10240 Atlantic Ave South Gate, CA $ 1,120,000
10240 Atlantic Ave
$ 1,120,000
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10240 Atlantic Ave

South Gate, CA, 90280
$ 1,120,000
Baths1.0 Sq 2,240

Monthly Estimate*

$ 6,987

Listed by Century 21 Allstars
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Studio

Multi-Family Home for sale in South Gate, CA

for $1,120,000 with 1 full bath. This 2,240 square foot home was built in 1953 on a lot size of 0.0893.

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.

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Multi-Family Active

Price

$ 1,120,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0893

Year Built

1953

Town/City

South Gate

County/Region

Los Angeles

MLS | Web ID

DW25276091

Days on Market

10

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities See Remarks
Roof See Remarks
HOA Fee 0
Garage Spaces 6
Pool Features None
Year Built 1953
Electric Standard
Tenant Pays Other
Property Subtype Mixed Use
Gross Income 1800
Community Features Sidewalks
County Los Angeles
Net Operating Income 1800
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Contingency 1 BED 1 BATH COLLECTING $1 800/M BUYER ASSUME TENNT 2BED 1 BATH VACANT RETAIL STOREFRONT CAN BE DELIVERED VACANT AT COE
MaintenanceExpense 0
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Atlantic Ave
City South Gate
Entry Location Main
Senior Community Y/N false
Number Of Units Total 3
MLS Area T4 - South Gate E of 710
Lot Size Units Square Feet
Lot Size Square Feet 3890
Carport Y/N true
Listing Terms Cash Cash to Existing Loan Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Current Financing None
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source See Remarks
Tax Lot 00
Property Sub Type Additional Mixed Use
Taxes 0
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Interior
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 3
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Exterior
Fencing See Remarks
Parking Features Attached Carport
Lot Features 0-1 Unit/Acre
Water Source See Remarks
Total Parking 6
Lot Size Area 3890
Number of Buildings 3
Building Area Total 2240
Lot Size Acres 0.0893
Private Pool false
Lot Size Source See Remarks
Pool Charge 0
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Century 21 Allstars

Broker

JeovannyGonzalez27@gmail.com

Email

Affordability Calculator

$6,987
Per Month
100%
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0%
Monthly Principal & Interest
$6,987
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$1,120,000 Listed Price

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10240 Atlantic Ave, South Gate, CA, 90280 is a Multi-Family Home for sale at $1,120,000 with 2,240 sqft and a lot size of 0.0893. 10240 Atlantic Ave is a studio with 1.0 baths and was built in 1953. The property's zip code is 90280 which is in South Gate, CA