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Vacant Rent-Ready Quadplex
For Sale
$1,128,000
Pending

1024 W Reeve, Compton, CA 90220

MULTI_FAMILY - Compton, CA

Lot Size0.21 Acres
Days on Market22

Property Features for 1024 W Reeve

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 3, Bedroom 7, Bedroom 6, Bedroom 9, Bedroom 2, Bedroom 4, Bedroom 10, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 8, Bathroom 2, Bathroom 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: Jul 31 Last Checked: Jul 31 at 4:06PM
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.

1024 W Reeve St in Compton, CA 90220 is a four-unit quadplex residential income property built in 1955. The unit mix includes two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units. The property is being delivered 100% vacant and rent-ready, supporting immediate leasing for the new owner.

The lot size is 0.2116 acres. Building systems and finishes include public water and public sewer services, a shingle roof, laminate and vinyl flooring, and wall furnace heating.

Based on projected Section 8 rents, the property has a projected 8.9% capitalization rate using estimated operating expenses equal to 25% of gross rental income. Conveniently located near shopping, schools, public transportation, and major freeways.

Key Highlights

  • 100% vacant and rent‑ready quadplex supporting immediate leasing
  • Two 3‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units
  • 0.2116‑acre lot with public water and public sewer

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

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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit quadplex built in 1955 with public water and sewer, delivered 100% vacant and rent-ready.
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: 100% vacant and rent‑ready quadplex supporting immediate leasing; Two 3‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units; 0.2116‑acre lot with public water and public sewer
More about this property
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