Two-Story Quadplex with Four
For Sale
$1,300,000
1041 W Reeve Street, Compton, CA 90220
Well-maintained multifamily property with separately metered utilities, upgraded kitchens, and varied two- and three-bedroom layouts.
Property Size4,008 SF
Days on Market72
Property Features for 1041 W Reeve Street
General Information
Standard status
Active
Size
4,008 SF
Property subtype
Quadruplex
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA, 2 x 3BR/1BA
Multifamily Units
4
Amenities
dual-paned windows
granite countertops
laminate flooring
pre-wired for cable
Building Details
Building Size
4,008 SF
Year Built
1955
Buildings
1
Stories
2
Listing Agency:
Hafa Adai Properties
Listed By:
Mary De Leon · License #01232048
(562) 427-7765
Source:
Archetyperealty
Added: Aug 7
Changed: Oct 17
Last Checked: Oct 16 at 3:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hafa Adai Properties
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Investment Insights
Based on property information with market context.
This two-story quadplex contains four units, with two residences on each level. The unit mix includes two-bedroom, one-bath layouts and three-bedroom, one-bath layouts. Each residence features dual-pane windows, laminate flooring, and a kitchen with granite countertops. Individual units have separate electricity and gas meters, along with dedicated water heaters. The building is also pre-wired for cable service.
Constructed in 1955, the property sits on a dead-end street in Compton. Its four-unit configuration supports a range of occupancy arrangements, including living in one unit while renting the others, as explicitly supported by the property information.
Constructed in 1955, the property sits on a dead-end street in Compton. Its four-unit configuration supports a range of occupancy arrangements, including living in one unit while renting the others, as explicitly supported by the property information.
Key Highlights
- Four‑unit, two‑story quadplex with two residences on each level
- Unit mix includes 2BR/1BA and 3BR/1BA layouts
- Separate electricity and gas meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,994
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,399,880
$1.4M
Cap Rate 7%
$999,914
$999.9K
Cap Rate 9%
$777,711
$777.7K
Market Conditions
NOI Build-Up for 4,008 SF
Gross rent
$108.2K $27.00/SF
− Vacancy
−$8.2K −$2.05/SF
EGI
$100.0K $24.95/SF
− OpEx
−$30.0K −$7.48/SF
NOI
$70.0K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,399,880
Cap Rate 7%
$999,914
Cap Rate 9%
$777,711
Alternative Uses
Best Use
Multifamily LT 5
$999.9K
$874.9K – $1.17M
NOI $69,994 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$921.3K
$806.2K – $1.07M
NOI $64,492 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$2.15M
$1.88M – $2.50M
NOI $150,211 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained multifamily property with separately metered utilities, upgraded kitchens, and varied two- and three-bedroom layouts.
Where is this quadplex located?
The property is located at 1041 W Reeve Street Compton, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four‑unit, two‑story quadplex with two residences on each level; Unit mix includes 2BR/1BA and 3BR/1BA layouts; Separate electricity and gas meters for each unit
