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342 346 W Palm Street, 
Compton, CA 90220

$1,750,000

—

Bed

—

Bath

5,340

Sq Ft

Multi-Family

Active

Listed by

Doug Rodermund

Morgan Skenderian

949-251-8800

Last updated:

August 4, 2025, 01:21 PM

MLS#

PW25153987

Source:

CRMLS

About This Home

342 346 W Palm Street

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.

Home Facts

Multi-Family

Built in 1955

Price Summary

1,750,000

$327 per Sq. Ft.

MLS #:

PW25153987

Last Updated:

August 4, 2025, 01:21 PM

Added:

a month ago

Rooms & Interior

Interior

Living Area:

5,340 Sq. Ft.

Structure

Structure

Building Area:

5,340 Sq. Ft.

Year Built:

1955

Lot

Lot Size (Sq. Ft):

9,992

Finances & Disclosures

Finances

Price:

$1,750,000

Price per Sq. Ft:

$327 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of August 4, 2025 . 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. 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, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.