445 West Palm Street

Compton, CA 90220

$1,049,000
Price
—
Beds
4,655 Sq. Ft.
$225 / Sq. Ft.
4,655
Sq. Ft.
$225
per Sq. Ft.

Description

Excellent investment property with steady cash flow! This building consists of 5 units, each with 2 bedrooms and 1 bath. All units are currently occupied. Three units are upstairs, and two units with downstairs entrances. Each unit has its own 1-car garage, and is individually metered for gas and electric. Three additional 1-car garage parking spaces available for an added fee. This is a great opportunity to start collecting income!Excellent investment property with steady cash flow! This building consists of 5 units, each with 2 bedrooms and 1 bath. All units are currently occupied. Three units are upstairs, and two units with downstairs entrances. Each unit has its own 1-car garage, and is individually metered for gas and electric. Three additional 1-car garage parking spaces available for an added fee. This is a great opportunity to start collecting income!
  1. Listed by Lien Pham • DRE #02025081 • Brokerage DRE #02064239 • Fortune Weavers Realty Inc.

Property Details for 445 West Palm Street

Total Units
15.0
Lot Size Source
Assessor
Building Area Total
4655
Building Area Units
Square Feet
Parcel Number
6161024011
Area
Compton S of Rosecrans, E of Central, W of Alameda (RP)
Directions
Cross streets S. Oleander Ave., & S. Barron St, off W. Compton Blvd.
LISTING UPDATED: 09/03/2020 11:06 AM

Property Details for 445 West Palm Street

StatusActive
MLS #OC20118589
Days on Market1535
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1987
Lot Size0.17 AC / 7,529 SF
CountyLos Angeles County

Building Information for 445 West Palm Street

Stories-Residences-Year Built1987Building Size-Lot Size0.17 AC / 7,529 SF

Property Information for 445 West Palm Street

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $76,830
  • Net Operating Income: $65,925
Expense Details
  • Operating Expense: $10,905
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot
  • Land Use: Multi-Family
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,295
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: Unit A
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,295
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: Unit B
Unit 3
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,402
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
  • Unit Type Description: Unit C
Unit 4
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,295
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
  • Unit Type Description: Unit D
Unit 5
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,645
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
  • Unit Type Description: Unit E
Unit Information
  • Number Of Units Leased: 5

Property History for 445 West Palm Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 445 West Palm Street

Taxable ValueLand$520,200Additions$754,290Total$1,274,490
Tax Record2024$22,408 ($1,867 / month)
Home Facts
Total Finished SqFt4,655 SqFtAbove Grade Finished SqFt4,655 SqFtLot Size7,529 SqFtStyleMulti-Family Res (5+ Units)Year Built1987ZoningCOCL*CountyLOS ANGELESAPN6161-024-011

Schools near 445 West Palm Street

This home is within Compton Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Longfellow Elementary School
PublicK to 8

Davis Middle School
Public6 to 8

Compton High School
Public9 to 12

Compton Early College High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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445 West Palm Street is a multi-family home for sale in Compton, CA 90220. This property was listed for sale on September 3, 2020 by Fortune Weavers Realty Inc., it's currently listed at $1,049,000. It has been on the market for a total of 1535 days and was last sold on August 20, 2021. This listing's school district is Compton Unified School District. Nearby schools include Longfellow Elementary School, Davis Middle School and Compton High School. 445 West Palm Street is a 0-bed, 0-bath, 4,655 sqft multi-family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fortune Weavers Realty Inc., Lien Pham, DRE #02025081

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.