Prime Investment Opportunity in the Heart of Downey
Welcome to 7370 Neo Street, a well-maintained multifamily gem located in one of Downey’s most desirable residential neighborhoods. This income-producing property features 14 spacious units, each offering comfortable layouts, private entrances, and dedicated parking. Nestled on a 13,068 sf lot, the property provides a rare combination of location, stability, and upside potential.
10 units are 2-bed, 1.5-bath and 4 units are 3-bed, 1.5 bath, and several have been recently updated with modern finishes, upgraded kitchens, newer flooring, and refreshed bathrooms (see interior pics). On-site amenities include [laundry facilities, carports, private yards, 14 parking spaces. Tenants enjoy walking distance to local schools, shopping centers, restaurants, and close to the 105, 605, and 5 freeways—making this a prime location for commuters and families alike.
With strong rental income, long-term tenants, and potential for increased cash flow, 7370 Neo Street is ideal for investors seeking solid returns in a low-vacancy, high-demand rental market. Whether you’re expanding your portfolio or making your first multifamily acquisition, this property delivers.
Don’t miss your chance to own a rare multifamily opportunity in one of Southeast LA County’s most stable and sought-after submarkets!
11,344 Sq Ft
0.3037 Private Acres Lot Size
Apartment
Built in 1957
MLS/Listing ID OC25168654
2 Stories
14 Units
Built-in Range
Electric Oven
Electric Range
Disposal
Community - Suburban
Cooling - Wall/window unit(s)
Heating - Forced Air
Community - Pool
Common Area
Parking - Assigned
Parking - Carport
Pool - Community

Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE
TOTAL MONTHLY COST
-
-
-