7370 Neo St

Downey, CA 90241

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.

Sales Price $5,249,000

Downey Apartment

Beds

5

Baths

4

Home Size

11344 Sq. Ft.

Lot Size

13230 Sq. Ft.

Request a Showing — 7370 Neo St

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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!

This home located at 7370 Neo ST is currently active and has been available on pardeeproperties.com for 0 day. This property is listed at $5,249,000. It has 5 beds and 4 bathrooms. The property was built in 1957. 7370 Neo ST is in the Northwest Downey, N of Firestone, W of Downey community of Los Angeles County.

Quick Facts

  • Built in 1957
  • Total parking spaces 14Car
  • Assigned, Carport
  • Apartment
  • Community | Northwest Downey, N of Firestone, W of Downey
  • MLS# | OC25168654MR

Features

  • Wall/Window Unit(s) Cooling
  • Forced Air Heat
Connect with an agent
(8)

Stephanie Carchia

Partner | DRE #02134853

Listed By Magdy Mikhail · American Realty Associates

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