This corner duplex is a perfect owner-user opportunity, investment portfolio, or an easy-to-own income property for any level of investor. Property has separate gas & electric meters, and a driveway for two compact cars. Currently both units are rented with monthly rent of $4011. Property is sold as is. Commuter friendly with instant access to 710, 5, 10, and 60 freeways. Act now, do not miss out on this opportunity.
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 St) & 3 one-story individual cottages (6726-6730 Lanto St) all sitting on a large lot of 11,438 sqft. The building of 6732 Lanto St consists of 3 identical 2/1 units; 6730 Lanto St consist of 2/1.75; 6728 Lanto St consist of 1/1+den; 6726 Lanto St consist of 2/1. 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. This is a must see!!
Two separate houses on 1 lot. Don't let this opportunity pass you by as not very many duplex properties get listed in the city of Commerce. Front home consists of 1 bedroom and 1 bathroom. Current owner purchased the home with 2 additional spaces that they use as small bedrooms. Detached from this home is there another room that can be used as storage or a den if desired. Back unit is a spacious 2 bedroom 1 bathroom unit that is currently tenant occupied. Both units have their own yard space and there is a detached 2 car garage located at the rear of the gated property.
Commerce is located in California. Commerce, California has a population of 12,998. Commerce is more family-centric than the surrounding county with 32.37% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Commerce, California is $42,734. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Commerce is 34.7 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 47.4 degrees. The average rainfall is approximately 15.8 inches per year, with 0 inches of snow per year.
