1024 W Reeve, Compton, CA 90220
Local realty services provided by:CENTURY 21 Masters
1024 W Reeve,Compton, CA 90220
$1,128,000
- 10 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
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 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....
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Home facts
- Listing ID #:RS26151216
- Added:13 day(s) ago
- Updated:July 24, 2026 at 06:01 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
Finances and disclosures
- Price:$1,128,000
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