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Sold for $476,000
  • Listing Provided by: EXCELLENCE RE REAL ESTATE
    Bought with: RE/MAX New Dimension
    $476,000

    7003 Lanto St, Commerce, CA 90040

    2beds
    920sqft
    Condominium
    Built in 1986
    -- sqft lot
    $477,800 Zestimate®
    $517/sqft
    $2,709 Estimated rent

    Home value

    $477,800

    $430,000 - $530,000

    $2,709/mo

    Zestimate® history
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    What's special

    Private backyardAttached garageGround-level unitLaundry hookups
    "Honey, Stop the Car!" — Why Rent When You Can Own? Tired of paying rent? Here's your chance to own a charming 2-bedroom, 1-bath condo that feels like a single-family home — the perfect fit for first-time buyers ready to start building equity and create a place of their own. Situated in one of the most desirable neighborhoods, this home places you just minutes from Bell Gardens, Montebello, and Downey, with easy access to freeways, schools, shopping, and dining. Whether you're commuting or enjoying a weekend out, convenience is on your side. This ground-level unit is nestled in a peaceful, single-story complex — no upstairs or downstairs neighbors means quiet living and comfort all day long. You’ll love the private backyard, perfect for relaxing, weekend BBQs, or entertaining family and friends. The attached garage features laundry hookups, giving you the ease of parking and the freedom to skip the laundromat for good! Just steps away, you’ll find the Commerce City Park — a community gem ideal for birthday parties, baseball games, a Head Start preschool, and a full recreation center. It’s also within walking distance to the Veterans Neighborhood Library, making this a great spot for families and book lovers alike. Plus, you're close to Commerce bus lines, offering easy public transportation access throughout the area. And the best part? A super low HOA of just $150/month makes this not just a smart buy, but a smart investment into your future. Don’t miss this rare opportunity to own instead of rent. Let’s make your dream of homeownership a reality.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    GONZALO GOMEZ DRE #01893244 323-313-4208,

    EXCELLENCE RE REAL ESTATE

    Bought with:

    Craig Albin, DRE #01486993

    RE/MAX New Dimension

    Source: CRMLS,MLS#: MB25113084MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Bathtub, Laminate Counters, Tub Shower
    Kitchen
    • Features: Laminate Counters
    Heating
    • See Remarks
    Cooling
    • See Remarks
    Appliances
    • Included: Dishwasher, Gas Range, Refrigerator, Range Hood, Water Heater
    • Laundry: Gas Dryer Hookup, In Garage
    Features
    • High Ceilings, See Remarks, All Bedrooms Down
    • Flooring: Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 920 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Door-Single, Garage, Garage Door Opener, On Site, Paved, Private, One Space, See Remarks
    • Attached garage spaces: 1
    • Uncovered spaces: 1
    Accessibility
    • Accessibility features: No Stairs, Parking, See Remarks
    Features
    • Levels: One
    • Stories: 1
    • Entry location: front entrance
    • Patio & porch: Patio, See Remarks
    • Pool features: None
    • Spa features: None
    • Fencing: Good Condition
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.44 Acres
    • Features: 0-1 Unit/Acre, Yard
    Details
    • Parcel number: 6357012032
    • Zoning: CMR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: See Remarks
    • Utilities for property: See Remarks

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks
    Location
    • Region: Commerce

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $150 monthly
    • Amenities included: Maintenance Front Yard
    • Association name: Lanto senior homeowners association

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Road surface type: Alley Paved

    Price history

    DateEventPrice
    7/25/2025Sold$476,000+4.6%$517/sqft
    Source: CRMLS #MB25113084 Report a problem
    6/25/2025Contingent$455,000$495/sqft
    Source: CRMLS #MB25113084 Report a problem
    6/25/2025Listed for sale$455,000$495/sqft
    Source: CRMLS #MB25113084 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,033 +5.2%$145,329 +2%
    2024$1,932 0%$142,480 +2%
    2023$1,932 +3.6%$139,687 +2%
    2022$1,865 +3.6%$136,949 +2%
    2021$1,800 +0.8%$134,265 +1%
    2020$1,786 $132,889 +2%
    2019$1,786 +3.2%$130,284 +2%
    2018$1,731 $127,730 +2%
    2017$1,731 +2.5%$125,227 +2%
    2016$1,689 +2.7%$122,772 +1.5%
    2015$1,645 +7.1%$120,929 +2%
    2014$1,536 $118,561 +2.5%
    2012-- $115,712 +2%
    2011-- $113,444 +0.8%
    2010-- $112,597 -0.2%
    2009-- $112,866 +2%
    2008-- $110,654 +2%
    2007-- $108,486 +2%
    2006-- $106,359
    2005-- $106,359 +4%
    2004-- $102,231 +1.9%
    2003-- $100,358 +2%
    2002-- $98,391 +4%
    2000-- $94,572

    Find assessor info on the county website

    Neighborhood: 90040

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $477,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $477,800