Lakewood Village (29) Homes under $2 million

Welcome to Lakewood Village, a hidden gem nestled in the heart of Long Beach, California! This charming neighborhood, located in Los Angeles County, offers a delightful blend of suburban tranquility and urban convenience. Known for its tree-lined streets and friendly community atmosphere, Lakewood Village is the perfect place to call home.

One of the standout features of this area is its diverse selection of homes, many of which are available for under $2 million. Whether you’re a first-time buyer, a growing family, or looking to downsize, Lakewood Village has something to suit every lifestyle. From quaint single-family residences to modern townhomes, the real estate options here reflect a variety of architectural styles and sizes, ensuring that you can find the perfect fit for your needs.

Living in Lakewood Village means enjoying easy access to a wealth of amenities. Residents appreciate the proximity to parks, schools, and shopping centers, making everyday errands a breeze. The vibrant Long Beach community is just a stone's throw away, offering a plethora of dining, entertainment, and recreational opportunities, including beautiful beaches and scenic waterfronts.

With its inviting atmosphere and affordable housing options, Lakewood Village is an ideal destination for those seeking a balance of comfort and convenience. Explore the possibilities of life in this delightful neighborhood, where your dream home awaits! Come and experience the charm of Lakewood Village, where community spirit thrives and the perfect home is just around the corner.

Newest Lakewood Village (29) Homes under $2 million

$1,375,000

4 Beds ⋅ 3 Baths ⋅ PW26202524 MLS ⋅ Active Status

Beautifully reimagined inside and out, this 4-bedroom, 3-bath pool home offers approximately 2,100 sq. ft. of thoughtfully designed living space on a generous 7,688 sq. ft. lot. Extensive improvements throughout blend timeless character with elevated modern finishes, creating a home that feels both custom and inviting. The interior features engineered hardwood flooring, smooth-finished walls and ceilings, custom baseboards and millwork, plantation shutters, designer lighting and ceiling fans, and striking architectural details including shiplap ceilings, exposed beams, feature walls and a beautifully remodeled fireplace with brick accents. At the heart of the home is an impressive remodeled kitchen featuring high-end Wolf appliances, including the range and wall oven, along with an expansive island and custom finishes. All three bathrooms have been remodeled, while additional improvements include a redesigned laundry room with beadboard ceiling, crown molding, tile flooring and pocket door; a custom painted Dutch entry door; tankless water heater; updated air conditioning and ducting; surround-sound speakers; updated interior and exterior doors; and significant electrical improvements including the main panel and garage subpanel. The attention to detail continues outdoors. The front exterior was extensively redesigned with siding, brick accents, an updated porch, artificial turf, landscaping, pavers, lighting and a widened concrete driveway. The private backyard is designed for Southern California living with a sparkling swimming pool, artificial turf, stacked-stone planter wall, olive tree and landscaping, exterior lighting, electrical outlets, privacy fencing and plumbing in place for a future outdoor island. A solar heating system on the garage roof adds to the pool amenities. From the custom architectural details to the extensive interior, exterior and mechanical improvements, this is a home where thoughtful upgrades can be found at nearly every turn. A rare opportunity to enjoy a beautifully updated Long Beach pool home with generous indoor and outdoor living spaces, ready for its next chapter.

4741 Faculty, Long Beach

$574,990

2 Beds ⋅ 2 Baths ⋅ PW26197174 MLS ⋅ Active Status

Lakewood Village Prime! Walk to Bancroft Middle, Mark Twain Elementary, and Pan American Park, just minutes to Lakewood High, Long Beach City College, Long Beach Airport, Lakewood Mall, grocery stores, and a full array of local eateries—this home's built around the life you're already living. Step through coveted Village Grove's gate and feel the calm settle in. This contemporary split level townhome greets you with a securely fenced courtyard, paved in red brick and built-in planters—setting a private and peaceful tone leading to the inviting double-door entry. Inside, sunlight spills across the living room, where soaring ceiling with skylights, a granite hearth fireplace and soft carpeting invite you to curl up and stay awhile. Large sliding doors open the space to the courtyard beyond, blurring the line between indoors and out, while the room rises gracefully to the elevated kitchen level above—creating an ideal open & airy floor plan for any occasion. The gallery kitchen delights with abundant cabinetry, a charming garden window to brighten your morning routine, pristine white appliances, and generous tile counters stretching into an island that flows into a versatile space perfect for dining or family gatherings. A well-kept guest bathroom sits just off the kitchen, and rich, water-resistant vinyl flooring carries you effortlessly from kitchen to 1/2 bath & the garage stairs. Take the hardwood stairs to the bedroom level, where the first bedroom unfolds as an open loft, bright and full of possibilities, with its own sink and closet space. The primary bedroom feels like a true escape: Natural light through wood-blinded window, an oversized closet with built-in organizer, mirrored doors, and direct access to a spotless full size bathroom. Plush carpeting warms both bedrooms underfoot. The main bathroom offers everyday indulgence, with dual entries, dual vanity sinks atop a spacious counter, a separate walk-in shower, and a full soaking tub to melt the day away. Downstairs from living room, a spacious, immaculate 2-car garage awaits, complete with overhead storage racks, laundry hookups, and a side door to the outdoors. Beyond your private gate, Village Grove unfolds into a resort-like retreat: Cascading waterfalls, peaceful fish and lotus ponds, lush walking paths, a privately fenced pool, spa, sauna, and a clubhouse, ready for entertaining—water and trash included. This is the place where your story unfolds. Home Sweet Home—Must-see, Must-have.

