Post-War Planned Community

Apartments in Lakewood, CA

Welcome to Lakewood, the Los Angeles County suburb that grew from a single post-war master-planned community into one of the region's classic mid-century neighborhoods.

Lakewood sits in southeastern Los Angeles County, roughly 21 miles south of downtown Los Angeles and a short drive from Long Beach and the Orange County line. The city is one of the defining products of Southern California's post–World War II housing boom. Developed almost entirely as a single master-planned community on former lima-bean farmland, it grew with such speed and scale that it earned the nickname "Instant City," with thousands of homes raised in the early 1950s to house a new generation of buyers. The same era produced Lakewood Center, an automobile-oriented shopping center that opened in 1952 and remains one of the largest retail centers in the United States by gross leasable area. Today Lakewood reads as a mature, largely residential suburb. Its streets are lined with the mid-century ranch and tract homes built during the 1950s, many carefully updated over the decades and shaded by the mature trees that have grown up alongside the city. More than twenty parks and recreation areas are distributed through the neighborhoods, anchoring block after block of quiet, walkable residential streets. The city is closely connected to neighboring Long Beach, Cerritos, and north Orange County for jobs, shopping, and entertainment. Lakewood's appeal rests on stability and convenience. Households value the classic suburban lot sizes, the well-maintained park system, and freeway access that puts downtown Los Angeles, the Long Beach waterfront, and Orange County employment centers within reach. The local school system, anchored by the Long Beach Unified School District, and the enduring presence of Lakewood Center at the city's commercial core keep Lakewood a practical, established choice for families and commuters in the greater Long Beach area.

Gary Elminoufi
Gary Elminoufi Beach City Brokers

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Listings 147
Population 80,000
County Los Angeles

MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 15
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $894,000 +1.6%
square_foot Price per Sq Ft $669
schedule Avg Days on Market 25
sell Homes Sold 92
percent Sale-to-List Ratio 101.0%
inventory_2 Months of Inventory 3.5

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

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