7312 Neo Street, Downey, California 90241

  • $5,125,000
7306 7312 Neo Street, Downey, CA 90241
Active
7312 Neo Street, Downey, California 90241
7306 7312 Neo Street, Downey, CA 90241
  • $5,125,000

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
  • 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: Residential Income, Apartment
  • 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

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman