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11502 11506 Adco Avenue, Downey, CA 90241
11502 11506 Adco Avenue
Overview
Property ID: HZ25608361
- 16
- 16
- 8616
- 1956
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.
Address
Open on Google Maps- Address Adco
- City Downey
- State/county Los Angeles
- Zip/Postal Code 90241
Details
Updated on February 12, 2026 at 5:08 am- Property ID: HZ25608361
- Price: $4,300,000
- Property Size: 8616 Sq Ft
- Bedrooms: 16
- Bathrooms: 16
- Year Built: 1956
- Property Status: ResidentialIncome
- Listed by: Mark Ventre
- DRE #: 01811490
- Contact Mail: mark.ventre@lyonstahl.com
- Brokered by: Lyon Stahl Investment Real Estate, Inc.
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