7370 Neo ST
Downey, CA, 90241
$4,999,995
Beds
0 Baths
0 SqFt
0.3 Acres
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MLS #OC25168654 image #0
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!

Property Details

Price:
$4,999,995
MLS #:
OC25168654
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
d2northwestdowneynoffirestonewofdowney
Listed Date:
Jul 29, 2025
Total Sq Ft:
11,344
Lot Size:
13,230 sqft / 0.30 acres (approx)
Year Built:
1957
D2 – Northwest Downey, N Of Firestone, W Of DowneyD2northwestdowneynoffirestonewofdowney

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Schools

Interior

Appliances
GD, BIR, EO, ER
Cooling
WW
Heating
FA
Laundry Features
AR

Exterior

Community Features
SUB
Parking Spots
14

Financial

Gross Operating Income
$353,822
Maintenance Fee
$249
Net Operating Income
$285,165

Map

Community

Market Summary

Current real estate data for Single Family in Downey as of Feb 02, 2026
105
Single Family Listed
75
Avg DOM
470
Avg $ / SqFt
$1,003,867
Avg List Price

Property Summary

    7370 Neo ST Downey CA is a Single Family for sale in Downey, CA, 90241. It is listed for $4,999,995 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1957. The average price per square foot for Single Family listings in Downey is $470. The average listing price for Single Family in Downey is $1,003,867.

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7370 Neo ST
Downey, CA