Listed by Andrew Youngmark, Compass, (714) 469-6238
$1,300,000
- 10 Beds
- 4 Baths
- 4,008 sqft
1040 W Reeve St, Compton, CA 90220
Est. Mortgage $8,209/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1955
$324/sqft
Garage
Local Information
-- mins to
About this House
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!
Home Details for 1040 W Reeve St
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Beds & Baths Number of Bedrooms: 10Number of Bathrooms: 4 |
Appliances & Utilities Laundry: None |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1 |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageNo Attached GarageParking Spaces: 4Parking: Driveway,Garage,On Street |
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: 4Days on Market: 6 |
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Year Built Year Built: 1955 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 6141012049 |
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Price List Price: $1,300,000Price Per Sqft: $324 |
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MLS Status: Active |
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Direction & Address City: Compton |
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Listing Agent Listing ID: OC26204939 |
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Building Area Building Area: 4008 Square Feet |
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Community Features: SidewalksNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 7816 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, Conventional, FHA, VA Loan |
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Expense Tenant Pays: Electricity, Gas |
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No Rent Control |
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Mls Number: OC26204939Living Area Range Units: Square FeetAttribution Contact: 714-469-6238Common Interest: NoneUniversal Property Id: US-06037-N-6141012049-R-N |
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SidewalksSource Internet Entire Listing Display |
Around this home
What Locals Say about Compton
At least 937 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.
Market trends in Compton
Last updated August 2026
Avg. sale price
$635K
$15KMoM
Sale-to-List Price
101.4%
0.3%MoM
Price per sq ft
$535
$16MoM
Available listings
137
15MoM
Home Value
Trulia Estimate
$1.28MSince last month
Increased$312K (+32.1%)Since last year
Increased$348K (+37.2%)Since last sale
Increased$505K (+64.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +50% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.28M |
| August 2026 | $970K |
| July 2026 | $936K |
| June 2026 | $934K |
| May 2026 | $945K |
| April 2026 | $940K |
| March 2026 | $939K |
| February 2026 | $973K |
| January 2026 | $949K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.33 | Multi-Family Home | $1,135,000 | 06/04/26 | 7 | 6 | 3,090 | |
1.01 | Multi-Family Home | $859,000 | 05/11/26 | 7 | 6 | 3,300 | |
1.12 | Multi-Family Home | $800,000 | 09/04/26 | 8 | 4 | 3,282 | |
0.36 | Multi-Family Home | $950,000 | 07/01/26 | 5 | 2 | 1,529 | |
1.02 | 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 | |
1.33 | Multi-Family Home | $1,000,000 | 03/13/26 | 12 | 6 | 3,672 | |
1.25 | Multi-Family Home | $890,000 | 03/18/26 | 5 | 4 | 2,401 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $1,086,800 | 10 | 4 | 4,112 | Off Market | |
0.06 | $1,078,500 | 10 | 4 | 4,112 | Off Market | |
0.13 | $656,600 | 3 | 2.5 | 1,588 | Off Market | |
0.11 | $746,500 | 2 | 2 | 1,578 | Off Market | |
0.16 | $605,800 | 3 | 2 | 1,431 | Off Market | |
0.15 | $703,800 | 2 | 2 | 862 | Off Market | |
0.15 | $697,700 | 3 | 1 | 1,462 | Off Market | |
0.17 | $525,000 | 3 | 1 | 1,363 | Recently Sold | |
0.20 | $821,700 | 3 | 2 | 1,650 | Off Market | |
0.22 | $704,600 | 4 | 2 | 1,217 | Off Market | |
0.23 | $586,500 | 3 | 2.5 | 1,419 | Off Market |
Price and Tax history
| Date | Event | Price |
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Sep 19, 2026 Source: CRMLS #OC26204939 | Listed For Sale | $1,300,000 |
Mar 24, 2021 Source: N/A | ListingRemoved | |
Oct 2, 2018 Source: N/A | Sold | $777,500 |
May 5, 2018 Source: N/A | ListingRemoved | $1,600 |
Apr 30, 2018 Source: N/A | Listed For Rent | $1,600 |
Apr 27, 2018 Source: CRMLS #DW17263797 | Sold | $730,000 |
Feb 7, 2018 Source: Agent Provided | Pending | $799,900 |
Feb 7, 2018 Source: Agent Provided | Listed For Sale | $799,900 |
Jul 28, 2015 Source: N/A | Sold | $530,000 |
Mar 4, 2013 Source: N/A | Sold | $400,000 |
Jan 17, 2013 Source: Agent Provided | Listed For Sale | $399,000 |
Dec 1, 2012 Source: Agent Provided | ListingRemoved | $399,000 |
Jul 21, 2012 Source: Agent Provided | PriceChange | $399,000 Price decreased by 5% |
Jul 4, 2012 Source: Agent Provided | Listed For Sale | $418,000 |
Oct 14, 2011 Source: Agent Provided | ListingRemoved | $399,000 |
Sep 15, 2011 Source: Agent Provided | Listed For Sale | $399,000 |
May 18, 2011 Source: Agent Provided | ListingRemoved | $299,900 |
May 13, 2011 Source: N/A | Sold | $260,000 |
Nov 13, 2010 Source: Agent Provided | PriceChange | $299,900 Price decreased by 14% |
Nov 10, 2010 Source: Agent Provided | PriceChange | $349,900 Price increased by 8% |
Sep 24, 2010 Source: Agent Provided | PriceChange | $324,900 Price decreased by 7% |
Aug 18, 2010 Source: Agent Provided | Listed For Sale | $349,900 |
Apr 7, 2010 Source: N/A | Sold | $519,506 |
Jul 31, 2008 Source: N/A | Sold | $660,000 |
Jan 31, 1996 Source: N/A | Sold | $155,000 |
Apr 21, 1995 Source: N/A | Sold | $161,500 |
Nov 30, 1994 Source: N/A | Sold | $1,000 |
Sep 2, 1994 Source: N/A | Sold | $34,504 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $884,656 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Andrew Youngmark, Compass
Agent Phone: (714) 469-6238

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 2026-09-24 00:06:15 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 2026-09-24 00:06:15 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
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Frequently asked questions about 1040 W Reeve St
- What is the estimated monthly payment for 1040 W Reeve St?Based on a $1,300,000 list price with 20% down at today's rates, the estimated monthly payment for 1040 W Reeve St in Compton, CA is approximately $8,479 (about $7,126 principal & interest, $1,278 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1040 W Reeve St compare to homes in Compton?1040 W Reeve St in Compton, CA is listed at $1,300,000, about 105% above the $635K 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 1040 W Reeve St?The closest schools to 1040 W Reeve St in Compton, CA are Compton High School (rated 5/10), Longfellow Elementary School (Middle, rated 5/10).
1040 W Reeve St, Compton, CA 90220 is a 10 bedroom, 4 bathroom, 4,008 sqft multi-family built in 1955. This property is currently available for sale and was listed by CRMLS on Sep 19, 2026. The MLS # for this home is MLS# OC26204939.

