1 / 5
Sold$1,720,000on Sep 23, 2025
342 W Palm Street, Compton, CA 90220
Morgan Skenderian
3Beds
2Baths
76Days Listed
About This Property
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 citys large renter profile.
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 3
- Bathrooms
- 2
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Sold
- Days on Market
- 76
- Cumulative Days on Market
- 77
- Original Price
- $1,750,000
Location & Neighborhood
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
Compton Market Snapshot
97
Active Listings
$650K
Median Price
75
Avg Days on Market
Last updated: Sep 24, 2025
More Sold Properties in Compton
View allListed by
Doug Rodermund, Morgan Skenderian · 949-251-8800
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$1,750,000