7019 Lanto St Commerce, CA 90040
Property details
About 7019 Lanto St
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!
Highlights
Summary
- Private Pool: No
- List Price: $1,200,000
- Annual Tax Amount: $7,308
- Tax Year: 2024
- Directions: From I-5 south,Take the Slauson Ave Exit toward Montebello, Continue onto E Gage Ave, Turn right on Lanto St. Subject will be on the right hand ..
- Year Built: 1927
- Stories: 1
- Lot Size: 0.4789 Acres
- MLS Number: DW25168718
- MLS Name: CRMLS
- Office Name: Millennium Empire Realty
- Office Phone: (562) 382-4157
- Listing Agent: Johanna Marks
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/29/2025, 6:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 02, 2012 | Home Sold | $350,000 |
| Oct 12, 2006 | Home Sold | $825,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $513,083 | $7,308 |
| 2023 | $503,024 | $7,316 |
| 2022 | $493,162 | $7,081 |
| 2021 | $483,493 | $6,844 |
| 2020 | $478,536 | $6,601 |
| 2019 | $469,154 | $6,513 |
| 2018 | $459,956 | $6,373 |
| 2017 | $450,938 | $6,373 |
History based on county public records data.
Nearby schools
3
Suva Elementary School
Public District KG-5
0.7 mi
•6740 Suva St
7
Price Elementary
Public District KG-5
1.0 mi
•9525 Tweedy Ln
4
Cesar E. Chavez Elementary School
Public District KG-5
1.3 mi
•6139 Loveland St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,535. Typical income of Commerce, CA residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
Frequently asked questions
About 7019 Lanto St
The listing price of 7019 Lanto St property is $1,200,000.
The property 7019 Lanto St is a multi located in Commerce, California, 90040.
Active Listing: 7019 Lanto St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7019 Lanto St are: Suva Elementary School (GreatSchools Rating 3/10), Price Elementary (GreatSchools Rating 7/10), Cesar E. Chavez Elementary School (GreatSchools Rating 4/10), Suva Intermediate (GreatSchools Rating 5/10), Griffiths Middle School (GreatSchools Rating 7/10), Bell Gardens Intermediate (GreatSchools Rating 6/10), Ellen Ochoa Preparatory Academy (GreatSchools Rating 2/10), Bell Gardens High School (GreatSchools Rating 3/10), Vail High (Continuation) (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $7,308 (source: MLS/based on county public records data).
The last sale was on November 2, 2012 for $350,000 (source: MLS/tax record).
The year of construction for 7019 Lanto St is 1927.
This home is located at 7019 Lanto St in Commerce, CA and zip code 90040 in the The Southeast neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 28, 2025 and is currently priced at $1,200,000.