7370 Neo Street, Downey, CA 90241

  • $4,999,995
7370 Neo Street

Overview

Property ID: HZOC25168654
  • Apartment
  • Property Type
  • 0
  • Garage
  • 1957
  • Year Built

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 Neo
  • City Downey
  • State/county Los Angeles
  • Zip/Postal Code 90241

Details

Updated on December 23, 2025 at 8:06 pm
  • Property ID: HZOC25168654
  • Price: $4,999,995
  • Garage: 0
  • Year Built: 1957
  • Property Type: Apartment
  • Property Status: ResidentialIncome
  • Listed by: Magdy Mikhail
  • DRE #: 01804935
  • Contact Phone: 9492752701
  • Contact Mail: mikhailmagdy1@hotmail.com
  • Brokered by: American Realty Associates

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