7338-7340 Neo St
Downey, CA 90241
The Bahamas Apartments · Multifamily Property For Sale
·
16 Units
Property Facts
| No. Units | 16 | Building Size | 8,832 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | B | Parking Ratio | 1.36/1,000 SF |
| Lot Size | 0.30 AC | ||
| Zoning | R3 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.30 AC |
| Building Size | 8,832 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 1.36/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Carpet
- Vinyl Flooring
Site Amenities
- Courtyard
- Fenced Lot
- Laundry Facilities
About 7338-7340 NEO ST , DOWNEY, CA 90241
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 Taxes
| Parcel Number | 6231-006-005 | Improvements Assessment | $3,077,503 |
| Land Assessment | $1,379,570 | Total Assessment | $4,457,073 |
Property Taxes
