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$1,750,000
55 Days On Site
342 346 W Palm StreetCompton, CA 90220
For Sale|Apartment|Active Under Contract
0
Beds
0
Total Baths
5,340
SqFt
$328
/SqFt
1955
Built
County:
Los Angeles
Listed by Doug Rodermund of Morgan Skenderian [email protected]
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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.
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Listing Snapshot
Price
$1,750,000
Days On Site
55 Days
Bedrooms
N/A
Inside Area (SqFt)
5,340 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2294 Acres
Year Built
1955
MLS® Number
PW25153987
Status
Active Under Contract
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Status changed to Active Under Contract | |
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.2294
Garage
Yes
Garage Spaces
4
Number Of Stories
2
Parking Spaces
8
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
5340
Water Source
Public
Zoning
COPRH*
Interior Features
Laundry Features
Washer HookupGas Dryer Hookup
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Exterior Features
Lot Features
Rectangular Lot
Pool Features
None
Community Features
Building Access
1
Community Features
CurbsSidewalks
Financing Terms Available
1031 Exchange
MLS Area
699 - Not Defined
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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
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