1024 W Reeve, Compton, CA 90220

Compton
Local realty services provided by:ERA North Orange County Real Estate
1024 W Reeve,Compton, CA 90220
$1,128,000
  • 10 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: mark perez
Office: circle real estate
MLS#:RS26151216
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,128,000

About this home

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...

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Home facts

  • Listing ID #:RS26151216
  • Added:36 day(s) ago
  • Updated:August 16, 2026 at 08:50 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:4

Finances and disclosures

  • Price:$1,128,000
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