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  • 1040 W Reeve

1040 W Reeve, Compton, CA 90220

$1,300,000 Approx. USD 0 beds, 0 baths

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Photo of Gregory Scafidi

Gregory Scafidi REALTOR® - Broker Associate 619-808-1314 m
619-808-1314 o
619-398-1885 f
Lic#: 00962216
NRDS ID: 196525270
gregory.scafidi@gmail.com Text Me
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619-398-1885 f
Lic#: 00962216
NRDS ID: 196525270
gregory.scafidi@gmail.com San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
Phone: 619-294-3113
Fax: 619-521-0100
 San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
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Fax: 619-521-0100
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Andrew Youngmark | andy@andyyoungmark.com
Lic#: 01454228
Broker: Courtesy of Compass
Phone: 714-406-2880

Agent Remarks

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!

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# OC26204939
Price: $1,300,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1955
2 stories
0.18 acres
Lot size: 0.1794
County: Los Angeles
Parking description: Driveway,Garage,On Street
Lot description: ZeroToOneUnitAcre
MLS area: RP - Compton S of Rosecrans, E of Central,W of Ala

Last Updated: 9/19/2026

 Days On Market (DOM): 1

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This listing belongs to the RP - Compton S of Rosecrans, E of Central,W of Ala MLS area

Lat/Long: 33.886748, -118.242304.
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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 Gregory Scafidi

Gregory Scafidi REALTOR® - Broker Associate 619-808-1314 m
619-808-1314 o
619-398-1885 f
Lic#: 00962216
NRDS ID: 196525270
gregory.scafidi@gmail.com Text Me
Call My Cell
Call My Office
619-398-1885 f
Lic#: 00962216
NRDS ID: 196525270
gregory.scafidi@gmail.com
San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
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