Home | Los Angeles County | Compton | 90220 | 1040 W Reeve
MLS: CROC26204939 | Status: Active | Price: $1,300,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,816 | 1955 |
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 30-Day advance notice to terminate. Centrally located to restaurants, shopping, public transportation, freeway, LAX and New $200 million Compton High School featuring the $10 million Andre "Dr. Dre" Young Performing Arts Center. SOFI Stadium is only 10 miles away!
| Field | Value |
|---|---|
| MLS # | CROC26204939 |
| MLS Source | California Regional MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage, Off-Street Parking, Other, Garage: 4 Car(s) |
| HOA Fee | $0 |
Andrew Youngmark
Compass
License #: 01454228
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 4 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 436 W Magnolia St | $1,100,000 | – | – | – | |
| 1111 St N Mulberry | $1,395,000 | – | – | – | Active |
| 1041 W Reeve St | $1,300,000 | – | – | – | Contingent |
| 1043 W 151st St | $1,099,900 | – | – | – | Contingent |
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This listing information is up-to-date as of September 20, 2026. For the most current information, please contact Andrew Youngmark.