Lakewood, CA
Commercial Real Estate Market Trends & Data

$791 Avg asking sale price
$2,668 Avg asking lease rate
12,943 SF Avg unit lease size
20,308 SF Avg building size for sale
5.07% Average cap rate

Lakewood's Demographic Profile

Lakewood has 25,345 households and a median income of $106,463, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 77,323
# Households 25,345
Median age 41
Median household income $106,463
Avg household size 3.0
Renter-occupied housing units 7,452
5-year population change -4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lakewood, CA

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Lakewood $718 41,921 SF 6.93%
Cerritos $571 62,794 SF 3.19%
Bellflower $825 11,289 SF 6.93%
Nearby Retail Markets Avg Cost/SF Typical Size
Lakewood $1,114 13,962 SF
Artesia $650 5,000 SF
Hawaiian Gardens $430 6,950 SF
Cerritos $1,216 5,619 SF
Bellflower $2,238 5,420 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Lakewood $398 14,021 SF 6.40%
Cerritos $421 14,233 SF 5.81%
Bellflower $371 17,537 SF 6.40%
Signal Hill $412 17,839 SF 7.33%
Long Beach $435 11,346 SF 9.00%

Commercial Properties For Sale in Lakewood

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

4332 Andy St

Lakewood, CA 90712

  • 2,400 SF Multifamily
  • 5.31% Cap Rate
  • $1,485,000
For Sale

Union Plaza

Paramount, CA 90723

  • 59,695 SF Multifamily
  • 6.40% Cap Rate
  • $18,700,000
For Sale

18120 Studebaker Rd

Cerritos, CA 90703

  • 1,354 SF Retail Building
  • 3.19% Cap Rate
  • $3,200,000
For Sale

Ramona Park Apartments

Bellflower, CA 90706

  • 11,426 SF Multifamily
  • 5.81% Cap Rate
  • $3,750,000
For Sale

The Park Apartments in Downtown Bellflower

Bellflower, CA 90706

  • 14,740 SF Multifamily
  • 6.00% Cap Rate
  • $4,198,000
For Sale

9339-9341 Ramona St

Bellflower, CA 90706

  • 14,005 SF Multifamily
  • 4.00% Cap Rate
  • $4,199,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Lakewood pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Lakewood $791 20,308 SF
Artesia $898 5,061 SF
Hawaiian Gardens $622 4,977 SF
Cerritos $835 38,629 SF
Bellflower $1,108 12,698 SF

Regional Demographic Comparison

This comparison places Lakewood alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Lakewood or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lakewood 77,323 25,345 41 $106,463 3 7,452 -4%
Artesia 15,421 4,288 42 $85,703 3 2,053 -4%
Hawaiian Gardens 13,124 3,447 35 $67,545 4 2,002 -4%
Cerritos 46,112 14,758 47 $120,148 3 3,488 -4%
Bellflower 76,352 23,596 37 $72,132 3 14,527 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lakewood, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Lakewood

View All Commercial Real Estate For Sale in Lakewood
Is Lakewood a good market for a first-time commercial real estate investor?

Lakewood offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Lakewood?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lakewood. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Lakewood?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lakewood. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Lakewood compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lakewood. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Lakewood acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lakewood, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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