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!
Property Details
Price:
$1,300,000
MLS #:
OC26204939
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
rpcomptonsofrosecranseofcentralwofala
Listed Date:
Sep 22, 2026
Total Sq Ft:
4,008
Lot Size:
7,816 sqft / 0.18 acres (approx)
Year Built:
1955
See this Listing
Schools
Interior
Laundry Features
NO
Levels
U
Exterior
Common Walls
NCW
Community Features
SDW
Garage Spaces
4
Parking Spots
4
Parking Total
4
Financial
Map
Community
- Address1040 W Reeve Compton CA
- CityCompton
- CountyLos Angeles
- Zip Code90220
Market Summary
Current real estate data for Single Family in Compton as of Sep 25, 2026
199
Single Family Listed
93
Avg DOM
482
Avg $ / SqFt
$612,706
Avg List Price
Property Summary
- 1040 W Reeve Compton CA is a Single Family for sale in Compton, CA, 90220. It is listed for $1,300,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1955. The average price per square foot for Single Family listings in Compton is $482. The average listing price for Single Family in Compton is $612,706.
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