7306-7312 Neo Street, Downey, CA

$5,125,000

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6

Beds

3

Baths

0.30

Acres

About 7306-7312 Neo Street

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.

Features of 7306-7312 Neo Street

MLS® # PW26065659
Price $5,125,000
Bedrooms 6
Bathrooms 3.00
Acres 0.30
Year Built 4800
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 7306-7312 Neo Street
Area DOWNEY (90241)
City Downey
County Los Angeles
State CA
Zip Code 90241

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs

Additional Information

Date Listed March 26th, 2026
Days on Market 104
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMorgan Skenderian

Listing Map

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