10240 Atlantic Ave South Gate, CA 90280
Estimated payment $6,167/month
Highlights
- Detached Guest House
- No Units Above
- Gated Parking
- Legacy High School Complex Rated A-
- Covered RV Parking
- Two Primary Bedrooms
About This Home
RARE TRIPLEX FOR SALE! Don’t miss this unique investment opportunity! Perfectly positioned between high-visibility Atlantic Ave and the quiet charm of Wright Road, this well-maintained mixed-use triplex offers the ideal blend of commercial exposure and residential privacy. With three separately addressed units, individual entrances, and separate utility metering, this property is a smart choice for investors, business owners, or those seeking a live/work lifestyle. The spacious commercial unit fronts Atlantic Ave and is ideal for retail, office, or service businesses. It features prominent street frontage for maximum exposure, dedicated carport/box truck parking, and a newer AC unit. On the residential side, both ADUs face Wright Road, a quiet suburban street: The 2-bed, 2-bath ADU is stylishly updated with dual-pane windows, interior shutters, tankless water heater, newer AC, stainless steel appliances, and a remodeled kitchen. The 1-bed, 1-bath ADU offers an efficient layout with in-unit laundry hookups, dual-pane windows, tankless water heater, updated AC, and access to a shared community courtyard. Each unit has its own mailing address, separately metered utilities, as well as ample private and off-street parking. This versatile property combines strong income potential, a flexible layout, and a location that supports both business visibility and residential appeal. Move-in and business-ready—opportunities like this don’t last!
Listing Agent
WERE REAL ESTATE Brokerage Email: tahha.elsherif@gmail.com License #02046461 Listed on: 07/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,033
Year Built
- Built in 1953
Lot Details
- 3,890 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- No Landscaping
- Rectangular Lot
- Back Yard
- Density is 2-5 Units/Acre
Parking
- 4 Open Parking Spaces
- 3 Car Garage
- 3 Attached Carport Spaces
- Parking Available
- Driveway
- Gated Parking
- Covered RV Parking
Home Design
- Triplex
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 2,240 Sq Ft Home
- 1-Story Property
- Family Room
- Neighborhood Views
Kitchen
- Updated Kitchen
- Gas Oven
- Gas Range
- Microwave
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Double Master Bedroom
- In-Law or Guest Suite
- 4 Full Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Window Bars
- Security Lights
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Cable TV Available
Additional Features
- Patio
- Detached Guest House
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Tax Lot 6436
- Tax Tract Number 536104
- Assessor Parcel Number 6221003045
- $1,140 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,033 | $248,687 | $116,807 | $131,880 |
| 2024 | $4,033 | $243,812 | $114,517 | $129,295 |
| 2023 | $3,969 | $239,032 | $112,272 | $126,760 |
| 2022 | $3,806 | $234,346 | $110,071 | $124,275 |
| 2021 | $3,753 | $229,752 | $107,913 | $121,839 |
| 2019 | $3,643 | $222,939 | $104,713 | $118,226 |
| 2018 | $3,519 | $218,568 | $102,660 | $115,908 |
| 2016 | $3,347 | $210,083 | $98,675 | $111,408 |
| 2015 | $3,292 | $206,928 | $97,193 | $109,735 |
| 2014 | $3,282 | $202,876 | $95,290 | $107,586 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2025 09/15/25 | Price Changed | $1,099,888 | -8.3% | $491 / Sq Ft |
| 07/21/2025 07/21/25 | For Sale | $1,199,888 | -- | $536 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $700,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | Ticor Title | |
| Individual Deed | $450,000 | North American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $359,686 | Commercial | |
| Closed | $298,000 | Commercial | |
| Previous Owner | $292,500 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25163578
APN: 6221-003-045
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Based on information from California Regional Multiple Listing Service, Inc. 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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