Commercial Real Estate Market in Lakewood, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
31 active listings and 533 off-market properties in Lakewood, CA. Commercial property asks $363/SF to buy and $22.50/SF/Yr to lease.
Market Trends
Lakewood, CA spans 17.7 square miles in Los Angeles County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Lakewood, CA asks $305/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Lakewood, CA asks $510/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Lakewood, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Lakewood, CA asks $330/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 71.8%
- Agricultural 17.4%
- Residential 5.6%
- Industrial 3.7%
- Planned_development 1.5%
Largest Zones share of zoned land by district
Single Family Residential
Open Space Land
General Commercial
Multiple Family Residential
Heavy Manufacturing
Lakewood, CA zones 4,757 acres across 15 districts. Commercial zoning covers 71.8% of zoned land, residential 5.6% and industrial 3.7%. The largest single district is Single Family Residential at 60.6%. For commercial buyers the practical constraint is that only 75.6% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
R-1, R-A, and M-F-R zones, except: A. Motor vehicles of the passenger automobile variety, provided that the same are parked, stored or maintained in an access driveway designed and intended to be used to provide ingress and egress from a public or private right-of-way to the required automobile parking space, and where the same at all times are licensed for…
Market overview
Demographics & Economy
Lakewood, CA has 191,534 residents in 59,263 households. Density runs 10,810 people per square mile. Median household income here is $89,718 and median gross rent $1,988 a month.
191,534
Population
59,263
Households
3.2
Avg Household Size
36
Median Age
24%
College-Educated
80%
High-School Grad
17.7 sq mi
ZIP Area
10,810
Density / Sq Mi
$89,718
Median Household Income
$43,933
Median Earnings
$1,988
Median Rent
$657,073
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Paramount | $363 (county avg) | $21.33 |
| Bellflower | $363 (county avg) | — |
| Compton | $363 (county avg) | — |
Commercial property in Lakewood, CA asks $363/SF. The 3 bordering markets run from $363/SF in Paramount to $363/SF in Paramount, and the city sits in line with their $363/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lakewood?
Commercial property in Lakewood, CA asks an average of $363 per square foot. The 6 most recent recorded sales traded at a median of $245/SF, so asking sits 48% above the achieved median. Retail carries the highest asking price at $510/SF.
How much does it cost to lease commercial space in Lakewood?
Asking lease rates in Lakewood, CA average $22.50 per square foot per year.
How does Lakewood compare to nearby markets on price?
Lakewood, CA asks $363/SF against $363/SF in Paramount, $363/SF in Bellflower and $363/SF in Compton.
What zoning applies to commercial property in Lakewood?
Lakewood, CA zones 4,757 acres across 15 districts, of which 71.8% is commercial and 3.7% industrial. The largest single district is Single Family Residential at 60.6% of zoned land. R-1, R-A, and M-F-R zones, except: A. Motor vehicles of the passenger automobile variety, provided that the same are parked, stored or maintained in an access driveway designed and intended to be used to provide ingress and egress from a public or private right-of-way to the required automobile parking space, and where the same at all times are licensed for… Residential zoning covers 5.6% and open space 0%.
Where does Realmo's Lakewood market data come from?
Realmo compiles Lakewood, CA figures from 6 recent recorded sales, 13 active sale listings, 18 active lease listings, 533 tracked off-market properties, the current Lakewood zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 18 active for-lease listings in Lakewood, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,757 zoned acres across 15 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
