11506 Adco Ave Downey, CA 90241
Estimated payment $26,651/month
Highlights
- Community Barbecue Grill
- Tile Flooring
- Gated Home
- Williams Elementary School Rated 9+
- Laundry Facilities
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.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. License #01811490 Listed on: 10/20/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956 | Remodeled
Lot Details
- 0.33 Acre Lot
- Gated Home
Home Design
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 8,616 Sq Ft Home
- 2-Story Property
- Leased Washer and Dryer
Kitchen
- Oven or Range
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 16 Bedrooms
- 16 Bathrooms
Parking
- 16 Open Parking Spaces
- 16 Parking Spaces
Utilities
- Cooling System Mounted To A Wall/Window
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
- Central Water Heater
Listing and Financial Details
- Assessor Parcel Number 6231-003-004
Community Details
Overview
- 2 Buildings
- 16 Units
- Low-Rise Condominium
Amenities
- Community Barbecue Grill
- Laundry Facilities
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2026 01/22/26 | Price Changed | $4,300,000 | -4.4% | $499 / Sq Ft |
| 10/20/2025 10/20/25 | For Sale | $4,500,000 | -- | $522 / Sq Ft |
Source: The MLS
MLS Number: 25608361
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Information is deemed reliable but not guaranteed.
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