7370 Neo Street new Save Request In-Person Tour Request Virtual Tour
Downey,CA 90241
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 11,344 sqft
Price per Sqft $462
MLS Listing ID OC-25168654
Year Built 1957
Lot Size 0.304 Acres
Property Sub-Type Apartment
Property Description
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!
Location
State CA
County Los Angeles
Area D2 - Nw Downey, N Firestone, W Downey
Zoning DOR3*
Interior
Heating Forced Air
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Assigned,Carport
Pool Community
Community Features Suburban
Building
Lot Description 11-15 Units/Acre
Sewer Public Sewer
Others
Virtual Tour https://realestate.merakiestatemedia.com/sites/gevvqvo/unbranded