$1,598,000
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0.26 Acres Lot
SOLD DATE : 05/26/2023
Key Details
Sold Price $1,598,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR23059230
Sold Date 05/26/23
HOA Y/N No
Year Built 1963
Lot Size 0.263 Acres
Property Description
A great investment opportunity for investor to own a well maintained 6 units multi-family property, located in the most desirable residential area in the city of Commerce. This pride of ownership apartment is composed of a 2-story building (6732 Lanto) & 3 one-story individual cottages (6726-6730 Lanto) & a big storage building approx. 300 sqft sitting on a large lot of 11,438 sqft. The building of 6732 Lanto St built in 1963 consists of 3 identical 2/1 units each 750 sqft; 6730 Lanto St-1947 built 2/1.75, 639 sqft; 6728 Lanto St-1949 built 1/1+den, 587 sqft; 6726 Lanto St-1950 built 2/1, approx 738 sqft. Most units have been updated. All units have individual laundry hookups & upgrade windows. Covered carport & extra open parking spaces. Rent upside potential. Mins to Citadel Outlets/Rosewood Park/Commerce Public Library. Easy access to Fwy 5, 710, 60, 605.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Zoning CMR3*
Interior
Fireplace No
Laundry Inside, In Carport, Outside
Exterior
Carport Spaces 7
Pool None
Community Features Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6357005001
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Jose Leon • Pak Home Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States