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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1040 W Reeve Compton, CA 90220
$1,300,000 0 beds, 0 baths
0 sqft
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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
List price is $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: 9/25/2026

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 Find more homes in 90220 zip code

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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Listing Agent: Andrew Youngmark
Lic#: 01867638
Office Name: Beverly Hills

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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