7338 Neo St
Downey, CA 90241

Bd   Ba   8,616 Sqft   240 Days
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.
  • $0 HOA
  • $337/Sqft
  • MLS#PW16191185 provided by Kevin King of Marcus & Millichap
  • Movoto last checked CRMLS for new data 10 minutes ago
  • CRMLS last updated this listing 4 months ago

Home Features for 7338 Neo Street, Downey

Year Built: 1956
Lot Size Square Feet: 13159
Lot Size Units: Square Feet
Price Per Square Foot: 336.58
Tax Tract Number: 16372
New Taxes Expense: 33188
Parcel Number: 6231006005
Special Listing Conditions: Standard
Standard Status: Closed
Exterior
Levels: Two
Common Walls: 2+ Common Walls
Building Area Units: Square Feet
Number Of Buildings: 2
Building Area Total: 8616
Parking Total: 12
Garage Spaces: 12
Number Of Units Total: 16
Property Attached Y/N: 1
Amenities / Utilities
Sewer: Unknown
Trash Expense: 650
Water Sewer Expense: 2083
Electric Expense: 2083
Community Features: Curbs
Pool Features: None
See More
Talk to Movoto
About Selling

Property History for 7338 Neo Street, Downey

Status
Date
Price
Sold
Apr 27, 2017
$2,900,000
Pending
Mar 24, 2017
Price Change
Oct 12, 2016
$2,950,000
Listed
Aug 30, 2016
$3,150,000
#PW16191185

Real Estate Market Statistics for 7338 Neo Street, Downey

YOU ARE HERE

7338 Neo Street

No data!
Downey
Downey
90241
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$2.95M

7338 Neo Street

$709K

Downey

-1% y/y

Downey

$725K

90241

-1% y/y

90241

$699K

Downey

-3% y/y

Downey

See all trends for Downey

Refinance Rates for 7338 Neo Street, Downey

Movoto & LendingTree are working together to find great rates for your next real estate transaction.

Loading...
Powered by
See More Rates
As of , there are 49 properties listed for sale in ZIP code 90241 and 127 properties listed for sale in the city of Downey, CA. Those 127 properties include 109 single family homes and 18 condos. This property at 7338 Neo St in 90241 was last listed for $2,900,000. This is 314% above the current median price of $699,999 for Downey and 300% above the median of $725,000 for 90241. 7338 Neo St is approximately 8,616 Sqft, which is 340% above the Downey median of 1,957 and 317% above the 90241 ZIP code median of 2,066. This property's price per square foot was $337, which is 0.9% below the current median price in 90241 of $340 and 4% below the Downey median of $351 per Sqft.
Built in 1956, this multi family house at 7338 Neo St, Downey CA, 90241 is approximately 8,616 square feet and comes with 12 parking spots. It was last listed with a cost per Sqft of $337. 7338 Neo St is located in the Downey neighborhood in the Downey Unified. The closest school is Williams Elementary School.

7338 Neo St, Downey CA, 90241 was on the market for 240 days. The median days on the market for properties in this area is 40 with a median list price of $699,999 and median cost per square foot of $351. Its current status is sold under the MLS #PW16191185.

View active properties and off-market properties in this area. Or connect with a top-rated Movoto agent to learn about Downey market trends and find homes like this one.
Movoto
Downey Agent

I'm happy to give you a quick call to answer all your questions about this home and schedule a tour.