11502 11506 Adco Avenue, Downey, CA 90241 (MLS # 25608361)

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PRICE $4,500,000 dsIDX morgage calculator
BEDS 16
BATHS 16
HOME SIZE 8,616 sqft
LOT SIZE 14,489 sqft
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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.

DAYS ON MARKET 3 LAST UPDATED 10/20/2025
YEAR BUILT 1956 COMMUNITY D3 - Southwest Downey, S of Firestone, W of Downey
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Disposal, Refrigerator
AREA D3 - Southwest Downey, S of Firestone, W of Downey
CONSTRUCTION Stucco
HEAT Wall Furnace
LOT 0.3326 acre(s)
STORIES 2
VIEW DESCRIPTION None
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Listed with Lyon Stahl Investment Real Estate, Inc.

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