342 346 W Palm Street, Compton, CA 90220
Local realty services provided by:ERA Excel Realty
342 346 W Palm Street,Compton, CA 90220
$1,750,000
- - Beds
- - Baths
- 5,340 sq. ft.
- Multi-family
- Active
Listed by:doug rodermund
Office:morgan skenderian
MLS#:PW25153987
Source:CRMLS
Price summary
- Price:$1,750,000
- Price per sq. ft.:$327.72
About this home
The Palm Terrace Apartments offers an investor the opportunity to acquire two identical side-by-side fourplexes in the strong rental market of Compton. The property has been renovated over recent years and has an excellent unit mix of half 1 and half 2-bedroom units.
Compton is an excellent rental market for apartment owners with NO MUNICIPAL RENT CONTROL. Rental demand outpaces supply year after year resulting in historically-low vacancy rates. The property has a central location (30 minutes or less median travel time to work) and benefits from the city’s large renter profile.
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Home facts
- Year built:1955
- Listing ID #:PW25153987
- Added:65 day(s) ago
- Updated:September 13, 2025 at 01:23 PM
Rooms and interior
- Living area:5,340 sq. ft.
Structure and exterior
- Year built:1955
- Building area:5,340 sq. ft.
- Lot area:0.23 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$327.72
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