• 342 346 W Palm Street, Compton CA: https://media.crmls.org/medias/3b52617f-dfe7-463d-b4ea-3ee3244b2c47.jpg
  • 342 346 W Palm Street, Compton CA: https://media.crmls.org/medias/c9def174-a0de-420d-9518-4c1b56c1ebf2.jpg
  • 342 346 W Palm Street, Compton CA: https://media.crmls.org/medias/81351b97-b9f5-473d-931a-4ebd6ff64164.jpg
  • 342 346 W Palm Street, Compton CA: https://media.crmls.org/medias/80346470-0c82-4a75-b8df-d8f0ef9a07f3.jpg
  • 342 346 W Palm Street, Compton CA: https://media.crmls.org/medias/8eb0287c-290a-4135-b29e-81460ab3c72f.jpg

342 346 W Palm Street, Compton, CA 90220

| 5,340 SQ/FT

Offered at $1,750,000

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.