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1024 W Reeve, Compton, CA 90220

$1,128,000 Approx. USD 0 beds, 0 baths

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Photo of Anne Fitzgibbon

Marketed By Anne Fitzgibbon REALTOR® - Sales Associate 323-469-9870 m
323-671-1237 o
Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
Phone: 310-777-7800
Fax: 310-858-1295

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Listing Agent

Mark Perez | mark@socalpropertiesteams.com
Lic#: 01279393
Broker: Courtesy of Circle Real Estate
Phone: 562-521-9022

Agent Remarks

Excellent investment opportunity in Compton! 1024 W. Reeve St. is a four-unit residential income property featuring two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units. The property is being delivered 100% vacant and rent-ready, allowing the new owner to immediately lease the units, select their own tenants, and establish new rental income. Based on projected Section 8 rents of $3,098 per month for each 3-bedroom unit and $2,490 per month for each 2-bedroom unit, the property has the potential to generate approximately $11,176 in gross monthly rental income and $134,112 in gross annual rental income. Using estimated operating expenses of 25% of gross rental income ($33,528 annually), the property has a projected Net Operating Income (NOI) of approximately $100,584 per year. Offered at $1,128,000, the property provides an estimated 8.9% capitalization rate based on projected rents and estimated operating expenses of 25%, presenting a compelling opportunity for investors seeking strong income potential and long-term cash flow. Cap rate %8.9 Conveniently located near shopping, schools, public transportation, and major freeways. With all four units delivered vacant and rent-ready, the property offers an investor the opportunity to immediately begin leasing the units and maximizing its income potential.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Pending

MLS# RS26151216

Price: $1,128,000

Beds: 0

Baths: 0

None fireplaces

Built in 1955

0.21 acres

Lot size: 0.2116

County: Los Angeles

Lot description: ZeroToOneUnitAcre

Heating/cooling: None

Heating description: Wall Furnace

MLS area: RP - Compton S of Rosecrans, E of Central,W of Ala

Last Updated: 7/31/2026

Days On Market (DOM): 7

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This listing belongs to the RP - Compton S of Rosecrans, E of Central,W of Ala MLS area

Lat/Long: 33.886728, -118.241871.
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Previous Listing

Photo of Anne Fitzgibbon

Anne Fitzgibbon REALTOR® - Sales Associate 323-469-9870 m
323-671-1237 o
Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net
Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212