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Vacant Four-Unit Residential Property
For Sale
$1,128,000
Pending

1024 W Reeve, Compton, CA 90220

Compton, CA

Property SizeContact for details
Lot Size0.21 Acres
Days on Market55

Property Features for 1024 W Reeve

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 8, Bathroom 3, Bedroom 9, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 10, Bedroom 7, Bathroom 4, Bathroom 2, Bedroom 6, Bedroom 2, Bedroom 3
Parking 8
Lot features 0-1 Unit/ Acre
Directions Alondra Blvd/ Wilmington Blvd
Subdivision RP - Compton S of Rosecrans, E of Central, W of Ala
Standard status Pending
APN 6141012051
Lot size 0.21 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Water source Public

Building Details

Year built 1955
Floors in Building 2
Number of units 4
Flooring type Laminate, Vinyl
Roof type Shingle
Listing Agency: Circle Real Estate
Listed By: Mark Perez · License #01279393
Added: Jul 10 Changed: Sep 1 Last Checked: Sep 2 at 5:06AM
MLS# RS26151216

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex includes four residential units arranged as two 3-bedroom, 1-bath residences and two 2-bedroom, 1-bath residences. All units are delivered vacant and rent-ready, allowing a new owner to establish the tenancy profile and leasing strategy. Interior finishes include vinyl and laminate flooring, while wall furnaces provide heating. The property was built in 1955 and is served by public water and public sewer, with a shingle roof.

Set on 0.2116 acres in Compton, the property is near shopping, schools, public transportation, and major freeways. Its projected 8.9% cap rate is based on the stated rent and expense assumptions. The unit mix provides a range of residential layouts within one multifamily asset.

Key Highlights

  • Four‑unit property with two 3‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units
  • All four units delivered vacant and rent‑ready
  • Projected 8.9% cap rate based on stated rent and expense assumptions

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby

Demographics for 90220, CA

50,412
Population
14,067
Households
3.6
Avg Household Size
33
Median Age
13%
College-Educated
68%
High-School Grad
6.9 sq mi
ZIP Area
7,306
Density / Sq Mi
$77,535
Median Household Income
$36,074
Median Earnings
$1,557
Median Rent
$514,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Rent-ready units offer immediate flexibility for leasing and tenant selection.
Where is this quadplex located?
The property is located at 1024 W Reeve Compton, CA.
What is the asking price?
The asking price for this property is $1,128,000.
What are key features of this property?
This property features: Four‑unit property with two 3‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units; All four units delivered vacant and rent‑ready; Projected 8.9% cap rate based on stated rent and expense assumptions
More about this property
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