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$5,125,000

7306 Neo Street, Downey, CA 90241

6Beds
3Baths
4800Built
1Days Listed

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.

Property Location

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
6
Bathrooms
3
Building Area
0 Sqft
Living Area
0 sqft
Year Built
4800
Status
Active
Days on Market
1
Cumulative Days on Market
1
Original Price
$5,125,000

Location & Neighborhood

What's nearby 7306 Neo Street, Downey, CA 90241

Nearby Schools

Parks & Recreation

Local Amenities

Grocery

Dining

POI data updated 3/26/2026

Downey Market Snapshot

69

Active Listings

$875K

Median Price

81

Avg Days on Market

Last updated: Mar 26, 2026

Listed by

Doug Rodermund, Morgan Skenderian · 949-251-8800

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$5,125,000