#SR25120491, Erica Contreras, Listing office: Erica Contreras
$1,750,000 List price
342346 W Palm St Compton, CA 90220
0.2 acres
Condo
Property details
About 342346 W Palm St
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.
Highlights
Home typeCondominium
StatusActive
Lot size0.2294 Acres
Year built1955
MLS #PW25153987
Garage4 spaces
Summary
- Garage Space: 4 spaces
- Private Pool: No
- List Price: $1,750,000
- Lot: Rectangular Lot
- Directions: South of Compton Blvd and West of Oleander Ave
- Year Built: 1955
- Stories: 2
- Lot Size: 0.2294 Acres
- MLS Number: PW25153987
- MLS Name: CRMLS
- Office Name: Morgan Skenderian
- Office Email: dsr@morganskenderian.com
- Listing Agent: Doug Rodermund
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/11/2025, 10:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
6
George Washington Elementary School
Public District KG-6
0.7 mi
•1421 N Wilmington Ave
5
Rosecrans Elementary School
Public District KG-6
0.8 mi
•1301 N Acacia Ave
4
Charles W. Bursch Elementary School
Public District PK-5
1.0 mi
•2505 W 156th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,174. Typical income of Compton, CA residents is less than $<35k annually. The most common type of family is single, with kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
42%
<35k
35%
35k-100k
21%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
23%
Single, No Kids
36%
Single, with Kids
15%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
16%
12-17 yrs old
23%
18-34 yrs old
33%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 342346 W Palm St
The listing price of 342346 W Palm St property is $1,750,000.
The property 342346 W Palm St is a condo located in Compton, California, 90220.
Active Listing: 342346 W Palm St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 342346 W Palm St are: George Washington Elementary School (GreatSchools Rating 6/10), Rosecrans Elementary School (GreatSchools Rating 5/10), Charles W. Bursch Elementary School (GreatSchools Rating 4/10), Davis Middle School (GreatSchools Rating 7/10), Laurel Street Elementary School (GreatSchools Rating 7/10), Dickison Elementary School (GreatSchools Rating 5/10), Lifeline Education Charter (GreatSchools Rating 5/10), Compton Early College High School (GreatSchools Rating 10/10), Centennial High School (GreatSchools Rating 3/10).
The property at 342346 W Palm St has 0 bathroom.
The year of construction for 342346 W Palm St is 1955.
This home is located at 342346 W Palm St in Compton, CA and zip code 90220 in the The Southeast neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $1,750,000.
In June 2025, from all listings sold in Compton, CA there were more than 19 sold above asking price, over 7 sold below and more than 6 were sold right at the asked price. In June 2025 in Compton, CA there were 2.6% more homes for sale than in May. The median list price of listings available in June 2025 was $645,000, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.