Lakewood, CA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Lakewood short-term rental market based on reliable data.

Listings

33 / 83

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$31,932

Middle-Earners Revenue

Occupancy

79%

Middle-Earners Occupancy

Home Value

$882,048

Median Home Sale Price

Top Earners

$54,457

Top-Earners Revenue

Lakewood

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lakewood.

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D

Unfriendly to Investors

Lakewood Regulations

Lakewood has completely prohibited all short-term rental operations as of May 25, 2023, with no legal pathway to operate any STR regardless of property type. The ban includes heavy financial penalties ($1,500-$5,000 per violation) and active enforcement, making STR investment impossible in this jurisdiction.

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About Lakewood

Lakewood is a residential city in southeastern Los Angeles County, California, with a population of approximately 82,000 residents. Often cited as one of the largest and most successful planned communities in the United States, it was developed in the early 1950s and has retained its leafy, suburban character ever since. The city sits about 20 miles south of downtown Los Angeles and roughly five miles inland from the San Pedro Bay coast, giving visitors a quieter, more affordable base within easy reach of the region's marquee destinations. It functions as a convenient gateway to both the South Bay beaches and the attractions of Orange County, while offering a calmer atmosphere than the urban core.

Just a few miles south of Lakewood, Long Beach provides the closest coastal escape. The waterfront city is home to the historic Queen Mary ocean liner, the Aquarium of the Pacific, and a vibrant downtown with restaurants and shops lining the shoreline. The drive from Lakewood to downtown Long Beach typically takes about 15 minutes, making it an easy day trip or evening outing for visitors staying in the area.

A short drive to the west brings guests to the heart of Los Angeles, where major draws such as the museums of Exposition Park, the LA waterfront, and the cultural corridor of downtown await. The trip into central Los Angeles generally takes around 30 minutes, depending on traffic, putting world-class institutions, professional sports venues, and the entertainment districts of Hollywood and Koreatown within a reasonable radius for day trips.

To the southeast, Disneyland Resort in Anaheim is roughly 20 miles away and is one of the most-visited family destinations in the western United States. The drive from Lakewood to the Anaheim resort district typically takes 25 to 35 minutes, depending on the route and time of day, and the city also sits within easy reach of Knott's Berry Farm and other Orange County attractions.

Back in Lakewood itself, the Lakewood Center serves as the city's retail and dining hub, offering a broad mix of shops, restaurants, and entertainment options within a short drive of nearly every neighborhood. The surrounding area also includes the community parks and recreational facilities that give the city its family-friendly reputation, along with access to the regional bike trail network that connects to neighboring communities.

Lakewood appeals to short-term rental investors because it offers a strategic location at the intersection of the South Bay, central Los Angeles, and northern Orange County. Its relatively affordable property values, established suburban infrastructure, and proximity to beaches, theme parks, and downtown attractions make it a practical base for travelers who want to experience Southern California without paying for a beachfront or theme-park-adjacent stay.

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