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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.
| DAYS ON MARKET | 94 | LAST UPDATED | 1/27/2026 |
|---|---|---|---|
| YEAR BUILT | 1953 | COMMUNITY | T4 - South Gate E of 710 |
| GARAGE SPACES | 6.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Jan 27, '26 | $1,120,000 |
|---|---|
| Jan 27, '26 - Today | $1,100,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | T4 - South Gate E of 710 |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 3890 sq ft |
| LOT DIMENSIONS | 3890 |
| PARKING | Attached Carport |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | See Remarks |
| WATER | See Remarks |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/16/26 9:18 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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