5465 E Centralia, Long Beach

$1,195,000

3 Beds ⋅ 2 Baths ⋅ PW26197007 MLS ⋅ Active Under Contract Status

Rarely does an opportunity like this come available in desirable Lakewood Village. Situated on an exceptional 11,674-square-foot lot, this property offers an incredible combination of location, land and potential. The existing home is approximately 1,672 square feet with three bedrooms and two bathrooms and is a major fixer in need of extensive renovation, making this an ideal opportunity for a buyer with vision.? The home retains some of its original character, including hardwood flooring, a traditional fireplace, vintage tile details and a spacious family room with a dramatic stone fireplace. But the real standout is outside. Nearly half of this oversized lot remains open, creating an incredible amount of usable space rarely found in the neighborhood. The expansive rear yard features mature trees, large grassy areas, extensive parking and room for RV parking in the back.? Renovate the existing home and create your own private estate, expand the residence, add outdoor entertaining areas, a pool, gardens or explore the potential for an ADU or additional improvements—the possibilities are exceptional. Buyer to independently investigate all development, zoning, ADU and building possibilities with the City of Long Beach.For the buyer who has been waiting for a property where the land, location and potential truly set it apart, this is one you will want to see. Bring your contractor, your architect and your imagination—11,674 square feet of land in Lakewood Village offers an opportunity that is increasingly hard to find.

4235 Pepperwood, Long Beach

$1,974,900

7 Beds ⋅ 6 Baths ⋅ OC26196316 MLS ⋅ Active Status

Seller credit offered towards rate buy down or closing costs! APPRAISED AT at 2.2m. Instant equity for the buyer. 4529 Pepperwood Ave is a truly exceptional residence set in the highly desirable Lakewood Village, masterfully remodeled to deliver scale, style, and unmatched flexibility. Spanning 3,223 square feet, the main home offers 6 bedrooms and 5 bathrooms, including three private primary suites—an incredibly rare layout ideal for multigenerational living, extended guests, or maximizing comfort and privacy throughout the home. Designed with a sophisticated modern warmth, the interiors showcase beautiful white oak finishes, striking baths, expansive open living spaces, and a stunning kitchen that flows seamlessly into the dining area, creating an effortless setting for both daily living and elevated entertaining. Every detail has been thoughtfully and carefully curated to create a home that feels both refined and functional. Adding even more value is the brand-new detached ADU of 474 square feet with its own separate entrance, complete with 1 bedroom, 1 bathroom, and a beautifully appointed white oak kitchen. The perfect set up for guests, rental income, or independant living quarters. This added space gives the property remarkable versatility and value. From the stunning curb appeal to the high-end interior transformation, this is a turnkey property that delivers both beauty and function in one of Long Beach’s most desirable residential settings.

4529 Pepperwood Avenue, Long Beach

$1,675,000

5 Beds ⋅ 4 Baths ⋅ CV26141167 MLS ⋅ Active Status

Spacious 5-bedroom, 4-bathroom home in the highly desirable Lakewood Village neighborhood. Offering over 3,200 sq ft of living space, this well-maintained residence features a resort-style backyard with a sparkling pool and spa, detached 2-car garage, and generous indoor and outdoor living areas. Conveniently located near parks, schools, shopping, dining, and major freeways, this home is perfect for comfortable living and entertaining.

