NEW 20 HRS AGO

Listed by Andrew Youngmark •DRE #01454228 • Compass

Contact: 714-469-6238

For sale

$1,300,000

Est. $8,698/mo —

•

4,008

sq ft

1040 W Reeve, Compton, CA 90220

About this home

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!

Multi-familyProperty Type

1955Year Built

7,816 sq ftLot Size

$324Price/Sq.Ft.

4 car garageParking

Listing updated: Sep 19, 2026 at 06:15am

Redfin checked: 2 minutes ago

•Source:CRMLS #OC26204939

Payment calculator

$8,698 per month

Principal and interest$7,095

Property taxes

$1,354

HOA dues

Home insurance

$249

Utilities

Add

5 minutes to get started. No credit impact.

Discover your buying power

Find out if this home is within budget

Down payment assistance

View down payment assistance programs for this home

See this home in person

Open houses

No upcoming open houses.

Nearby open houses (10)

REDFIN OPEN TODAY, 12PM TO 3PM3D WALKTHROUGH
$775,000
3 beds2 baths1,598 sq ft
809 Malone, Montebello, CA 90640
REDFIN OPEN TODAY, 12PM TO 3PM3D WALKTHROUGH
$820,000
3 beds2 baths1,434 sq ft
428 Findlay Ave, Montebello, CA 90640
REDFIN OPEN TODAY, 12PM TO 2PM3D WALKTHROUGH
$992,000
3 beds2.5 baths1,592 sq ft
3647 Keystone Ave #2, Los Angeles, CA 90034
REDFIN OPEN TODAY, 12:30PM TO 2:30PM3D WALKTHROUGH
$1,599,000
5 beds3 baths2,038 sq ft
6320 W 85th St, Los Angeles, CA 90045
REDFIN OPEN TODAY, 1PM TO 3PM3D WALKTHROUGH
$525,000
2 beds2 baths961 sq ft
1326 W Park Western #206, San Pedro, CA 90732
REDFIN OPEN TODAY, 1PM TO 4PM3D WALKTHROUGH
$625,000
3 beds2 baths1,300 sq ft
428 W 98th, Los Angeles, CA 90003
REDFIN OPEN TODAY, 1PM TO 4PM3D WALKTHROUGH
$1,220,000
4 beds2 baths1,764 sq ft
16718 Cerise Ave, Torrance, CA 90504
REDFIN OPEN SUN, 1PM TO 4PM3D WALKTHROUGH
$595,000
2 beds2 baths1,265 sq ft
5845 Doverwood Dr #214, Culver City, CA 90230
REDFIN OPEN SUN, 1PM TO 4PM3D WALKTHROUGH
$939,000
4 beds2 baths1,473 sq ft
4831 W 121st St, Hawthorne, CA 90250
REDFIN OPEN SUN, 3PM TO 5PM3D WALKTHROUGH
$600,000
2 beds2 baths1,122 sq ft
1025 Sheila Ct, Montebello, CA 90640

Around this home

Schools

K - 12
Preschool & daycare

Longfellow Elementary School

Public K-8 • Assigned • 0.1mi

5/10

Compton High School

Public 9-12 • Assigned • 1.8mi

5/10

Provided by GreatSchools

About Southeast

Southeast La, located between the San Gabriel River and the I-710 corridor, is a residential and industrial Downey neighborhood with wide arterial boulevards and pocket parks. The neighborhood’s character concentrates around the Firestone Blvd and Lakewood Blvd crossroads, where taquerias, bakeries, and small storefronts line the sidewalks under steady traffic. Mid-century ranch homes and low-slung apartment courts sit behind mature street trees, while warehouse blocks and auto-oriented retail shape the edges. The Rio Hondo and river-channel paths add a linear, open-sky backdrop for walks and bike rides. Community rituals often orbit local staples like Porto’s Bakery & Cafe, the Downey Theatre, and the Columbia Memorial Space Center. The pace feels practical and grounded, with daily life organized around boulevards, schools, and civic spaces.

