1040 W Reeve
Compton, CA 90220
10
Bed
4
Bath
7,816Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1955Building Area Total: 4008Stories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 7816 Lot Size Acres: 0.1794 Lot Size Source: Assessor Lot Size Square Feet: 7,816 Lot Description: ZeroToOneUnitAcre
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Listing Price Information
Listing Price: $1300000Cash, CashToNewLoan, Conventional, FHA, VaLoan
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Tax Information
Parcel Number: 6141012049 Tax Lot: 8
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Virtual Tour
Parking Information
Parking Total: 4 Driveway, Garage, OnStreetGarage Information
Has Garage: Yes Garage Space: 4
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Location Information
Direction: From Alondra Blvd, turn onto S Grandee Ave and follow around to Reeve. The property is the last on the left. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 208 E Poplar, Compton, CA, 90220 | $770,000 | 3 | 3 | -- | 4,999 Sq. Ft |
| 321 N Willowbrook, Compton, CA, 90220 | $825,000 | 5 | 2 | 1,880 | 6,588 Sq. Ft |
| 213 E Raymond, Compton, CA, 90220 | $1,950,000 | 4 | 4 | -- | 8,527 Sq. Ft |
| 301 W Magnolia, Compton, CA, 90220 | $849,999 | 6 | 4 | -- | 5,946 Sq. Ft |
| 338 W Magnolia Street, Compton, CA, 90220 | $885,000 | 2 | 2 | -- | 7,203 Sq. Ft |
| 521 W Palm, Compton, CA, 90220 | $685,000 | 6 | 2 | -- | 6,784 Sq. Ft |
| 621 W Spruce, Compton, CA, 90220 | $635,000 | 4 | 2 | -- | 7,486 Sq. Ft |
| 1041 W Reeve Street, Compton, CA, 90220 | $1,300,000 | 10 | 4 | -- | 8,734 Sq. Ft |
| 1831 W 152nd, Compton, CA, 90220 | $809,900 | 4 | 4 | -- | 2,663 Sq. Ft |
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Nearby For Sale
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ByOwner last updated this listing 10/02/2026 @ 17:59
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