1041 W Reeve Street, Compton, California 90220, Compton, 90220 - 0 bed, 0 bath
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1041 W Reeve Street
Compton, California 90220
ACTIVE
CONDITION: GOOD
0Beds
0Baths
4,008Sq Ft
8,734Lot Size
Property Price
LIST PRICE$1,200,000
EST. MARKET VALUE
$1,306,447
8% BelowMARKET VALUE
SUMMARY
This Quadruplex Residential Income property is a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,306,447 Fair Market Value by 8%. This valuation gap offers $106,447 in Instant Equity. Featuring a Condition Rating of 3, the building includes Granite Kitchens, Dual-Paned Windows, and Individualized Utilities for operational efficiency. Located on a quiet dead-end street, this turnkey asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a stable, low-maintenance income stream with immediate upside.
Estimated Market Value
$1,306,447+$106,447 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Compton.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1041 W Reeve Street Subject | $1,200,000* List Price | 0 | 0 | 4,008 | $326 | - |
A 1601 1603 W 165th Street Sold | $1,135,000 | 7 | 6 | 3,090 | $367 | 0.3 mi |
B 1024 W Reeve Pending | $1,128,000 List Price | 0 | 0 | 4,112 | $274 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1955, the property has undergone significant renovations likely within the 5-15 year range, featuring granite countertops, laminate flooring, and dual-paned windows. The systems are well-maintained with separate utility meters and individual water heaters for each unit, making it move-in ready with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The property is exceptionally well-maintained with no deferred maintenance, featuring modern interior upgrades such as granite countertops, laminate flooring, and dual-paned windows.
- Individualized Utilities
Each unit is equipped with its own gas and electric meters and individual hot water tanks, significantly reducing landlord overhead and simplifying utility management.
- Strategic Location
Situated on a dead-end street, the property offers enhanced privacy and minimal through-traffic, which is a highly desirable feature for long-term residential tenants.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Ratio
The 3-bedroom units only feature a single bathroom, which may be a disadvantage for larger families and could limit the maximum rental price point.
- Vintage Infrastructure
Built in 1955, the building's core systems may require more frequent long-term monitoring and maintenance compared to modern construction, despite its current well-kept status.
About 1041 W Reeve Street
Have pride of ownership to this well maintained two-story quadruplex that has no deferred maintenance. It is located on a dead end street. There are two units on each level having 2BR/1BA and 3BR/1BA that have dual-paned windows. Electricity and gas have own separate meters and each unit has its own water hot water tank. Kitchens all have granite counter tops. Check out the laminate type flooring! Building has been pre-wired for cable service. You still have the option to make it an investor's delight or to live in a unit while renting the others!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1955
- Lot Size
- 8,734 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.5 |
| Square foot | 4,008 | 1,696 |
| Lot Size | 8,734 | 6,423.083 |
| Price | $1.20M | $754.5K |
| Price per sq ft | $299 | $424 |
| Built year | 1955 | 1948 |
| HOA | $0 | $0 |
| Days on market | 33 | 61 |
Pricing History
Listed for Sale
Aug 7, 2026
$1,200,000
Initial Listing
Sold
Mar 10, 2011
$300,000
Public Record
Sold
Jul 29, 2008
$685,000
Public Record