7370 Neo, Downey CA 90241 for sale - Presented to you by Terrence Griffin of San Diego California
Listing provided courtesy of Magdy Mikhail of American Realty Associates. Last updated 2025-08-02 08:11:37.000000. Listing information © 2025 Sandicor.

Asking Price: $5,249,000 | ​​​​​​​

7370 Neo, Downey CA 90241

Community: ​D2 - Northwest Downey, N of Firestone, W of Downey


This Apartment property was built in 1957 and is priced at $5,249,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: OC25168654
  • Type: Apartment
  • Year Built: 1957
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!

Call or Email Terrence Griffin now to inquire about this property

619-952-0152