1040 W Reeve, Compton, CA 90220

Compton
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1040 W Reeve,Compton, CA 90220
$1,300,000
  • - Beds
  • - Baths
  • 4,008 sq. ft.
  • Multi-family
  • Active
Listed by: andrew youngmark
Office: compass714-406-2880
MLS#:OC26204939
Source:CRMLS

Price summary

  • Price:$1,300,000
  • Price per sq. ft.:$324.35

About this home

Excellent investment opportunity! Property consists of 4 units (2 = 3 beds/1 bath & 2 = 2 beds/1 bath). All units show very well. Units are separately metered and each unit has its own hot water tank. Based on Section 8 payment standards: Rents of $3,098 / month for each 3-bedroom unit and $2,490 / 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 would project Net Operating Income (NOI) of approximately $100,584 / year. JUST BY RENTING OUT THE VACANT UNIT AT THE PRO FORMA RENT, THE CAP RATE WOULD BE 6.6% MAKING THIS A GREAT INVESTMENT PROPERTY! Property is professionally managed and on month-to-month basis providing Buyer flexibility if they chose to either (a) manage themselves, (b) continue with current manager or (c) use their own manger. Current contract requires...

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Home facts

  • Year built:1955
  • Listing ID #:OC26204939
  • Added:1 day(s) ago
  • Updated:September 19, 2026 at 08:35 PM

Rooms and interior

  • Living area:4,008 sq. ft.

Structure and exterior

  • Year built:1955
  • Building area:4,008 sq. ft.
  • Lot area:0.18 Acres
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,300,000
  • Price per sq. ft.:$324.35

Parking

  • Total parking spaces:4
  • Parking description:Driveway, Garage, On Street
  • Garage:Yes
  • Garage spaces:4
Based on information from California Regional Multiple Listing Service, Inc. as of September 19, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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