7370 Neo Street, Downey, CA

$5,249,000

Previous Next

5

Beds

4

Baths

0.30

Acres

About 7370 Neo Street

Prime Investment Opportunity in the Heart of Downey Welcome to 7370 Neo Street, a well-maintained multifamily gem located in one of Downeys 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 freewaysmaking 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 youre expanding your portfolio or making your first multifamily acquisition, this property delivers. Dont miss your chance to own a rare multifamily opportunity in one of Southeast LA Countys most stable and sought-after submarkets!

Features of 7370 Neo Street

MLS® # OC25168654
Price $5,249,000
Bedrooms 5
Bathrooms 4.00
Acres 0.30
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 7370 Neo Street
Area DOWNEY (90241)
City Downey
County Los Angeles
State CA
Zip Code 90241

Amenities

Is Waterfront No
Has Pool Yes
Pool Community/Common

Interior

Heating Forced Air Unit
Cooling Wall/Window
Fireplace Yes
Stories 2 Story

Additional Information

Date Listed July 22nd, 2025
Days on Market 8
Zoning Estimated
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAmerican Realty Associates

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?