7338 Neo St
Downey, CA 90241

Bd   — Ba   8,616 Sqft
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.
  • Property Type: Multi Family
  • MLS#: PW16191185
  • MLS:
  • Listing Office: Marcus & Millichap
  • Listed By: Kevin King
  • Movoto last checked CRMLS for new data 7 hours ago
  • CRMLS last updated this listing 2 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
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Property History for 7338 Neo Street, Downey

Apr 27, 2017
Mar 24, 2017
Price Change
Oct 12, 2016
Aug 30, 2016

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Real Estate Market Statistics for 7338 Neo Street, Downey


7338 Neo Street

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As of , there are 51 properties listed for sale in ZIP code 90241 and 114 properties listed for sale in the city of Downey, CA. Those 114 properties include 94 single family homes and 20 condos. This property at 7338 Neo St in 90241 was last listed for $2,900,000. This is 352% above the current median price of $642,000 for Downey and 346% above the median of $649,900 for 90241. 7338 Neo St is approximately 8,616 Sqft, which is 370% above the Downey median of 1,834 and 371% above the 90241 ZIP code median of 1,831. This property's price per Sqft was $337, which is 2% below the current median price in 90241 of $343 and 3% below the Downey median of $348 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 34 with a median list price of $642,000 and median cost per square foot of $348. Its current status is sold under the MLS #PW16191185.

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