Listing provided courtesy of Doug Rodermund of Morgan Skenderian. Last updated . Listing information © 2026 Sandicor.
Asking Price: $5,125,000
7306 Neo Street, Downey CA 90241
Community:
This ResidentialIncome property was built in 4800 and is priced at $5,125,000. Please see the additional details below.
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.
