NOT LISTED FOR SALE

7010 Lanto St Commerce, CA 90040

Estimated Value: $838,000 - $1,116,000

6 Beds
3 Baths
2,371 Sq Ft
$423/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $650,000 $274 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,158/month

16 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Modern Architecture
  • Cooling System Mounted To A Wall/Window
  • City Lights View
  • Private Yard
  • Laundry Room

About This Home

As of November 2017

Beautiful income property in prime area of Commerce. 2 units. Front unit has 3 bedrooms with 1 bath and separate yard. Rear unit includes 3 bedrooms, 2 baths. Nice backyard with lots of fruit trees. Huge driveway with parking for 7 cars. Zoned R-3. Lots of potential!

Last Agent to Sell the Property

Eduardo Sandoval

Excellence RE Real Estate, Inc. License #01209651 Listed on: 10/03/2017

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Jose Monterroza

First Family Homes License #01276551

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,063

Year Built

  • Built in 1939 | Remodeled

Lot Details

  • 9,753 Sq Ft Lot
  • No Common Walls
  • Partially Fenced Property
  • Chain Link Fence
  • Private Yard
  • Front Yard

Home Design

  • Duplex
  • Modern Architecture
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,371 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • City Lights Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • 7 Open Parking Spaces
  • 8 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Shed
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Water Heater
  • Phone Available
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 8 / 55
  • Tax Tract Number 5323
  • Assessor Parcel Number 6357009016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,063

Year Built

Built in 1939 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562-450-7164
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security Lights, Smoke Detector(s)
  • View: Yes
  • Zoning: CMR3*
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6357009016
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Unfurnished
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 274.15
  • Room Type: All Bedrooms Down, Master Bedroom
  • Window Features: Blinds

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s)
  • Exterior Features: Rain Gutters, Satellite Dish, TV Antenna
  • View: City Lights
  • Fence: Yes
  • Fencing: Chain Link, Partial
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Concrete, Uncovered
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Cable Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Walkstreet, Yard
  • Lot Size Sq Ft: 9753.00

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 55
  • Tax Census Tract: 5323.04
  • Tax Lot: 8
  • Tax Tract Number: 5323

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2023
Sold by
Figueroa Carlos E and Figueroa Sindy L
Bought by
Figueroa Carlos E and Figueroa Sindy L
Current Estimated Value
$978,415

Purchase Details

Closed on
Aug 6, 2021
Sold by
Figueroa Carlos E and Figueroa Sindy L
Bought by
Figueroa Carlos E and Figueroa Sindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2020
Sold by
Figueroa Carlos E and Figueroa Sindy L
Bought by
Figueroa Carlos E and Figueroa Sindy L

Purchase Details

Closed on
Aug 1, 2019
Sold by
Figueroa Carlos E and Figueroa Sindly L
Bought by
Figueroa Carlos E and Figueroa Sindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2017
Closed on
Oct 19, 2017
Sold by
Brock Rhonda R and The Wise Family Trust
Bought by
Figueroa Carlos and Figueroa Sindy
Seller's Agent
Eduardo Sandoval
Excellence RE Real Estate, Inc.
Buyer's Agent
Jose Monterroza
First Family Homes
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$635,937
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2016
Sold by
Wise Mary E
Bought by
Wise Mary E and The Wise Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Figueroa Carlos E -- None Listed On Document
Figueroa Carlos E -- First American Title
Figueroa Carlos E -- None Available
Figueroa Carlos E -- First American Title
Figueroa Carlos $650,000 Fidelity National Title Co
Wise Mary E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Figueroa Carlos E $630,000
Previous Owner Figueroa Carlos E $629,000
Previous Owner Figueroa Carlos $635,937
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2017 11/21/17 Sold $650,000 0.0% $274 / Sq Ft
10/03/2017 10/03/17 For Sale $650,000 -- $274 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,063 $739,584 $455,130 $284,454
2024 $9,063 $725,083 $446,206 $278,877
2023 $9,083 $710,866 $437,457 $273,409
2022 $8,765 $696,929 $428,880 $268,049
2021 $8,457 $683,265 $420,471 $262,794
2020 $8,395 $676,260 $416,160 $260,100
2019 $8,126 $663,000 $408,000 $255,000
2018 $8,259 $650,000 $400,000 $250,000
2017 $1,142 $59,296 $18,349 $40,947
2016 $1,089 $58,135 $17,990 $40,145
2015 $1,042 $57,262 $17,720 $39,542
2014 $1,044 $56,141 $17,373 $38,768
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Eduardo Sandoval

    Excellence RE Real Estate, Inc.

    (562) 450-7164

    51 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Jose Monterroza

    First Family Homes

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17228676

California Regional Multiple Listing Service (CRMLS)

APN: 6357-009-016

California Los Angeles County Commerce 90040

7010 Lanto St, Commerce, CA

This home is located at 7010 Lanto St, Commerce, CA 90040 since 03 October 2017 and is currently estimated at $1,001,978, approximately $422 per square foot. This property was built in 1939. 7010 Lanto St is a home located in Los Angeles County with nearby schools including Suva Elementary School, Suva Intermediate School, and Bell Gardens High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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