Property Detail

7370 Neo Street

Downey CA 90241

$5,249,000

Status: Active

Property Details

Description

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!

Map Location

Listing provided courtesy of Magdy Mikhail of American Realty Associates. Last updated . Listing information © 2025 SANDICOR.

john Doe

Mary Afzali

DRE# 02206927
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