10240 Atlantic Ave, South Gate, California 90280, South Gate, 90280 - 0 bed, 0 bath
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South Gate, California 90280
Analysis of 10240 Atlantic Ave, South Gate, California 90280 is currently available with a list price of $1,000,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the South Gate Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1953, this mixed-use property shows its age. While one residential unit features newer stainless steel appliances, recessed lighting, and mini-split AC, its kitchen cabinets are a dated style, and the bathroom is basic. The second residential unit has older white appliances, basic white cabinets, and a dated bathroom. The commercial space is functional but not modern. The property appears maintained but would benefit from significant updates to meet current standards, aligning with the 'Fair' category.
This property offers a rare and highly versatile mixed-use configuration, ideal for investors, business owners, or live-work buyers seeking diverse income streams and operational flexibility.
The property provides immediate cash flow from an occupied 1-bedroom unit, combined with the strategic advantage of vacant delivery for the street-front commercial storefront and a 2-bedroom residential unit, offering immediate owner-occupancy or market-rate leasing potential.
The commercial storefront boasts high visibility and strong street exposure on busy Atlantic Avenue, providing excellent signage potential and foot traffic for any retail, office, or service business.
Built in 1953, the property's age suggests potential for outdated systems or infrastructure, which may require significant capital expenditure for modernization or major repairs to meet current standards and maximize value.
The description lacks specific details regarding recent renovations or the current condition of the vacant units, implying a buyer may need to budget for unknown repair or upgrade costs to optimize the spaces.
While the rear residential unit is positioned for privacy, its location on a property fronting a 'busy Atlantic Avenue' could still expose residential occupants to noise and traffic, potentially impacting tenant appeal or owner-occupant comfort.
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.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.4 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1953 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 18, 2026
$1,000,000
$1,100,000
-9% Price Drop
Initial Listing
Jan 28, 2026
$1,100,000
$1,120,000
-2% Price Drop
Initial Listing
Dec 19, 2025
$1,120,000
Initial Listing
Dec 8, 2011
$700,000
Public Record