$4,500,000

11502 11506 Adco Avenue, Downey, CA 90241

  • 16 beds |
  • 16 baths |
  • 8,616 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $522/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

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.

Listing Status:
Active
Date Added:
October 20, 2025 at 05:00AM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Mark Ventre : 323-202-9741
MLS ID:
25608361
  • Appliances: DisposalRefrigerator
  • Laundry: Common Area
  • Flooring: CarpetTile
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: UncoveredParking spaces: 16
  • Roofing: CompositionShingle
  • General: Stucco2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: DOR3*6231003004
  • View: None
  • Source: CRMLS_CL

This listing courtesy of Mark Ventre, Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Williams Elementary

7530 Arnett St, Downey, CA, 90241

Grades KG-3

0.21 miles away

S

Stauffer Middle School

11985 Old River School Rd, Downey, CA, 90242

Grades 6-8

0.61 miles away

W

Warren High School

8141 De Palma St, Downey, CA, 90241

Grades 9-12

0.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.