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11502 11506 Adco Avenue, Downey, CA 90241

Local realty services provided by:CENTURY 21 Lois Lauer Realty
11502 11506 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:96 day(s) ago
  • Updated:January 25, 2026 at 11:31 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • 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

Finances and disclosures

  • Price:$4,300,000
  • Price per sq. ft.:$499.07
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Lois Lauer Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Lois Lauer Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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