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 city’s large renter profile.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50381239
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
-
Exterior Features
Building Information
- Year Built: 1955
- Building Area Total: 5,340
Pool Features
- None
Laundry Features
- Washer Hookup,Gas Dryer Hookup
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2294
- Lot Size Source: Assessor
- Lot Size Square Feet: 9992
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Listing Information
Listing Price Information
- Original List Price: 1,750,000
- Listing Contract Date: 2025-07-09
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 6160002026
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Postal Code Plus 4: 6672
- Directions: South of Compton Blvd and West of Oleander Ave
- Zoning: COPRH*
- Source Property Type: Residential Income
- Area: 699 - Not Defined
- Property SubType: Apartment
Building and Construction
- Property Age: 70
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
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BuyOwner last updated this listing 07/25/2025 @ 17:12
- MLS: PW25153987
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 5,340 sqft, 9,992 sized lot, and 4 parking. are nearby neighborhoods.