There are multiple listings for this address:
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.
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.
Property Details
Price:
$1,750,000
MLS #:
PW25153987
Status:
Active Under Contract
Baths:
0
Address:
342 W Palm Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Compton
Listed Date:
Jul 9, 2025
State:
CA
ZIP:
90220
Lot Size:
9,992 sqft / 0.23 acres (approx)
Year Built:
1955
See this Listing
Mortgage Calculator
Schools
Interior
Laundry Features
Gas Dryer Hookup, Washer Hookup
Exterior
Community Features
Curbs, Gutters, Sidewalks
Parking Spots
8.00
Financial
Map
Community
- Address342 W Palm Street Compton CA
- Area699 – Not Defined
- CityCompton
- CountyLos Angeles
- Zip Code90220
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342 W Palm Street
Compton, CA
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.
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.
Property Details
Price:
$875,000
MLS #:
PW25169789
Status:
Active Under Contract
Baths:
0
Address:
342 W Palm Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Compton
Listed Date:
Jul 31, 2025
State:
CA
ZIP:
90220
Lot Size:
4,996 sqft / 0.11 acres (approx)
Year Built:
1955
See this Listing
Mortgage Calculator
Schools
Interior
Laundry Features
Gas Dryer Hookup, Washer Hookup
Exterior
Community Features
Curbs, Gutters, Sidewalks
Parking Spots
8.00
Financial
Map
Community
- Address342 W Palm Street Compton CA
- Area699 – Not Defined
- CityCompton
- CountyLos Angeles
- Zip Code90220
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