Overview
- Apartment
- 16
- 1957
Description
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.
Address
Open on Google Maps- Address Neo
- City Downey
- State/county Los Angeles
- Zip/Postal Code 90241
Details
Updated on March 27, 2026 at 5:08 am- Property ID: HZPW26065659
- Price: $5,125,000
- Garages: 16
- Year Built: 1957
- Property Type: Apartment
- Property Status: ResidentialIncome
- Listed by: Doug Rodermund
- DRE #: 01314304
- Contact Mail: dsr@morganskenderian.com
- Brokered by: Morgan Skenderian
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