7338 Neo Street, Downey, CA 90241

$2,950,000 Approx. USD 0 beds, 0 baths
8,616 sqft

Agent Remarks

We are pleased to present a 16 unit apartment building located at 7338 Neo Street in the City of Downey, CA. The Bahamas Apartments is located just south of Firestone Boulevard in the non-rent-control city of Downey. Built in 1956, the subject property consists of approximately 8,616 square feet set on a 13,159 square foot lot. The two story property consists of 16 one bedroom / one bathroom units, all set around a very well maintained courtyard. The property also features an income producing laundry room and a carport for each unit for the tenants' convenience. The subject property provides residents easy access to the 605, 710, 5, & 105 freeways and is centrally-located between the city of Los Angeles and Orange County. This is a rare opportunity to acquire a quality asset in the excellent rental market of Downey. The outstanding location make The Bahamas Apartments a fantastic addition to any investor's portfolio.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# PW16191185
List price is $2,950,000 Reduced by $200,000 on 10/12/2016
Beds: 0
Baths: 0
Built in 1956
8,616 sqft
2 stories
0.30 acres
Lot size: 13159.000
County: Los Angeles
Zoning: DOR3*
MLS area: 699 - Not Defined

Last Updated: 1/17/2017

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This listing belongs to the 699 - Not Defined MLS area

The listing is zoned DOR3.
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Lat/Long: 33.945385, -118.152267.
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Broker: Courtesy of Marcus & Millichap
Listing Agent: Kevin King
Co Listing Agent: Ryan Gonzalez

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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