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    South Gate Mixed-Use Opportunity Title is generated by Realmo AI

    10240 Atlantic Ave, South Gate, CA 90280

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    Claim this Listing
    For Sale
    $1,000,000

    Commercial/Residential - South Gate, CA

    Property size:
    2,240 SF
    Lot size:
    3,890.00 Acres
    Price / SF:
    $446/SF
    Added:
    Dec 19, 2025
    Days on Market:
    167
    Last Refresh:
    Jun 4 at 4:06 pm

    Property Features for 10240 Atlantic Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking
    6
    Parking features
    Carport
    Exterior features
    Fence, Community Features Included: Sidewalks, 0-1 Unit/Acre
    Fencing
    Fenced
    Standard status
    Active
    APN
    6221003045
    Size
    2,240 SF
    Lot size
    3,890.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1953
    Floors in Building
    1
    Number of units
    3
    Roof type
    See Remarks
    Architectural style
    Other

    We can help!

    Listing Contact
    Jeovanny Gonzalez
    Jeovanny Gonzalez

    Listing agent Jeovanny Gonzalez License #02065525

    Listing office Century 21 Allstars 9155 Telegraph Rd, Pico Rivera, CA

    Listing date Dec 19, 2025

    MLS# DW25276091 Listing URL

    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.

    HighLights

    • Vacant Street‑Front Storefront: Ideal for retail, office, or service business with high visibility on Atlantic Avenue.
    • Vacant 2 Bed / 1 Bath Rear Unit: Perfect for owner occupancy or rental income, offering privacy away from the street.
    • Income‑Producing 1 Bed / 1 Bath Unit: Currently rented for $1,800 per month, providing immediate cash flow.
    • Flexible Mixed‑Use Property: Suitable for owner‑users or investors seeking upside through market‑rate leasing.
    • Prime Location on Atlantic Avenue: Close to schools, shopping, public transportation, and major routes.
    • Delivered Vacant: Key units are delivered vacant at close of escrow

    Overview

    This mixed-use property on Atlantic Avenue in South Gate, California, presents a versatile opportunity for investors, business owners, or those seeking a live-work arrangement. The property features a street-front storefront, ideal for retail, office, or service businesses, offering strong street exposure and signage potential. A spacious 2-bedroom, 1-bath residential unit is located at the rear of the property, providing privacy away from the main street. Additionally, there is an income-producing 1-bedroom, 1-bath unit currently rented for $1,800 per month. The property's flexible configuration is suited for an owner-user looking to operate a business while living on-site and generating rental income, or for investors seeking a property with upside potential through leasing vacant units at market rates. The location on Atlantic Avenue provides close proximity to schools, shopping, public transportation, and major commuter routes, supporting both residential demand and commercial foot traffic. The property size is 2,240 square feet and the lot size is approximately 0.089 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    xtreme motor sports Electronics & Wireless Store Benjamin's Customs Interior Design

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Gate
    County
    Los Angeles
    State
    California
    Longitude
    -118.181662
    Latitude
    33.938072

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with storefront and residential units in South Gate.
    Where is this mixed-use property located?
    The property is located at 10240 Atlantic Ave South Gate, CA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Vacant Street‑Front Storefront: Ideal for retail, office, or service business with high visibility on Atlantic Avenue.; Vacant 2 Bed / 1 Bath Rear Unit: Perfect for owner occupancy or rental income, offering privacy away from the street.; Income‑Producing 1 Bed / 1 Bath Unit: Currently rented for $1,800 per month, providing immediate cash flow.
    (323) 509-7843
    We can help!
    Listing Contact
    Jeovanny Gonzalez
    Jeovanny Gonzalez
    Real Estate License ID: 02065525
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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