The median home value in Lakewood, CA is $881,125.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Lakewood, CA is $881,125.
Approximately 69% of Lakewood homes are owned,
compared to 28% rented, while
3% are vacant.
Lakewood real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Lakewood real estate agent to arrange a tour today!
Learn more about Lakewood.
This is a rare chance to acquire a highly improved and income-generating car wash at the signalized intersection of Pioneer Blvd and Centralia Street in Lakewood, CA. Located on a 16,552 SF lot with over 28,000 vehicles passing daily, this property features multiple income streams, significant infrastructure, and a clear, cost-effective path to becoming a high-margin express wash operation. The cornerstone of the opportunity is the express-wash-ready 80-foot tunnel, which can be expanded to 110 feet. The tunnel and supporting systems have undergone nearly $700,000 in upgrades, including: New tunnel system and conveyor, Fully installed POS system, Customer-facing kiosk, License Plate Recognition (LPR) camera system, Reverse osmosis/recycle water system, Post-wash air and vacuum lines, New LED signage, sound system, and security system, Interior and exterior cosmetic enhancements. The property is already equipped with strong infrastructure and operational components, making it fully functional from day one: Convenience Store: Clean, updated interior with new LED lighting and fixtures, Generates additional revenue and enhances customer dwell time. Four Existing Vacuums: Functional and well-located, with ample space to add more vacuums especially if the lube bay is removed. Lube/Oil Change Shop: Currently operating with dual lifts, providing a solid income stream or conversion potential. This space can be repurposed for more vacuums or detailing bays to support an express wash flow-through model. By removing the lube bay and adding more vacuums, the site can maximize its efficiency and throughput, critical for a successful express format. The site is uniquely positioned to capitalize on the express wash trend, which emphasizes: High volume, low-touch operations, Recurring membership revenue, Minimal labor (estimated at just 23 employees once converted), Fast customer turnover and increased margins. With conversion costs estimated at only $250,000 to $500,000, this opportunity presents a strategic advantage over starting from scratch or retrofitting an unprepared facility.
PRICE IMPROVEMENT of $250K. Bloomfield Plaza is a 6,540 SF street retail owner/user or investor opportunity strategically located in the City of Lakewood within the South Bay market. The City of Lakewood is an affluent Los Angeles Submarket that has ideal proximity to both residential and commercial density which ensures the property is busy during all times of the day, every day of the week. With approximately 20 parking stalls the property has a 3:1,000 parking ratio. Bloomfield Plaza is located on the corner of Bloomfield Ave (15,910 vehicles per day) and Centralia St (13,154 VPD) and situated between Del Amo Ave (24,495 vehicles per day) and Lincoln Ave (22,115 VPD) for a total of over 75,000+ VPD). Traditional, linear configuration are conducive to high occupancy, optimal rents and low tenant improvement costs over the term of ownership keeping capital expenditures to a minimum. Bloomfield Plaza will be marketed free and clear of any existing financing, creating anopportunity to place creative financing, including seller financing, tailored to an investor's or owner users desired hold period and risk profile to further enhance returns.
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