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Listed by Johanna A Marks • Millennium Empire Realty
$1,200,000
Est. payment /mo
3,457 SqFt
New
7019 Lanto Street Commerce, CA 90040
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,457 sqft
Price per Sqft $347
MLS Listing ID DW-25168718
Year Built 1927
Lot Size 0.479 Acres
Property Sub-Type Quadruplex
Property Description
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!
Location
State CA
County Los Angeles
Zoning CMR3*
Interior
Laundry Washer Hookup
Exterior
Parking Features Gated
Pool None
Community Features Sidewalks
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer