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
Based on information from California Regional Multiple Listing Service, Inc. as of September 13, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.