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$4,999,995
7370 Neo Street, Downey, CA 90241
5Beds
4Baths
224Days Listed
Listed by Magdy Mikhail, American Realty Associates | 949-275-2701
About This Property
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!
Virtual Tour
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 5
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 224
- Cumulative Days on Market
- 176
- Original Price
- $5,249,000
Location & Neighborhood
What's nearby 7370 Neo Street, Downey, CA 90241
Nearby Schools
- Spencer V. Williams Elementary School0.2 mi
elementary
- Mary R. Stauffer Middle School0.5 mi
elementary
Transit Access
- Old River School & Arnett0.1 mi
Bus Stop
- Firestone / Old River School0.2 mi
Bus Stop
- Firestone / Ryerson0.3 mi
Bus Stop
- Stewart -Gray & Old River School0.4 mi
Bus Stop
- Old River School & Pellet0.4 mi
Bus Stop
POI data updated 2/9/2026
Downey Market Snapshot
75
Active Listings
$829K
Median Price
62
Avg Days on Market
Last updated: Jan 21, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$4,999,995