Property Details
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.
MLS Listing Information
MLS #
CRPW26065659
MLS Source
California Regional MLS
Days on Site
0
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 16 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
7306 7312 Neo St is a Residential Income in Downey, CA 90241. This – square foot property sits on a 13,094 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,125,000 and was built in 1957. This address can also be written as 7306 7312 Neo St, Downey, CA 90241.
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This listing information is up-to-date as of March 26, 2026. For the most current information, please contact Doug Rodermund
