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Lakewood Mutual

Lakewood Mutual

$908,401 Average Value
$650 Average Price per Sq Ft
11 Homes For Sale

Starter suburban homes and community spirit in Lakewood Mutual

Lakewood Mutual — locally called “Mutual” — is a time capsule of old-fashioned suburban living. In contrast to its neighbor to the south, Lakewood Country Club Estates where homes can be double the price and rarely on the market, Mutual’s uniform suburban streets have an inviting selection of starter options. “Mutual is one of the area’s earliest tract developments, and there are still a lot of homes from the 1940s and 1950s,” says Realtor Allison Van Wig, leader of the Van Wig & Associates team with Keller Williams Coastal, a long-time resident of Mutual. The neighborhood’s classic suburban homes reflect its classic community spirit. “Little things like the older homes and hardwood floors give such a warm feeling, and it’s such a warm, friendly community,” says Van Wig. “Neighbors know neighbors, people drive around in their golf carts, waving at each other, they gather for the Fourth of July parade. That’s what people come for.”

Lakewood Mutual is shaded by mature trees of many varieties, many added by homeowners over the years.
Lakewood Mutual is shaded by mature trees of many varieties, many added by homeowners over the years.
Dales Diner, near Lakewood Mutual, offers a 1950's vibe and delicious comfort food.
Dales Diner, near Lakewood Mutual, offers a 1950's vibe and delicious comfort food.
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Rows of 1950s ranch-style homes

The neighborhood has the uniform look of a traditional 1950s suburban development. Ranch-style homes sit side by side with grassy front lawns and fenced backyards. Neighbors are connected to each other by sidewalks along every street, so several schools and parks are walkable. Smaller ranch-style homes can start around $750,000 and range up to $1 million. More spacious ranch-style homes, two-story Spanish Revivals built in recent decades, and new contemporary tract homes can cost $1 million to $1.5 million.

Many homes features wide lawns and private driveways in Lakewood Mutual.
Many homes features wide lawns and private driveways in Lakewood Mutual.
Some homes incorporate Spanish styling and thoughtful landscaping in Lakewood Mutual.
Some homes incorporate Spanish styling and thoughtful landscaping in Lakewood Mutual.
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Three elementary schools in the neighborhood

Mutual is served by the Long Beach Unified School District, which earns an A rating from Niche. Most students have a short walk or drive to their nearest of three elementary schools. Riley Elementary, given a B-plus, is in the heart of the community. A-minus-rated Holmes Elementary might be closer to students on the north side, while A-minus-rated James Madison Elementary is in the neighborhood’s south side. All continue at Hoover Middle, graded a B. They finish at Lakewood High, given a B-plus.

Madison Elementary School in Lakewood offers excellent educational opportunities for its students.
Madison Elementary School in Lakewood offers excellent educational opportunities for its students.
Hoover Middle School has an overall B rating on Niche.
Hoover Middle School has an overall B rating on Niche.
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Fourth of July, Halloween and other annual events

The neighborhood’s friendly spirit is visible during its community events. “Mutual is popular with families, but there are plenty of people that don’t have kids and still love to participate in Halloween and everything else that goes on,” says Van Wig. “The whole community gets involved here.” Block parties, yard sales and annual gatherings, such as the Fourth of July parade and Halloween trick-or-treating, welcome long-time residents and first-time buyers alike.

After lighting the tree, snow falls in Lakewood, kicking off the Holiday Season.
After lighting the tree, snow falls in Lakewood, kicking off the Holiday Season.
You can get a cartoon portrait of the family at the Lakewood Center Fun Fridays Night Market.
You can get a cartoon portrait of the family at the Lakewood Center Fun Fridays Night Market.
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Suburban parks and Lakewood Country Club

There are a couple of recreation spaces within the neighborhood. Bolivar Park is in the center of the neighborhood, next to Riley Elementary. It has ballfields, a playground, lawn space shaded by mature trees and a community pool. Biscailuz Park, on the north side has similar amenities, plus basketball courts. Lakewood Country Club and the Lakewood Tennis Center neighbor the community to the south. The club has one of the oldest public 18-hole courses in the area. The Lakewood Tennis Center is right next door. It has 14 courts and a player development academy.

Lakewood Tennis Center is located next to the Lakewood Country Club golf course, a few minutes from Lakewood Mutual.
Lakewood Tennis Center is located next to the Lakewood Country Club golf course, a few minutes from Lakewood Mutual.
You can play a round or practice your swing at the Lakewood Country Club, which is a short drive from Lakewood Mutual.
You can play a round or practice your swing at the Lakewood Country Club, which is a short drive from Lakewood Mutual.
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Retail and big-box stores at Lakewood Center

Lakewood Center is a large shopping mall across from the neighborhood, on the east side of state Route 19. The core of the complex is an expansive indoor mall with rows of fashion outlets and retailers. There are also larger department stores, like Target and Macy’s, and a Costco for big-box shopping. There are more grocery stores north and south of the neighborhood. The Long Beach Exchange is also south of the neighborhood. This relatively new indoor-outdoor mall has department stores and a Whole Foods. The Exchange’s Hangar Food Hall houses many food and beverage stalls inside a repurposed airplane hangar.

