CA > Compton
Compton, CA 90220,342 346 W Palm ST
Compton, CA 90220,342 346 W Palm ST
Compton, CA 90220,342 346 W Palm ST
Compton, CA 90220,342 346 W Palm ST
Compton, CA 90220,342 346 W Palm ST
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HomeSmart Realty Group

HomeSmart Realty Group

+1(949) 878-8721
$ 1,750,000
Est. payment | /mo

9,992 Sqft Lot

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$ 1,750,000
Est. payment | /mo
Save

9,992 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25153987

HOA Y/N No

Year Built 1955

Lot Size 9,992 Sqft

Property Sub-Type Apartment

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

Area 699 - Not Defined

Zoning COPRH*

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6160002026

Energy Description 2318.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Doug Rodermund Morgan Skenderian dsr@morganskenderian.com
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+1(949) 878-8721

admin@realtygrouphs.com

3750 Schaufele Ave Suite 270, Beach, California, 90808, United States

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342 346 W Palm ST