Neo ST Lot 4
Downey, CA, 90241
$5,249,000
Beds
0 Baths
0 SqFt
0.3 Acres
Add
MLS #OC25168654 image #0MLS #OC25168654 image #1MLS #OC25168654 image #2MLS #OC25168654 image #3MLS #OC25168654 image #4MLS #OC25168654 image #5MLS #OC25168654 image #6MLS #OC25168654 image #7MLS #OC25168654 image #8MLS #OC25168654 image #9MLS #OC25168654 image #10MLS #OC25168654 image #11MLS #OC25168654 image #12MLS #OC25168654 image #13MLS #OC25168654 image #14MLS #OC25168654 image #15MLS #OC25168654 image #16MLS #OC25168654 image #17MLS #OC25168654 image #18MLS #OC25168654 image #19MLS #OC25168654 image #20MLS #OC25168654 image #21MLS #OC25168654 image #22MLS #OC25168654 image #23MLS #OC25168654 image #24MLS #OC25168654 image #25MLS #OC25168654 image #26MLS #OC25168654 image #27MLS #OC25168654 image #28MLS #OC25168654 image #29MLS #OC25168654 image #30MLS #OC25168654 image #31MLS #OC25168654 image #32MLS #OC25168654 image #33MLS #OC25168654 image #34MLS #OC25168654 image #35MLS #OC25168654 image #36MLS #OC25168654 image #37
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:
$5,249,000
MLS #:
OC25168654
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
d2
Listed Date:
Jul 29, 2025
Total Sq Ft:
11,344
Lot Size:
13,230 sqft / 0.30 acres (approx)
Year Built:
1957
D2D2

Ask a Question

See this Listing

Send
  

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 Nov 01, 2025
73
Single Family Listed
45
Avg DOM
471
Avg $ / SqFt
$1,001,662
Avg List Price

Property Summary

    Neo ST Lot 4 Downey CA is a Single Family for sale in Downey, CA, 90241. It is listed for $5,249,000 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 $471. The average listing price for Single Family in Downey is $1,001,662.

Similar Listings Nearby

broker reciprocity
MLS# PW25243487broker reciprocity
Blaine Lot 3
Bellflower, CA

$5,100,000

3.9 miles away

broker reciprocity
MLS# DW25241563broker reciprocity
Downey AV Lot D
Downey, CA

$3,950,000

1.3 miles away

broker reciprocity
MLS# PW25238863broker reciprocity
Woodruff Lot 1
Bellflower, CA

$3,950,000

4.1 miles away

Neo ST Lot 4
Downey, CA