Listed by Mark Perez, Circle Real Estate, (562) 521-9022
1024 W Reeve St
Compton, CA 90220
- 10 Beds
- 4 Baths
- 4,112 sqft
10 Beds
4 Baths
4,112 sqft
Home Highlights
Parking
Garage
Climate Control
Heating only
Price/Sqft
$274
Listed
16 days ago
Local Information
-- mins to
About this House
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.
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.
Home Details for 1024 W Reeve St
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Beds & Baths Number of Bedrooms: 10Number of Bathrooms: 4 |
Appliances & Utilities Laundry: None |
Heating & Cooling Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Gas & Electric Electric: Standard |
Windows, Doors, Floors & Walls Flooring: Laminate, VinylCommon Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Number of Stories: 2Entry Location: FrontAccessibility: NoneFloors: Laminate, Vinyl |
View No ViewView: None |
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Exterior Home Features Roof: ShingleFencing: Wrought IronNo Private Pool |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Open Parking Spaces: 4Has a GarageParking Spaces: 8Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 7Days on Market: 16 |
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Year Built Year Built: 1955 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 6141012051 |
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Price List Price: $1,128,000Price Per Sqft: $274 |
Status Change & Dates Off Market Date: Thu Jul 30 2026 |
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MLS Status: Pending |
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Direction & Address City: Compton |
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Listing Agent Listing ID: RS26151216 |
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Building Area Building Area: 4112 Square Feet |
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Community Features: UrbanNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 9218 sqft |
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Special Conditions: Standard |
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Listing Terms: Submit |
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No Rent Control |
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Mls Number: RS26151216Living Area Range Units: Square FeetAttribution Contact: 562-754-0660Activation Date: Thu Jul 23 2026Common Interest: NoneStart Showing Date: Thu Jul 23 2026Universal Property Id: US-06037-N-6141012051-R-N |
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UrbanSource Internet Entire Listing Display |
Last check for updates: about 13 hours ago
Listing Provided by: Mark Perez DRE #01279393, (562) 754-0660
Circle Real Estate
Originating MLS: California Regional MLS
Source: CRMLS, MLS#RS26151216

Also Listed on CRMLS.
Market trends in Compton
Last updated June 2026
Avg. sale price
$611K
$5.5KMoM
Sale-to-List Price
100.9%
0.4%MoM
Price per sq ft
$507
$3MoM
Available listings
119
24MoM
Price History for 1024 W Reeve St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/31/2026 | $1,128,000 | Pending | CRMLS #RS26151216 |
| 07/23/2026 | $1,128,000 | Listed For Sale | CRMLS #RS26151216 |
| 11/07/2024 | $3,000 | ListingRemoved | Zillow Rentals |
| 10/18/2024 | $3,000 | Listed For Rent | Zillow Rentals |
| 04/14/2024 | ListingRemoved | Zillow Rentals | |
| 03/28/2024 | $2,500 | Listed For Rent | Zillow Rentals |
| 03/31/2004 | $385,000 | Sold | N/A |
| 01/14/2004 | $360,000 | Sold | N/A |
| 07/15/2002 | $290,000 | Sold | N/A |
| 03/02/2000 | $195,500 | Sold | N/A |
| 11/30/1998 | $234,638 | Sold | N/A |
| 02/05/1998 | $500 | Sold | N/A |
| 10/25/1996 | $223,000 | Sold | N/A |
| 07/12/1996 | $112,000 | Sold | N/A |
| 07/06/1994 | $175,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $7,031 |
| Assessment | $364,241 |
Home facts updated by county records
Comparable Sales for 1024 W Reeve St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Multi-Family Home | $1,105,000 | 08/11/25 | 10 | 4 | 4,112 | |
0.34 | Multi-Family Home | $1,135,000 | 06/04/26 | 7 | 6 | 3,090 | |
0.34 | Multi-Family Home | $950,000 | 07/01/26 | 5 | 2 | 1,529 | |
0.99 | Multi-Family Home | $859,000 | 05/11/26 | 7 | 6 | 3,300 | |
0.99 | Multi-Family Home | $800,000 | 01/20/26 | 9 | 3 | 2,490 | |
0.90 | Multi-Family Home | $634,000 | 04/03/26 | 4 | 3 | 6,239 | |
0.95 | Multi-Family Home | $860,000 | 09/23/25 | 6 | 4 | 2,670 | |
0.96 | Multi-Family Home | $860,000 | 09/23/25 | 6 | 4 | 2,670 | |
0.96 | Multi-Family Home | $1,720,000 | 09/23/25 | 12 | 8 | 5,340 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1024 W Reeve St.
What Locals Say about Compton
At least 936 Trulia users voted on each feature.
87 % Say there are sidewalks
79 % Say yards are well-kept
74 % Say car is needed
64 % Say there's holiday spirit
58 % Say it's walkable to grocery stores
56 % Say it's dog friendly
55 % Say kids play outside
52 % Say streets are well-lit
48 % Say they plan to stay for at least 5 years
47 % Say neighbors are friendly
46 % Say it's quiet
45 % Say parking is easy
44 % Say it's walkable to restaurants
29 % Say people would walk alone at night
28 % Say there's wildlife
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1024 W Reeve St
- What is the estimated monthly payment for 1024 W Reeve St?Based on a $1,128,000 list price with 20% down at today's rates, the estimated monthly payment for 1024 W Reeve St in Compton, CA is approximately $7,000 (about $5,816 principal & interest, $1,109 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1024 W Reeve St compare to homes in Compton?1024 W Reeve St in Compton, CA is listed at $1,128,000, about 85% above the $611K median sale price in Compton.
- What do residents say about Compton?Residents describe Compton, CA as pedestrian-friendly, well-kept, and walkable to grocery stores. See homes for sale in Compton, CA.
- What are the closest schools to 1024 W Reeve St?The closest schools to 1024 W Reeve St in Compton, CA are Compton High School (rated 5/10), Longfellow Elementary School (Middle, rated 5/10).
Mark Perez, Circle Real Estate
Agent Phone: (562) 754-0660

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-08 11:40:23 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-08 11:40:23 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
1024 W Reeve St, Compton, CA 90220 is a 10 bedroom, 4 bathroom, 4,112 sqft multi-family built in 1955. This property is currently available for sale and was listed by CRMLS on Jul 10, 2026. The MLS # for this home is MLS# RS26151216.

