11502 Adco Avenue, Downey, CA 90241

Downey
Local realty services provided by:ERA North Orange County Real Estate
11502 Adco Avenue,Downey, CA 90241
$4,300,000
  • 16 Beds
  • 16 Baths
  • 8,616 sq. ft.
  • Multi-family
  • Active
Listed by: mark ventre
Office: lyon stahl investment real estate, inc.
MLS#:25608361
Source:CRMLS

Price summary

  • Price:$4,300,000
  • Price per sq. ft.:$499.07

About this home

The Adco Avenue Apartments is a fully renovated and stabilized asset in one of L.A. County's most competitive suburban markets. Located in the strategic 605/710 Corridor, the property offers strong in-place cash flow and long-term growth. Downey is a non-rent-controlled city governed solely by AB 1482, allowing annual rent increases of up to 8%. The property is offered at a 5.21% cap rate, above the market average, creating immediate yield in a submarket known for tighter pricing. Property consists of (2) 8-unit buildings with separate APNs so no on-site manager required (APNs: 6231-003-004 & 6231-004-005). Sixteen one-bedroom, one-bath units. Property is master metered, though ownership has implemented RUBS.

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Home facts

  • Year built:1956
  • Listing ID #:25608361
  • Added:167 day(s) ago
  • Updated:April 05, 2026 at 10:31 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Flooring:Carpet, Tile
  • Kitchen Description:Disposal, Refrigerator
  • Living area:8,616 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1956
  • Building area:8,616 sq. ft.
  • Lot area:0.33 Acres
  • Construction Materials:Stucco
  • Levels:2 Story

Finances and disclosures

  • Price:$4,300,000
  • Price per sq. ft.:$499.07

Features and amenities

  • Appliances:Disposal

Parking

  • Total parking spaces:16
  • Parking description:Uncovered
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