Units
16
Building Size
10,524 sf
Lot Size
13,094 sf
Status
Active
Listing Agent: Doug Rodermund, Morgan Skenderian
Downey
7306 7312 Neo Street
About This Property
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.
Unit Mix
- 1 unit · 1bd / 1ba
- 1 unit · 2bd / 1ba
- 1 unit · 3bd / 1ba
Neighborhood
This property is located in Downey. Want to learn more about the area?
Explore CommunitiesAsking Price
$5,125,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
Doug Rodermund
Morgan Skenderian
