11502 11506 Adco Avenue, Downey, CA 90241

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
11502 11506 Adco Avenue,Downey, CA 90241
$4,500,000
  • 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:$4,500,000
  • Price per sq. ft.:$522.28

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:1 day(s) ago
  • Updated:October 22, 2025 at 01:52 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Living area:8,616 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1956
  • Building area:8,616 sq. ft.
  • Lot area:0.33 Acres

Finances and disclosures

  • Price:$4,500,000
  • Price per sq. ft.:$522.28
Based on information from California Regional Multiple Listing Service, Inc. as of October 22, 2025 . 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. 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, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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