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Sold on 09/23/2025
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342 W Palm St, Compton, CA 90220

$860,000

Last sold 09/23/2025 after 54 Days

  • —

    bed

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    bath

Multi-family not for sale
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About 342 W Palm St

Property type Multi-family
Neighborhood
Year built 1955
HOA fee $0/month
Lot size 4,996 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Side-by-Side Fourplexes Eligible for Individual Residential Loans, Renovated Inside & Out – Pride of Ownership, Enclosed Detached Garages, Washing-Machine Hookups Inside Units, Easy Upside in Rental Income for a New Owner, and Excellent Rental Area Near City Hall & New Housing Development.
Listed by
Listing Agent - Doug Rodermund
Listing Agent Contact: Dsr@morganskenderian.com
Listing Office - Morgan Skenderian
Source: CRMLS mls logo
MLS#PW25169789 • last updated 1 year ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Active
Lot Size (Acres) 0.1147
Lot Size (SqFt) 4996
Property Tax 14191
Year Built 1955
Interior
Exterior
Building Area Square Feet, 2670
# Parking Spaces 2
# Garage Spaces 2
Lot Description Rectangular Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs, Gutters, Sidewalks
Zoning COPRH*
Directions South Of Compton Blvd And West Of Willowbrook Ave
APN 6160002026
Multifamily Details
Vacancy Allowance 3228
Expense: Trash 1159
Operating Expense 26251
Cap Rate 8.9
Expense: Insurance 2670
Total Expenses 26251
Expense: Maintenance 2000
Expense: Water/ Sewer 1159
Gross Operating Income 104376
Expense: Electric 1159
Gross Multiplier 8.13
Gross Scheduled Income 107604
Expense: Fuel 1159
Expense: Gardener 600
Rental est.: $4,500/month
Gross rent multiplier: 15.9
  • Sep 2025
    mls logo MLS # PW25169789
  • Sep 23, 2025 Sold
    $860,000 (-50.0%)
  • Aug 13, 2025 Active
    —
  • Jul 31, 2025 Listed
    $875,000 (-50.0%)
  • Sep 2025
    mls logo MLS # PW25153987
  • Sep 23, 2025 Sold
    $1,720,000 (+96.6%)
  • Aug 13, 2025 Active
    —
  • Jul 9, 2025 Listed
    $1,750,000 (+514.0%)
  • Jan 2014
    mls logo MLS # EV13245449
  • Jan 16, 2014 Sold
    $285,000 (+14.0%)
  • Dec 2, 2013 Listed
    $250,000 (-60.9%)
  • Apr 2007
    mls logo MLS # M105072
  • Apr 30, 2007 Expired
    —
  • Jan 23, 2007 Listed
    $640,000
  • 342 W Palm St
    $860K
  • Compton
    $627K -3% y/y
  • 90220
    $599K -2% y/y
  • Compton
    $620K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
Longfellow Elementary School
public Grades K-8
Compton Unified School District
6/10
Davis Middle School
public Grades 6-8
Compton Unified School District
4/10
Compton High School
public Grades 9-12
Compton Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/27/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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