- 1 Bed
- 1 Bath
- 8,616 Sqft
- .33 Acres
11502 11506 Adco Avenue
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.
Essential Information
- MLS® #25608361
- Price$4,500,000
- Bedrooms1
- Bathrooms1.00
- Square Footage8,616
- Acres0.33
- Year Built1956
- TypeResidential Income
- StatusActive
Community Information
- Address11502 11506 Adco Avenue
- CityDowney
- CountyLos Angeles
- Zip Code90241
Area
D3 - Southwest Downey, S of Firestone, W of Downey
Amenities
- Parking Spaces16
- ParkingUncovered
- GaragesUncovered
- ViewNone
Interior
- InteriorCarpet, Tile
- AppliancesDisposal, Refrigerator
- HeatingWall Furnace
- CoolingWall/Window Unit(s)
- # of Stories2
- StoriesTwo
Exterior
- ExteriorStucco
- RoofComposition, Shingle
- ConstructionStucco
Additional Information
- Date ListedOctober 20th, 2025
- Days on Market20
- ZoningDOR3*
Listing Details
- AgentMark Ventre
Office
Lyon Stahl Investment Real Estate, Inc.
Mark Ventre, Lyon Stahl Investment Real Estate, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of November 18th, 2025 at 5:30pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.