Antonio Martinez
Keller Williams Pacific Estates
(424) 379-0120
39 Total Sales
1 in Compton
$575,000 Price
342 346 W Palm St Compton, CA 90220
Compton Area
3
Beds
2
Baths
5,340
Sq Ft
9,992
Sq Ft Lot
About This Home
As of September 2025The 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.
Last Agent to Sell the Property
Morgan Skenderian Brokerage Email: dsr@morganskenderian.com License #01314304 Listed on: 07/09/2025
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 9,992 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- 6160002025
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,340 Sq Ft Home
- 2-Story Property
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 1 / 5
- Tax Tract Number 1
- Assessor Parcel Number 6160002026
- $2,099 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 8 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $2,318
- Fuel Expense $2,318
- Gardener Expense $1,200
- Insurance Expense $3,477
- Maintenance Expense $4,000
- Other Expense $1,000
- Pest Control $948
- Trash Expense $2,318
- Water Sewer Expense $2,318
- New Taxes Expense $30,481
- Operating Expense $50,381
- Gross Income $180,598
- Net Operating Income $130,217
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Compton, CA
-
Antonio Martinez
-
Maria Guerrero
Maria Guerrero
Y Realty
(424) 552-2340
11 Total Sales
1 in Compton
$470,000 Price
-
Vania Rincon
Vania Rincon
EstateX inc.
(855) 926-9843
47 Total Sales
3 in Compton
$515K - $605K Price Range
-
Steve Julian
Steve Julian
Luxury Collective
(747) 293-4987
172 Total Sales
2 in Compton
$630,000 Price Range
-
Jose Schnaider
Jose Schnaider
Equity Union
(747) 294-3353
36 Total Sales
4 in Compton
$575K - $620K Price Range
-
Kama Burton
Kama Burton
CMB REALTY SERVICES
(951) 400-4391
29 Total Sales
2 in Compton
$765,000 Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2025 09/23/25 | Sold | $1,720,000 | -1.7% | $322 / Sq Ft |
| 07/09/2025 07/09/25 | For Sale | $1,750,000 | -- | $328 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Agents Affiliated with this Home
-
Doug Rodermund
Seller's Agent in 2025
Doug Rodermund
Morgan Skenderian
(949) 295-8560
36 Total Sales
-
Michael Arp
Buyer's Agent in 2025
Michael Arp
Morgan Skenderian
(714) 262-8992
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25153987
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1426 Reliance
- 1401 S Whitemarsh Ave
- 1313 S Broadacres Ave
- 1307 S Grandee Ave
- 1341 Reliance
- 1307 S Cliveden Ave
- 1609 W 166th St
- 17527 Harwick Ct
- 1407 S Hillford Ave
- 1408 S Central Ave
- 1405 S Center Ave
- 1118 S Exmoor Ave
- 1046 S Gunlock Ave
- 1713 W 163rd St
- 1037 S Tajauta Ave
- 1024 W Reeve St
- 1041 W Reeve St
- 938 S Tajauta Ave
- 2412 W Tichenor St
- 17828 Woodbine Ct
Your Personal Tour Guide
Ask me questions while you tour the home.