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$5,125,000
New Listing

7306 Neo Street
Downey, CA 90241

For Sale|Multi Family|Active
6
Beds
3
Total Baths

SqFt

/SqFt
County:
Los Angeles
Listed by Doug Rodermund of Morgan Skenderian (949) 251-8800

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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.

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Listing Snapshot
Price 
$5,125,000
Days On Site 
0 Days
Bedrooms 
6
Inside Area (SqFt) 
0.0 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3006 Acres
Year Built 
N/A
MLS® Number 
PW26065659
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing updated with changes from the MLS®
8 hours agoListing first seen on site
General Features
Number Of Stories 
2
Property Sub Type 
Multi Family
Zoning 
Assessor
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Community Features
Community Features 
Curbs
Financing Terms Available 
CashConventional
Listed by Doug Rodermund of Morgan Skenderian (949) 251-8800



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.

Last checked 2026

Neighborhood & Commute
Source: Walkscore
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