4826 Faculty Avenue, Long Beach

$1,560,000

OC26131199 MLS ⋅ Active Status

Excellent investment opportunity in the heart of Long Beach, Lakewood Village! This well-maintained fourplex sits on a very generous 9,954 sq.ft. lot. Featuring three fully renovated units thoughtfully updated with modern finishes designed to attract quality tenants. Interiors showcase newer vinyl laminate flooring, contemporary fixtures, and stylish living spaces that blend comfort with functionality. Each renovated unit includes convenient inside stackable laundry, energy-efficient mini-split heating and cooling systems, and a complete appliance package featuring a gas range, microwave, and refrigerator. The established landscaping provides curb appeal and is supported with an automatic irrigation system that keeps the professionally maintained landscaping in prime condition. The property offers assigned parking for tenants. Separate meters for gas and electric. This is an ideal location with panoramic views. Ideally situated near shopping, dining, entertainment, public transportation, and educational opportunities, residents will appreciate the close proximity to Long Beach City College, Heartwell Park and Golf Course, Long Beach Airport, and more.With significant updates already completed and a desirable location in one of Long Beach's established neighborhoods, this income-producing property presents an exceptional opportunity for investors seeking strong rental appeal and long-term value.

5139 E Carson Street, Long Beach

$1,604,000

4 Beds ⋅ 4 Baths ⋅ PW26069642 MLS ⋅ Active Status

Property is being offered via auction. Prestigious Custom Estate on an Expansive Corner Lot | Dual Address Offering Welcome to a distinguished custom-built executive residence at 4450 Graywood Ave / 4704 E Centralia, where timeless design meets elevated living in one of Long Beach’s most desirable enclaves. Set on a generous 9,366 sq. ft. corner parcel, this remarkable property presents a rare dual-address configuration—offering exceptional flexibility, privacy, and long-term value. Spanning approximately 2,558 sq. ft., the home features 4 bedrooms and 4 bathrooms, thoughtfully curated with refined finishes throughout. Elegant crown molding, plantation shutters, and a sophisticated blend of stone tile and engineered hardwood flooring create a warm yet luxurious ambiance. Designed for both grand entertaining and everyday comfort, the residence showcases multiple living areas, including a sunken family room with a statement fireplace and an additional fireplace anchoring the formal living space. The chef-inspired kitchen seamlessly integrates with the main living areas, while a versatile bonus room offers endless possibilities—from a media lounge to a private executive office. The primary suite is a true retreat, complete with a spa-caliber bath featuring a Jacuzzi soaking tub, full tile surrounds, and expansive walk-in closets designed for both function and indulgence. Outdoors, the expansive backyard is an entertainer’s dream—featuring a covered patio, manicured grounds, and ample space for gatherings, recreation, or potential RV accommodations. The detached two-car garage is complemented by an attached bonus structure, ideal for a gym, studio, or private workspace. This exceptional offering is more than a residence—it is a statement of sophistication, versatility, and enduring luxury.

4704 E Centralia Street, Long Beach

$1,895,000

PW26054894 MLS ⋅ Active Status

Prime Turnkey Investment Opportunity In Long Beach – Remodeled 6-Unit Complex. Exceptional Opportunity To Acquire A Recently Remodeled, Turnkey 6-Unit Multifamily Income Property In The Highly Desirable Thriving Rental Market Of Long Beach. Pride Of Ownership Radiates Throughout This Meticulously Updated Complex, Offering A Virtually Maintenance-Free Asset For Both Seasoned & First-Time Investors Looking For Immediate, Reliable Cash Flow. The Property Features An Optimal Unit Mix Of Six Well-Appointed 1-Bedroom, 1-Bathroom Apartment Homes With Individual Garages & Additional Onsite Parking. Each Unit Has Undergone Comprehensive Interior Renovations To Meet The Demands Of Today’s Premium Renters. Upgrades Include Beautifully Modernized Kitchens, Refreshed Bathrooms With Contemporary Fixtures, Large Walk-In Showers & Custom Tile Work. Each Unit Also Boasts Either Original Hardwood Or LVP Flooring, Fresh Interior Paint, Recessed Lighting, & Upgraded Hardware Throughout. Ideally Situated In Long Beach, This Property Offers Tenants Unparalleled Access To The Best The City Has To Offer. It Is Just Minutes Away From Bouton Lakewood Country Club, Lakewood Village, The Vibrant Dining & Entertainment Scenes Of Downtown Long Beach (DTLB), The Trendy Retro Row, Alamitos Beach, & The Pike Outlets. With Excellent Walkability, Easy Access To Public Transit, Close Proximity To Major Freeways (710, 405), Long Beach Airport & California State University, Long Beach (CSULB), The Location Guarantees A Deep & Consistent Pool Of Highly Qualified Prospective Tenants. Don't Miss Out On This Rare Chance To Add A Stabilized, High-Performing Coastal Asset To Your Real Estate Portfolio.

4336 N Lakewood, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.