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10240 Atlantic Ave, South Gate, CA, 90280

4beds
3baths
2,240sqft
$1,000,000
$446price/sqft
$7,097/moest. monthly cost
$283,880/yrincome needed

About This Home

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.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Construction

Condition

  • Year built: 1953

Materials

  • Roof: See Remarks

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,240
  • Total interior livable area: 2,240 sqft

Property

Details

  • Parcel number: 6221003045
  • Special condition: Standard

Features

  • Entry location: Main
  • Pool features: None
  • Fencing: See Remarks

Lot

  • Lot size: 3,890 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 6
  • Parking features: Attached Carport
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6
  • Carport: Yes