Property Detail

7306 Neo

Downey CA 90241

$5,125,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Doug Rodermund of Morgan Skenderian. Last updated 2026-05-12 08:11:25.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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