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About This Home

This 4-bedroom, 3-bathroom residential multi family at 10240 Atlantic Ave in South Gate, CA is listed for $1,000,000 ($446 per sqft). Built in 1953, the home offers 2,240 sqft of living space on a 0.09 acres lot.

Agent Description

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.

Key Features

  • Built in 1953
  • 0.09 acre lot
  • 6 parking spaces

Property Details

1 story
3 full
6 spaces
1953

Monthly Cost Estimate

$5,348/mo

20% down · 6.5% · 30 years

Principal$723
Interest$4,333
Insurance$292

Estimates only. Actual payments may vary.

Location

10240 Atlantic Ave

South Gate, CA 90280

Features & Amenities

Exterior Features

FenceCommunity Features Included: Sidewalks0-1 Unit/Acre

Property Details

Parking

Carport

Heating

Central

Cooling

Central Air

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 10240 Atlantic Ave is listed at $1,000,000 ($446/sqft). The estimated monthly payment is $4,333 based on 20% down at 6.5% interest.

Key features include: Built in 1953, 0.09 acre lot, 6 parking spaces. Exterior Features: Fence, Community Features Included: Sidewalks, 0-1 Unit/Acre.

This property is listed by Jeovanny Gonzalez and can be reached at 3235097843 or JeovannyGonzalez27@gmail.com.

JG

Jeovanny Gonzalez

Agent at Century 21 Allstars

(323) 509-7843

Listed by Century 21 Allstars · View on Broker Site

MLS# DW25276091· Source: listhub· Updated 164 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

10240 Atlantic Ave, South Gate, CA 90280

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