10240 Atlantic Ave, South Gate, CA 90280 presents a rare and versatile mixed-use opportunity ideal for investors, business owners, or live-work buyers. This property offers the best of both worlds: vacant delivery on key units and immediate income from an occupied unit.
Property Highlights:
• Street-Front Storefront – Delivered Vacant:
Highly visible commercial storefront fronting busy Atlantic Avenue, delivered vacant at close of escrow. Ideal for retail, office, service business, or owner-operator looking to establish or expand a business with strong street exposure and signage potential.
• Rear Residential Unit – 2 Bed / 1 Bath – Delivered Vacant:
Spacious rear 2-bedroom, 1-bath unit also delivered vacant, perfect for owner occupancy, rental at market rates, or extended family living. Quietly positioned away from the main street for added privacy.
• Additional 1 Bed / 1 Bath Unit – Income Producing:
Well-maintained 1-bedroom, 1-bath unit currently rented for $1,800 per month, allowing buyers to start cash flowing immediately from day one.
• Flexible Mixed-Use Configuration:
Ideal for an owner-user who wants to run a business up front, live on site, and still generate rental income—or for investors seeking a property with upside through leasing vacant units at market rents.
• Strong Location:
Situated along Atlantic Avenue in South Gate with close proximity to schools, shopping, public transportation, and major commuter routes, supporting both residential demand and commercial foot traffic.
For sale
Listing Provided by:
Jeovanny Gonzalez DRE #02065525 323-509-7843,
Century 21 Allstars
$1,120,000
10240 Atlantic Ave, South Gate, CA 90280
4beds
3baths
2,240sqft
Est.:
Mixed Use
Built in 1953
-- sqft lot
$1,065,600 Zestimate®
$500/sqft
$-- HOA
What's special
- 1 day |
- 33 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: 20 hours ago
Listing Provided by:
Jeovanny Gonzalez DRE #02065525 323-509-7843,
Century 21 Allstars
Source: CRMLS,MLS#: DW25276091
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached Carport
- Garage spaces: 6
- Has carport: Yes
Features
- Entry location: Main
- Pool features: None
- Fencing: See Remarks
Lot
- Size: 3,890 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6221003045
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Materials
- Roof: See Remarks
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: See Remarks
- Utilities for property: See Remarks
Community & HOA
Community
- Features: Sidewalks
Location
- Region: South Gate
Financial & listing details
- Price per square foot: $500/sqft
- Tax assessed value: $248,687
- Annual tax amount: $4,222
- Date on market: 12/19/2025
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan
- Tenant pays: Other
Estimated market value
$1,065,600
$1.01M - $1.12M
$3,342/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Listed for sale | $1,120,000-6.7%$500/sqft |
Source: | ||
| 7/25/2025 | Listing removed | $1,199,888-6.6%$536/sqft |
Source: | ||
| 6/23/2025 | Listed for sale | $1,284,999$574/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,222 +4.7% | $248,687 +2% |
| 2024 | $4,033 +1.6% | $243,812 +2% |
| 2023 | $3,969 +4.3% | $239,032 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,087/mo
Principal & interest
$5612
Property taxes
$1083
Home insurance
$392
Climate risks
Neighborhood: 90280
Nearby schools
GreatSchools rating
- 6/10Tweedy Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10International Studies Learning Center At Legacy High School ComplexGrades: 6-12Distance: 0.3 mi
- 7/10Science, Technology, Engineering, Arts And Mathematics At Legacy High School ComplexGrades: 9-12Distance: 0.3 mi
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