Provided by Walk Score and Local Logic

Offer insights

1040 W Reeve · $1,300,000

Strong offer

$1.34M and above

75% chance or better to win

Why $1.34M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 72 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Bathroom

Bedroom

Interior features
Two levels
Main entry on level 1

Bedrooms
Units include 3-bed and 2-bed layouts (multiple units)

Bathrooms
All units have one full bathroom

Kitchen
Kitchens included in each unit

Laundry & utility
No on-site laundry features listed

Sale and tax history for 1040 W Reeve

Sale History
Tax History

Date

Event

Price

CRMLS #OC26204939

Sep 18, 2026

Listed

$1,300,000

$324/sq ft

SDMLS #301743231

Oct 2, 2018

Sold

$777,500

$194/sq ft

Jul 27, 2018

Listed

$799,900

$200/sq ft

Wow.. Collectors Item.. Spacious recently remodeled 4 unit property with great rental income. Great for Investors,First Time Buyers or large family. Perfect for rental units. 2 units on upper level and 2 Units on lower level. 2 Units are 3 bedrooms 1 bath and 2 units are 2 bedrooms 1 bath. Property has new roof installed 2 years ago.. All 4 units have Granite counters,Tile floors,Laminate flooring,Freshly painted,New doors, and new toilets with many other improvements and upgrades etc. Property has attached garage parking. Property located near schools,shopping centers,and near 91 and 710 fwy. Property is 15 minutes away from the new Ram Stadium project. Must See! Hurry this one will not last long in the market.

CRMLS #DW18181584

Oct 2, 2018

Sold

$777,500

$194/sq ft

Jul 27, 2018

Listed

$799,900

$200/sq ft

Wow. . Collectors Item. . Spacious recently remodeled 4 unit property with great rental income. Great for Investors, First Time Buyers or large family. Perfect for rental units. 2 units on upper level and 2 Units on lower level. 2 Units are 3 bedrooms 1 bath and 2 units are 2 bedrooms 1 bath. Property has new roof installed 2 years ago. . All 4 units have Granite counters, Tile floors, Laminate flooring, Freshly painted, New doors, and new toilets with many other improvements and upgrades etc. Property has attached garage parking. Property located near schools, shopping centers, and near 91 and 710 fwy. Property is 15 minutes away from the new Ram Stadium project. Must See! Hurry this one will not last long in the market.

