7370 Neo Street, Downey, CA 90241

  • $4,999,995
  • $5,249,000
7370 Neo Street, Downey, CA 90241
Active
7370 Neo Street, Downey, CA 90241
7370 Neo Street, Downey, CA 90241
  • $4,999,995
  • $5,249,000

Description

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!

  • Address 7370 Neo Street
  • State/county CA
  • Zip/Postal Code 90241
  • Country US

Details

Updated on January 20, 2026 at 7:13 pm
  • Property ID: OC25168654
  • Price: $4,999,995
  • Property Size: 11344 Sqft
  • Land Area: 0.3037 Acres
  • Garage Size: x x
  • Year Built: 1957
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Additional details

  • Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: Community
  • Parking: Assigned, Carport
  • Community Features: Suburban, Pool

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