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.
MLS #
CRPW25153987
MLS Source
California Regional MLS
Days on Site
11
Garage/Parking
Garage: 4 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | – |
342 346 W Palm St is a Residential Income in Compton, CA 90220. This – square foot property sits on a 9,992 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,750,000 and was built in 1955.
This address can also be written as 342 346 W Palm St, Compton, CA 90220.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 09, 2025. For the most current information, please contact Doug Rodermund, (949) 432-4726