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Listed by Morgan Skenderian, Doug Rodermund, Listing Contact: [email protected]

$5,125,000

7306 7312 Neo ST, Downey CA, 90241

Price per sqftN/A
Built in1957
Property typeMulti-family

Overview

Active

Listed Mar 26, 2026

Updated 9 days ago

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
CRPW26065659

Interior Features

Basement
No

Exterior Features

Lot Size
0.3 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Morgan Skenderian, Doug Rodermund DRE:01314304,
Listing Contact: [email protected] 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Casa Divina Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Casa Divina Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 1:29 PM UTC, 9/28/2026

 

 

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