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  • 1024 W Reeve

1024 W Reeve, Compton, CA 90220

$1,128,000 Approx. USD 0 beds, 0 baths
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Photo of Aaron Khosh

Aaron Khosh REALTOR® - Sales Associate 949-554-4155 m
949-554-4155 o
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com Text Me
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Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
Phone: 949-644-6200
Fax: 949-640-7429
 Newport Beach 23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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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

 Find more Compton homes and real estate

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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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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Aaron Khosh

Aaron Khosh REALTOR® - Sales Associate 949-554-4155 m
949-554-4155 o
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com
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Newport Beach, CA 92660
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