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Listed by Morgan Skenderian, Doug Rodermund, Listing Contact: 949-251-8800 
6 Beds
3 Baths

$5,125,000

7306-7312 Neo Street, Downey CA, 90241

Property typeMulti-family

Overview

Active

Listed Mar 26, 2026

Updated Aug 11

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.

$34,097/mo

Est. mortgage payment based on a $5,125,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26065659

Interior Features

Bedrooms
6
Bathrooms
3
Basement
No

Exterior Features

Lot Size
0.3 Acres

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Data last updated 5:13 AM UTC, 8/11/2026

   

 

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