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7306-7312 Neo Street, 
Downey, CA 90241

$5,125,000

6

Beds

3

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Doug Rodermund

Morgan Skenderian

Last updated:

May 15, 2026, 02:16 PM

MLS#

PW26065659

Source:

San Diego MLS via CRMLS

About This Home

7306-7312 Neo Street

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.

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 4800

Price Summary

5,125,000

MLS #:

PW26065659

Last Updated:

May 15, 2026, 02:16 PM

Added:

1 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Structure

Structure

Year Built:

4800

Finances & Disclosures

Finances

Price:

$5,125,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.