Lakewood, CA
Commercial Real Estate Market Trends & Data

$831 Avg asking sale price
$25 Avg asking lease rate
12,794 SF Avg unit lease size
20,372 SF Avg building size for sale
5.08% 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 Office Markets Avg Cost/SF Typical Size Cap Max
Artesia $674 7,643 SF 5.00%
Cerritos $506 16,144 SF 5.00%
Bellflower $863 5,238 SF 6.10%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Lakewood $655 35,467 SF 6.93%
Cerritos $585 65,659 SF 3.19%
Bellflower $825 11,289 SF 6.93%
Nearby Retail Markets Avg Cost/SF Typical Size
Lakewood $1,132 13,569 SF
Artesia $585 4,030 SF
Hawaiian Gardens $430 6,950 SF
Cerritos $1,147 5,363 SF
Bellflower $2,418 5,148 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Lakewood $404 14,456 SF 6.40%
Cerritos $421 14,233 SF 5.81%
Bellflower $375 17,875 SF 6.40%
Signal Hill $424 14,755 SF 6.09%

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

5505 Cherry Ave

Long Beach, CA 90805

  • 9,250 SF Multifamily
  • 5.17% Cap Rate
  • $3,000,000
For Sale

3090 E Airport Way

Long Beach, CA 90806

  • 29,799 SF Industrial Building
  • $8,500,000
For Sale

4332 Andy St

Lakewood, CA 90712

  • 2,400 SF Multifamily
  • 5.47% Cap Rate
  • $1,450,000
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

Average Price For Sale

↻ Updated Monthly

Average Size 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 $831 20,372 SF
Artesia $905 7,865 SF
Hawaiian Gardens $699 5,067 SF
Cerritos $881 38,883 SF
Bellflower $1,161 12,738 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.

Nearby Market Trends