7306 7312 Neo St
downey, CA 90241US$5,125,000
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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.
Details
10,524 Sq Ft
0.3006 Private Acres Lot Size
apartment
US$5,095 Monthly Tax
Built in 1957
MLS/Listing ID PW26065659
2 Stories
16 Units
Amenities & Features
Parking - Assigned
Lot - Rectangular Lot
Common Area
Community - Curbs
Public Water
Public Sewer
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TOTAL MONTHLY COST
US$0
- PRINCIPAL & INTEREST
US$0
- PROPERTY TAXES
US$0
- Common Charges
US$0
HOME PRICE
DOWN PAYMENT
TERM
INTEREST
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.