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$1,750,000

Est. payment - /mo

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3 Beds

2 Baths

New

342 W Palm Street Compton, CA 90220

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Kurt Wannebo

kurt@wanneboreg.com +1(858) 405-5878

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25153987

Bedrooms 3

Property Sub-Type Res Income 2-4 Units

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 citys large renter profile.

Location

State CA

County Los Angeles

Zoning Assessor

Direction South of Compton Blvd and West of Oleander Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 6160002026

Listed by Doug Rodermund Morgan Skenderian

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Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

342 W Palm Street Compton, CA 90220

Kurt Wannebo

Key Details

Location

Interior

Exterior

Building

Others

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342 W Palm Street