- 10
- beds
- Status:
- SOLD
- MLS #:
- RS26151216
- County:
- Los Angeles
- Listed By:
- Mark Perez - Circle Real Estate
- Agent Phone:
- (562) 754-0660
- Agent Email:
- mark@socalpropertiesteams.com
Sponsoring Broker: Sam Guillen, Berkshire Hathaway HomeServices California Properties
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.
-
- Bedrooms
- 10
-
- Stories
- 2.0
-
- County
- Los Angeles
-
- City
- Compton
-
- Zip Code
- 90220
-
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Estimated Value
$911,143
$728,914 - $1,093,371
Source: Constellation Data Labs
Price History
| 09/06/2026 | Listed | $3,100 |
| Source: San Diego MLS #OC26196034 | ||
| 09/06/2026 | Listed | $2,500 |
| Source: San Diego MLS #OC26196040 | ||
| 09/01/2026 | Sold | $1,300,000 |
| Source: San Diego MLS #RS26151216 | ||
| 07/09/2026 | Listed | $1,128,000 |
| Source: San Diego MLS #RS26151216 | ||
Source: MLS Data
Deed History
| 08/22/2011 | Grant Deed | $0 |
| 09/16/2005 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 03/31/2004 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 03/31/2004 | Grant Deed | $385,000 |
| 01/14/2004 | Grant Deed | $360,000 |
| 11/20/2002 | Grant Deed | $0 |
| 07/31/2002 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 07/15/2002 | Grant Deed | $290,000 |
| 03/02/2000 | Grant Deed | $195,500 |
| 11/30/1998 | Grant Deed | $0 |
| 11/30/1998 | Trustee’s Deed (Certificate of Title) | $234,638 |
| 02/06/1998 | Grant Deed | $500 |
| 02/05/1998 | Grant Deed | $500 |
| 10/25/1996 | Grant Deed | $223,000 |
| 07/12/1996 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 07/12/1996 | Grant Deed | $0 |
| 07/12/1996 | Grant Deed | $112,000 |
| 07/06/1994 | Trustee’s Deed (Certificate of Title) | $175,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 03/31/2004 | Unknown | $230,000 |
| 01/14/2004 | Unknown | $0 |
| 07/15/2002 | $261,000 | |
| 03/02/2000 | $146,360 | |
| 10/25/1996 | FHA | $215,550 |
| 07/12/1996 | $126,000 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 1024 W Reeve?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1024 W Reeve.
They know residential incomes in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 1024 W Reeve?
Click Ask a Question to talk with our team. You already know it is a 10 bed, N/A bath, listed for $1,128,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Compton, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 1024 W Reeve?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1024 W Reeve at around $6,419. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 1024 W Reeve?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Los Angeles County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 1024 W Reeve?
In most cases, yes. Whether 1024 W Reeve is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Compton's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 1024 W Reeve?
We can handle that for you. Our preferred local agent specializes in residential incomes in Compton and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
1024 W Reeve was listed on July 09, 2026, which means it's been on the market for 127 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
Is 1024 W Reeve still available for sale?
Source: ez Home Search, MLS Data
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS.
Last Updated: November 13, 2026 at 06:11PM | Source: San Diego MLS | MLS#: RS26151216
