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Listed by: Doug Rodermund (949) 251-8800 DRE #01314304 | Morgan Skenderian (949) 251-8800
$5,125,000
6 Beds
- 3 Baths
--sqft
7306 Neo St, Downey, CA 90241
$5,125,000
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Apartment
Built in 1957
$-- HOA
13,094 sqft lot
--/sqft
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 c...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1957
HOA Fees
-
Finished Area
- sqft
Lot Size
13,094 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26065659
MLS Status
Active
Days on Market
64
Cumulative Days on Market
61
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