SDMLS #301731053

Apr 27, 2018

Sold

$730,000

$182/sq ft

Nov 25, 2017

Listed

$799,900

$200/sq ft

CRMLS #DW17263797

Apr 27, 2018

Sold

$730,000

$182/sq ft

Feb 26, 2018

Pending

—

Feb 6, 2018

Contingent

—

Nov 25, 2017

Listed

$799,900

$200/sq ft

Public Records

Jul 28, 2015

Sold

$530,000

$132/sq ft

Public Records

Mar 4, 2013

Sold

$400,000

$100/sq ft

CRMLS #V12082383

Mar 7, 2013

Listing Removed

—

Mar 7, 2013

Sold

$400,000

$100/sq ft

Oct 23, 2012

Pending

—

Sep 14, 2012

Relisted

—

Aug 20, 2012

Pending

—

Aug 8, 2012

Relisted

—

Aug 2, 2012

Pending

—

Jul 17, 2012

Price Changed

$399,000

$100/sq ft

Jul 2, 2012

Listed

$418,000

$104/sq ft

CRMLS #S11120991

Oct 11, 2011

Listing Removed

—

Sep 14, 2011

Relisted

—

Sep 13, 2011

Delisted

—

Sep 13, 2011

Listed

$399,000

$100/sq ft

CRMLS #Y1007731

Apr 15, 2011

Sold

$299,900

$75/sq ft

Apr 11, 2011

Pending

—

Apr 11, 2011

Relisted

—

Mar 1, 2011

Listing Removed

—

Dec 16, 2010

Listed

$299,900

$75/sq ft

CRMLS #Y1005191

Dec 13, 2010

Listing Removed

—

Nov 10, 2010

Price Changed

$299,900

$75/sq ft

Sep 22, 2010

Price Changed

$324,900

$81/sq ft

Aug 15, 2010

Listed

$349,900

$87/sq ft

Public Records

Jul 31, 2008

Sold

$660,000

$165/sq ft

CRMLS #N08074916

Aug 15, 2008

Sold

$685,000

$171/sq ft

Jul 1, 2008

Listing Removed

—

May 16, 2008

Listed

$705,000

$176/sq ft

TheMLS #07-222693

Mar 26, 2008

Delisted

—

Sep 26, 2007

Listed

Public Records

Jan 31, 1996

Sold

$155,000

$39/sq ft

Public Records

Oct 1, 1991

Sold

$250,000

$62/sq ft

Public Records

Jul 3, 1991

Sold

$1,237,500

$309/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$14,980 (+0.5%)

$256,567 + $610,744

$867,311

2024

$14,908 (+1.2%)

$256,567 + $610,744

$867,311

2023

$14,730 (+6.2%)

$251,537 + $598,769

$850,306

2022

$13,864 (−0.9%)

$246,605 + $587,029

$833,634

2021

$13,992 (+1.8%)

$241,770 + $575,519

$817,289

2020

$13,738 (+1.2%)

$237,030 + $564,235

$801,265

2019

$13,575 (+38.1%)

$234,600 + $558,450

$793,050

2018

$9,830 (+3.0%)

$230,000 + $547,500

$777,500

2017

$9,545 (+2.5%)

$153,000 + $387,600

$540,600

2016

$9,315 (+30.4%)

$153,000 + $387,600

$540,600

2015

$7,144 (+1.9%)

$150,000 + $380,000

$530,000

2014

$7,013 (+25.6%)

$150,681 + $251,135

$401,816

2012

$5,584 (−10.1%)

$156,060 + $156,060

$312,120

2011

$6,208 (−43.2%)

$153,000 + $153,000

$306,000

2010

$10,927 (−4.7%)

$151,129 + $201,506

$352,635

2009

$11,463 (+127.6%)

$299,289 + $359,146

$658,435

2008

$5,037

$300,000 + $360,000

$660,000

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

7,816 Sq. Ft.

Year renovated

1957

Finished Sq. Ft.

4,008

Unfinished Sq. Ft.

—

Total Sq. Ft.

4,008

Year built

1955

Style

Multi-Family (2-4 Unit)

County

Los Angeles County

APN

6141012049

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 29, 2026.

High-Density Residential Zone

The High-Density Residential Zone (R-H) is established to provide for a suitable residential environment through the predominant development of multiple-family dwellings.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Student
Housing-Other
Educational/school
Fire house
Library
Police station
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

6 days above 89° expected this year, 18 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

10 unhealthy days expected this year, 10 days in 30 years

Provided by First Street

Historical weather

Compton, CA • 90220

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 6.8 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

6.8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1040 W Reeve

$1,290,127

$9,873 under list price of $1.30M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $640K to $1.3M.

SOLD SEP 1, 2026
$1,300,000 Last sold price
10 beds4 baths4,112 sq ft
1024 W Reeve, Compton, CA 90220
$8/sq ft
larger lot
SOLD JUN 16, 2026
$720,000 Last sold price
3 beds2 baths1,677 sq ft
969 W Laurel St, Compton, CA 90220
JohnHart Real Estate
$105/sq ft
smaller lot
8 years older
SOLD FEB 27, 2026
$770,000 Last sold price
4 beds2 baths1,462 sq ft
1601 W 163rd, Compton, CA 90220
$203/sq ft
smaller lot
1 year older
SOLD AUG 20, 2026
$760,000 Last sold price
4 beds1.5 baths1,431 sq ft
1408 S Central, Compton, CA 90220
$207/sq ft
smaller lot
1 year older
SOLD JUL 17, 2026
$880,000 Last sold price
3 beds2 baths1,564 sq ft
456 W Bennett, Compton, CA 90220
Harcourts Signature Properties
$239/sq ft
larger lot
7 years older
SOLD AUG 31, 2026
$640,000 Last sold price
4 beds2 baths1,404 sq ft
1118 S Exmoor, Compton, CA 90220
$132/sq ft
smaller lot
7 years older

Tour this home with a Redfin agent.