Lakewood Mutual residents head to
The Hangar Food Hall for multiple options for diners.
Lakewood Mutual residents head to The Hangar Food Hall for multiple options for diners.
Round1 Bowling, near Lakewood Mutual, is a popular attraction which offers a fun night of bowling and an extensive arcade.
Round1 Bowling, near Lakewood Mutual, is a popular attraction which offers a fun night of bowling and an extensive arcade.
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Business parks to the north and Lang Beach Airport to the south

The neighborhood is bordered by commercial activity. Business parks to the north, like Davenport Park, have many manufacturing, machining and other warehouse businesses. Lakewood Regional Medical Center sits in the neighborhood’s north end as well. Long Beach Airport is only a mile or two south of most homes, so some noise can be expected. Like most of Southern California, cars are the preferred transportation method here. State Route 19 runs along the neighborhood’s east side, and interstates 405 and 710 are within a few miles. Commuters can take the 710 less than 15 miles south to the Port of Los Angeles, one of the world’s busiest deep-sea shipping terminals. Downtown LA is just over 20 miles north.

Lakewood Mutual is very close to the Long Beach Airport and is a convenient alternative to LAX.
Lakewood Mutual is very close to the Long Beach Airport and is a convenient alternative to LAX.
Lakewood Regional Medical is located at the north end of the Lakewood Mutual neighborhood.
Lakewood Regional Medical is located at the north end of the Lakewood Mutual neighborhood.
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Ed Coombs
Written By
Ed Coombs
Michael Rutt
Photography Contributed By
Michael Rutt

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 Cyrus Mohseni, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Long Beach (Daugherty Field)

6 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Lakewood Mutual US
Homicide 4 4
Sexual Assault 3 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 4 4
Motor Vehicle Theft 5 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Lakewood Mutual Demographics and Home Trends

Housing Trends

Median List Price
$865,000
Median Sale Price
$858,000
Median Single Family Sale Price
$872,500
Median Townhouse Sale Price
$751,000
Median 2 Bedroom Sale Price
$638,250
Median Change From 1st List Price
-1%
Last 12 months Home Sales
104
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$650

Neighborhood Facts

Number of Homes in Neighborhood
4,665
Number of Homes for Sale
11
Median Year Built
1952
Months of Supply
1.30
Average Single Family Home Size Sq Ft
1,368
Significantly below the national average
1,924
Average Townhouse Size Sq Ft
1,776
Average 2 Bedroom Size Sq Ft
1,164
Median Lot Size Sq Ft
5,227

Open Houses

  • Saturday, Sep 6
    1 - 4pm

    5744 Castana Ave, Lakewood, CA 90712

    $865,000

    • 3 Beds
    • 1 Bath
    • 1,041 Sq Ft
    • 5744 Castana Ave
    • New 7 days ago

    Welcome to this beautifully updated three-bedroom, one-bathroom home that combines modern upgrades with generous space. The open and inviting floor plan is bathed in natural light, creating a warm, welcoming ambiance throughout. Enjoy new flooring, a remodeled kitchen featuring white cabinetry, sleek new countertops, and brand-new stainless steel appliances. The home also includes new

    Steve Leitner First Team Real Estate

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  • Saturday, Sep 6
    2 - 4am

    5432 Wrench Ct, Lakewood, CA 90712

    $1,250,000

    • 4 Beds
    • 3 Baths
    • 2,222 Sq Ft
    • 5432 Wrench Ct
    • New 17 days ago

    Welcome to 5432 Wrench Court—an inviting 4-bedroom, 3-bathroom single-family home nestled in one of Lakewood’s most desirable neighborhoods. Step inside to soaring ceilings that create a bright and airy atmosphere across the formal living and dining rooms. The open floor plan offers seamless flow and abundant natural light, perfect for both everyday living and entertaining. Enjoy a spacious

    Regina Chen Real Broker

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  • Saturday, Sep 6
    1 - 4pm

    4340 Pixie Ave, Lakewood, CA 90712

    $1,249,000

    • 5 Beds
    • 3 Baths
    • 2,459 Sq Ft
    • 4340 Pixie Ave
    • New 28 days ago

    Nestled on a peaceful, tree-lined street, this beautifully updated 5-bedroom, 3-bath home offers comfort, style, and space in the sought-after Lakewood Mutuals neighborhood. Step inside to find new modern flooring, fresh interior and exterior paint, smooth ceilings, and custom wood shutters that add timeless charm. The open layout features a welcoming living room, a large dining area, and a

    Tim Majka Keller Williams Coastal Prop.

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

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

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
16,672
Median Age
41
Population under 18
22.2%
On par with the national average
23.8%
Population over 65
18.5%
On par with the national average
19.1%

Finances

Median Household Income
$107,617
Significantly above the national average
$71,702
Average Household Income
$119,849

Education and Workforce

High School Graduates
92%
On par with the national average
89.1%
College Graduates
34.2%
Advanced Degrees
10.6%
% Population in Labor Force
68.1%
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®

66 / 100

Somewhat Walkable

Walk Score®

61 / 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 Mutual
Cyrus Mohseni
The Keystone Team
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