7370 Neo Street, Downey, CA 90241 - Photo 1 of 38, Downey, CA
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$4,999,995

7370 Neo Street, Downey, CA 90241

5Beds
4Baths
0
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

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