7312 Neo Street, Downey, California 90241
  • $5,125,000

Overview

Property ID: PW26065659
  • Apartment, Residential Income
  • Property Type
  • 16.0
  • Garages
  • 10524 Sqft
  • Area Size
  • 1957
  • Year Built

Description

Introducing Twin Palms at 7306-7312 Neo Street, a prime investment opportunity in Downey, CA. This ±10, 524 SF building, constructed in 1957, comprises (16) immaculately renovated units, offering an attractive mix of 1, 2, and 3-bedroom layouts. With garage parking, copper plumbing, and SB721 compliance, Twin Palms provides investor peace of mind and a sought-after option in the vibrant Downey rental market. Notably, it is not subject to municipal rent control, adding further appeal. This property presents an excellent opportunity for a multifamily investor seeking a lucrative addition to their portfolio. Additionally, the property features a laundry facility, a charming courtyard, and is conveniently located in close proximity to major employment centers and freeways, enhancing its appeal as a valuable investment in the thriving Downey area.

  • Address: 7306 7312 Neo Street
  • City: Downey
  • State/county: CA
  • Zip/Postal Code: 90241
  • Country: US

Details

Updated on June 23, 2026 at 10:48 pm
  • Property ID PW26065659
  • Price $5,125,000
  • Property Size 10524 Sqft
  • Land Area 0.3006 Acres
  • Garages 16.0
  • Year Built 1957
  • Property Type Apartment, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking Assigned
  • Community Features Curbs

Mortgage Calculator

Schedule a Tour

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare