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Sold for $930,000
  • Listing Provided by: Millennium Empire Realty
    Bought with: Synergy Real Estate
    $930,000

    7019 Lanto St, Commerce, CA 90040

    5beds
    4baths
    3,457sqft
    Quadruplex
    Built in 1927
    -- sqft lot
    $936,900 Zestimate®
    $269/sqft
    $3,442 Estimated rent

    Home value

    $936,900

    $853,000 - $1.03M

    $3,442/mo

    Zestimate® history
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    $3,442/mo

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    Rent Zestimate®

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    $5,892/mo

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    $5,892/mo

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    What's special

    Classic california bungalowSpacious lotNew bathroomsNew roofs
    Come see this great investment opportunity! This fourplex boasts three separate homes on a spacious lot with further potential to build additional units. The front home is a classic California bungalow with 2 bedrooms and 1 bath. The back home is currently used as a 2-bedroom, 1-bath residence. This property will make a solid addition to your real estate portfolio and has significant fixer-up potential. Two units have new roofs, and two units have new bathrooms. Just minutes away from the renowned Commerce Casino, offering entertainment options and a vibrant nightlife for residents. Enjoy easy access to shopping centers, including the famous Citadel Outlets, parks, and recreational facilities that enhance the living experience in Commerce. This four-unit property represents a remarkable investment opportunity for investors looking to benefit from the growing rental market in Commerce, CA. With four units, you can expect reliable cash flow and the potential for appreciation in this thriving community. Don’t miss out on this chance to add a valuable asset to your portfolio. Schedule a viewing today and explore the full potential this property has to offer!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Johanna Marks DRE #01838884 562-382-4157,

    Millennium Empire Realty

    Bought with:

    Andy Castaneda, DRE #02212316

    Synergy Real Estate

    Source: CRMLS,MLS#: DW25168718MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Appliances
    • Laundry: Washer Hookup
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,457
    • Total interior livable area: 3,457 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.48 Acres
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 6357011001
    • Zoning: CMR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Commerce

    Other

    Other facts
    • Listing terms: Cash to New Loan,Conventional,FHA,Owner May Carry

    Price history

    DateEventPrice
    2/2/2026Sold$930,000-7%$269/sqft
    Source: CRMLS #DW25168718 Report a problem
    1/3/2026Pending sale$1,000,000$289/sqft
    Source: CRMLS #DW25168718 Report a problem
    12/22/2025Price change$1,000,000-9.1%$289/sqft
    Source: CRMLS #DW25168718 Report a problem
    10/13/2025Price change$1,100,000-8.3%$318/sqft
    Source: CRMLS #DW25168718 Report a problem
    9/22/2025Listed for sale$1,200,000$347/sqft
    Source: CRMLS #DW25168718 Report a problem
    9/5/2025Pending sale$1,200,000$347/sqft
    Source: CRMLS #DW25168718 Report a problem
    7/28/2025Listed for sale$1,200,000+242.9%$347/sqft
    Source: CRMLS #DW25168718 Report a problem
    11/2/2012Sold$350,003-57.6%$101/sqft
    Source: Public Record Report a problem
    10/12/2006Sold$825,000$239/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,650 +4.7%$523,343 +2%
    2024$7,308 -0.1%$513,083 +2%
    2023$7,316 +3.3%$503,024 +2%
    2022$7,082 +3.5%$493,162 +2%
    2021$6,845 +0.7%$483,493 +1%
    2020$6,798 $478,536 +2%
    2019$6,798 +4.4%$469,154 +2%
    2018$6,514 $459,956 +2%
    2017$6,514 +2.2%$450,938 +2%
    2016$6,374 +2.5%$442,097 +1.5%
    2015$6,216 +6.9%$435,457 +2%
    2014$5,813 $426,928 -49.3%
    2009-- $841,500 +2%
    2008-- $825,000 +1609.8%
    2004-- $48,250 +1.9%
    2003-- $47,367 +2%
    2002-- $46,440

    Find assessor info on the county website

    Neighborhood: 90040

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $936,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $936,900