paved San Gabriel River Trail runs through the parks as well. This 28-mile-long bike runs south to Seal Beach and north all the way to Azusa and the San Gabriel Mountains.
Relax in Monte Verde Park after a bike ride in Lakewood Estates.
Relax in Monte Verde Park after a bike ride in Lakewood Estates.
The San Gabriel River Trail in Lakewood Estates is a great place for a long bike ride.
The San Gabriel River Trail in Lakewood Estates is a great place for a long bike ride.
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Close to both the Cerritos Center and the Lakewood Center

Shopping in Lakewood Estates is concentrated at the intersection of South Street and Woodruff Avenue. The shopping centers at the intersection are home to both a Vons supermarket and a Grocery Outlet, along with a selection of chain retailers. There are also a number of highly rated Mexican and East Asian eateries in the area, including Thai Villa Restaurant and Adobo Taco Grill. Lakewood Estates is also less than a mile from multiple expansive retail centers. “There’s great shopping everywhere you look,” says Nendel. “The hardest part is usually deciding which direction to pick.” To the west, the Lakewood Center is one of the largest malls in California, featuring over 200 shops and restaurants, while the Cerritos Center to the east is home to a similarly sprawling assortment of retail and dining.
Thai Villa in Lakewood Estates is a favorite restaurant among locals.
Thai Villa in Lakewood Estates is a favorite restaurant among locals.
Head to Adobo Taco Grill for a delicious lunch in Lakewood Estates.
Head to Adobo Taco Grill for a delicious lunch in Lakewood Estates.
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Close to the I-605

Most homes in the neighborhood are within a 1-mile drive of either the South Street or Del Amo Boulevard on-ramp to Interstate 605, which connects to many of the nearby Gateway Cities. Multiple bus routes run through the neighborhood, offering connections to Cerritos, Long Beach and other Lakewood neighborhoods. It’s a roughly 24-mile drive from the neighborhood to Los Angeles International Airport and about 4 miles to the smaller Long Beach Airport, which offers flights to 27 locations in the U.S.
Andrew Moreno
Written By
Andrew Moreno
Josh Cavallo
Photography Contributed By
Josh Cavallo
Timothy Cerva
Video By
Timothy Cerva

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

Interested in learning more about homes in this area? Reach out to Daniel Dooros, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Long Beach (Daugherty Field)

13 min drive

Bus

South & Woodruff NE

Bus

South & Gondar SW

Bus

South & Snowden NW

Bus

Woodruff & Arabella SE

Bus

Del Amo & San Gabriel River NW

Bus

Woodruff & Pavilions SE

Bus

Palo Verde & Del Amo NE

Crime and Safety

1 - Low Crime, 10 - High Crime Lakewood Estates US
Homicide 2 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Lakewood Estates Demographics and Home Trends

Housing Trends

Median List Price
$675,000
Median Sale Price
$569,000
Median Single Family Sale Price
$680,000
Median 2 Bedroom Sale Price
$485,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
33
Median Home Sale Price YoY Change
24%
Average Price Per Sq Ft
$328

Neighborhood Facts

Number of Homes in Neighborhood
1,727
Number of Homes for Sale
8
Median Year Built
1955
Months of Supply
2.90
Average Single Family Home Size Sq Ft
1,489
Significantly below the national average
1,924
Median Lot Size Sq Ft
5,662

Open Houses

  • Wednesday, Jul 30
    12 - 4:30pm

    6118 Wolfe St, Lakewood, CA 90713

    $958,900

    • 3 Beds
    • 2 Baths
    • 1,366 Sq Ft
    • 6118 Wolfe St

    WELCOME to this beautiful cul-de-sac Home in the heart of Lakewood border line Cerritos Mall, this stunning completely remodeled 3-bedroom, 2-bath home offers the perfect mix of suburban charm and city convenience. There is an amazing bonus room which could easily be converted into a 4th bedroom and opens to the newly landscaped backyard with Spanish style flooring, perfect for relaxing or

    Irma Velasquez Century 21 LOTUS

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Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Daniel Dooros, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
5,268
Median Age
43
Population under 18
21.9%
On par with the national average
23.8%
Population over 65
19.9%
On par with the national average
19.1%

Finances

Median Household Income
$111,295
Significantly above the national average
$71,702
Average Household Income
$134,831

Education and Workforce

High School Graduates
89.1%
College Graduates
31.8%
On par with the national average
34.1%
Advanced Degrees
8.7%
On par with the national average
13.3%
% Population in Labor Force
67%

Weather

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

Area Factors

Bikeable

Bike Score®

63 / 100

Somewhat Walkable

Walk Score®

58 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Reviews

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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.
NEIGHBORHOOD
Lakewood Estates
Daniel Dooros
Beach Cities Properties, Inc.
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