$5,125,000
7306 7312 Neo Street
Downey, CA 90241
—
Beds
—
Baths
13,094
Square feet
1957
Built
Listing narrative
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.
Property Details
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Price
$5,125,000
Beds
Beds n/a
Type
Condo
Home Size
13,094 sqft
Baths
Baths n/a
Lot Size
0.30 acres
Year
1957
Status
For Sale
Days on Market
225
$ / Sqft
$391
Courtesy of Morgan Skenderian






