7312 Neo Street, Downey, California 90241
- $5,125,000
Overview
- Apartment, Residential Income
- 16.0
- 10524 Sqft
- 1957
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
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Address: 7306 7312 Neo Street
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City: Downey
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State/county: CA
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Zip/Postal Code: 90241
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Country: US
Details
Updated on June 23, 2026 at 10:48 pm-
Property ID PW26065659
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Price $5,125,000
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Property Size 10524 Sqft
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Land Area 0.3006 Acres
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Garages 16.0
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Year Built 1957
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Property Type Apartment, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Assigned
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Community Features Curbs
Mortgage Calculator
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