342-346 W Palm St | Compton, CA 90220
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- LoopNet Team
342-346 W Palm St
Compton, CA 90220
Palm Terrace Apartments · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Side-by-Side Fourplexes Eligible for Individual Residential Loans
- Enclosed Detached Garages
- 7.4% Cap Rate on Current Rents - Easy Upside in Rental Income for a New Owner
- Renovated Inside & Out – Pride of Ownership
- Washing-Machine Hookups Inside Units
- Excellent Rental Area Near City Hall & New Housing Development
Property Facts
| No. Units | 8 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 5,340 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1955 |
| Zoning | COPRH* | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 5,340 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1955 |
| Zoning | COPRH* |
Amenities
Unit Amenities
- Washer/Dryer Hookup
Site Amenities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,719 | 600 |
| 2+1 | 4 | $2,013 | 735 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $453,560 | |
| Land Assessment | $245,162 | Total Assessment | $698,722 |
Property Taxes
Parcel Numbers
Land Assessment
$245,162
Improvements Assessment
$453,560
Total Assessment
$698,722
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