CA > Compton
Compton, CA 90220,342 W Palm Street
Compton, CA 90220,342 W Palm Street
Compton, CA 90220,342 W Palm Street
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Danielle Broad

Danielle Broad

+1(925) 383-9200
$1,750,000
Est. payment /mo
5,340 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,340 sqft

Price per Sqft $327

MLS Listing ID CRPW25153987

HOA Y/N No

Year Built 1955

Lot Size 9,992 Sqft

Acres 0.23

Property Sub-Type Other

Property Description

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.

Location

State CA

County Los Angeles

Zoning COPR

Interior

Fireplace No

Laundry Other

Building

Lot Description Other

New Construction No

Others

Tax ID 6160002026

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Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Doug Rodermund • Morgan Skenderian
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+1(925) 383-9200

smiles4dee@gmail.com

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