Tour for free, no strings attached

Takes about 5 minutes & won't affect your credit

Start an offer

(323) 457-1356

Early Access listings

EARLY ACCESSCOMPASS COMING SOON

$1,895,000

4 beds2 baths2,129 sq ft

4311 Laurelgrove Ave, Studio City, CA 91604

EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

$6,750,000

5 beds6 baths6,010 sq ft

4433 Vista De La Tierra, Del Mar, CA 92014

EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

$1,230,000

4 beds3 baths2,590 sq ft

3701 Hidden Trail Dr, Jamul, CA 91935

EARLY ACCESSREDFIN COMING SOON

$925,000

3 beds3 baths2,112 sq ft

5320 Don Ricardo Dr, Carlsbad, CA 92010

EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

$825,000

2 beds2 baths1,149 sq ft

1375 Kelton Ave #104, Los Angeles, CA 90024

EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

$1,575,000

4 beds4 baths4,881 sq ft

79170 Montego Bay Dr, Bermuda Dunes, CA 92203

Nearby similar homes

$1,299,000

6 beds4 baths2,766 sq ft

16701 S Berendo, Gardena, CA 90247

$1,190,000

10 beds8 baths3,714 sq ft

1645 E 117th St, Los Angeles, CA 90059

$849,000

3 beds4 baths2,628 sq ft

1212 E Rosecrans Ave, Compton, CA 90221

$2,525,000

15 beds15 baths6,118 sq ft

16000 S Vermont, Gardena, CA 90247

$1,295,000

5 beds4 baths2,160 sq ft

318-320 E Market St, Long Beach, CA 90805

Compass

$699,999

4 beds2 baths1,505 sq ft

719 E 110th St, Los Angeles, CA 90059

New listings for sale in 90220

NEW 20 HRS AGO

$1,300,000

10 beds4 baths4,008 sq ft

1040 W Reeve, Compton, CA 90220

OPEN TODAY, 12PM TO 5PM

$625,888

3 beds2 baths1,300 sq ft

725 S Taper, Compton, CA 90220

OPEN TODAY, 10AM TO 4PM

$599,000

2 beds1 bath768 sq ft

1339 W Magnolia, Compton, CA 90220

$619,900

2 beds1 bath852 sq ft

1006 N Matthisen, Compton, CA 90220

$560,000

3 beds1 bath1,052 sq ft

2314 W Alondra, Compton, CA 90220

Keller Williams Pacific Estate

$699,000

3 beds2 baths1,066 sq ft

2634 W Billings, Compton, CA 90220

$335,000

2 beds2 baths1,536 sq ft

2601 E Victoria St #466, Rancho Dominguez, CA 90220

OPEN TODAY, 4PM TO 6PM

$540,000

3 beds2.5 baths1,604 sq ft

106 Racquet Clb, Compton, CA 90220

OPEN TODAY TO 3PM

$749,900

3 beds1 bath1,032 sq ft

2404 W 153rd, Compton, CA 90220

Amberwood Real Estate, Inc.

Details provided by CRMLS and may not match the public record. Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

90059 homes for sale
90723 homes for sale
90280 homes for sale
90805 homes for sale
90746 homes for sale

Houses for rent in Compton	Agents near me	Irvine, CA homes for sale	Compton Housing Market
Houses for sale near me	San Diego, CA homes for sale	Fremont, CA homes for sale
Land for sale near me	San Francisco, CA homes for sale	Sacramento, CA homes for sale
Open Houses near me	Los Angeles, CA homes for sale	Compton Property Records
Condos for sale near me	San Jose, CA homes for sale	CA New Listings

Pasadena homes for sale
Los Angeles homes for sale
Long Beach homes for sale

About this home

Payment calculator

See this home in person

Nearby open houses (10)

Around this home

Schools

Offer insights

Property details

Sale and tax history for 1040 W Reeve

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 1040 W Reeve

Early Access listings

Nearby similar homes

New listings for sale in 90220

More real estate resources