Prime Investment Opportunity in the Heart of Downey
Welcome to 7370 Neo Street, a well maintained multifamily gem located in one of Downeys 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 freewaysmaking 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 youre expanding your portfolio or making your first multifamily acquisition, this property delivers.
Dont miss your chance to own a rare multifamily opportunity in one of Southeast LA Countys most stable and sought after submarkets!