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7370 Neo St

downey, CA 90241

$5,249,000

    INTERESTED? LET'S CONNECT

    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!

    Details

    11,344 Sq Ft

    0.3037 Private Acres Lot Size

    Apartment

    Built in 1957

    MLS/Listing ID OC25168654

    2 Stories

    14 Units

    Amenities & Features

    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

    CRMLS

    Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE

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    Interested in 7370 Neo St?