11502 Adco Avenue, Downey, CA 90241
Local realty services provided by:CENTURY 21 Synergia Realty
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:149 day(s) ago
- Updated:March 19, 2026 at 10:36 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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