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$5,249,000
1 Day On Site

7370 Neo Street
Downey, CA 90241

For Sale|Apartment|Active
0
Beds
0
Total Baths
11,344
SqFt
$463
/SqFt
1957
Built
County:
Los Angeles
Listed by Magdy Mikhail of American Realty Associates mikhailmagdy1@hotmail.com
Call Now: +971-234-5678
Is this the listing for you? We can help make it yours.
+971-234-5678
7370 Neo Street7370 Neo Street7370 Neo Street7370 Neo Street
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Mortgage Calculator

Monthly Payment (Est.)

$23,948
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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!

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Listing Snapshot
Price 
$5,249,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
11,344 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3037 Acres
Year Built 
1957
MLS® Number 
OC25168654
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.3037
Carport 
4
Number Of Stories 
2
Parking 
AssignedCarport
Parking Spaces 
14
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
11344
Stories 
Two
Water Source 
Public
Zoning 
DOR3*
Interior Features
Appliances 
Built-In RangeElectric OvenElectric RangeDisposal
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Heating 
Forced Air
Laundry Features 
Common Area
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Exterior Features
Pool Features 
Community
Community Features
Building Access 
Front Gate
Community Features 
SuburbanPool
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
D2 - Northwest Downey, N of Firestone, W of Downey


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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