$1,349,000
SOLD MAY 21, 2025

11520 Adco Ave Downey, CA 90241

8 Beds
4 Baths
3,249 Sq Ft
7,266 Sq Ft Lot

Recently Sold

$415 Per Sq Ft

7% Below List Price

66 Days on Market

Highlights

  • City Lights View
  • Lawn
  • Tile Countertops
  • Williams Elementary School Rated 9+
  • Crown Molding
  • Living Room

About This Home

As of May 2025

4 units in Downey, 3 on the first level and 1 on the 2nd level. Property includes a courtyard, and laundry room with washer and dryer. Each unit has it's own one car garage, plus one parking space in parking lot behind structure.

Last Agent to Sell the Property

Chris Baumann

EXCELLENCE RE REAL ESTATE Brokerage Phone: 562-244-3239 License #01162985 Listed on: 02/07/2025

Last Buyer's Agent

Bina Bengali

C-21 Astro License #00944892

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,267 Sq Ft Lot
  • Two or More Common Walls
  • West Facing Home
  • Rectangular Lot
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door

Property Views

  • City Lights
  • Courtyard

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,249 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Living Room
  • Tile Flooring
  • Security Lights
  • Tile Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 37
  • Tax Tract Number 16372
  • Assessor Parcel Number 6231003008

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $386
  • Insurance Expense $1,628
  • Trash Expense $4,116
  • Water Sewer Expense $2,086
  • Operating Expense $8,216
  • Gross Income $1,200
  • Net Operating Income $15,325

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

7,267 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security Lights
  • View: Yes
  • Water Sewer Expenses: 2086.00
  • Zoning: DOR3*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6231003008
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Crown Molding, Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 415.20
  • Room Type: Kitchen, Living Room

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • View: City Lights, Courtyard
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Trash Expense: 4116.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Rectangular Lot, Level
  • Lot Size Sq Ft: 7267.00
  • Lot Size Acres: 0.1668

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 386.00
  • Gross Income: 1200.00
  • Gross Scheduled Income: 78159.00
  • Insurance Expense: 1628.00
  • Lot Size Area: 7267.0000 Square Feet
  • Net Operating Income: 15325.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 4
  • Operating Expense: 13877.00
  • Rent Control: No
  • Total Expenses: 8216.00

Tax Info

  • Tax Census Tract: 5514.01
  • Tax Lot: 37
  • Tax Tract Number: 16372

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Apr 15, 2025
Sold by
John L Avila Living Trust and Avila John L
Bought by
Mungara Venkateswara Rao and Chirugudu Roopa Rani
Seller's Agent
Chris Baumann
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Bina Bengali
C-21 Astro
List Price
$1,449,000
Sold Price
$1,349,000
Premium/Discount to List
-$100,000
-6.9%
Views
96
Current Estimated Value
$1,314,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,343
Avg. Annual Appreciation
2.68%
Original Mortgage
$924,443
Outstanding Balance
$917,810
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$460,813

Purchase Details

Listed on
Sep 21, 2022
Closed on
Jan 3, 2023
Sold by
Avila John
Bought by
John L Avila Living Trust
Seller's Agent
Kevin King
Marcus & Millichap
Buyer's Agent
Chris Baumann
EXCELLENCE RE REAL ESTATE
List Price
$1,450,000
Sold Price
$1,300,000
Premium/Discount to List
-$150,000
-10.34%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Original Mortgage
$780,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2022
Closed on
Dec 16, 2022
Sold by
Ofelia Serrano Nunez Living Trust
Bought by
Avila John L
Seller's Agent
Kevin King
Marcus & Millichap
Buyer's Agent
Chris Baumann
EXCELLENCE RE REAL ESTATE
List Price
$1,450,000
Sold Price
$1,300,000
Premium/Discount to List
-$150,000
-10.34%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2019
Sold by
Serrano Nunez Ofelia
Bought by
Nunez Ofelia Serrano and Ofelia Serrano Nunez Living Tr

Purchase Details

Closed on
Sep 23, 2014
Sold by
Morales Gilberto Nunez
Bought by
Morales Gilberto Nunez and Nunez Ofelia Serrano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2011
Sold by
Morales Gilberto Nunez and Nunez Ofelia
Bought by
Morales Gilberto Nunez and Nunez Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Grant Deed $1,334,000 Ticon Title
Grant Deed -- Ticor Title
Grant Deed $1,300,000 Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $924,443 New Conventional
Previous Owner $780,000 New Conventional
Previous Owner $330,000 New Conventional
Previous Owner $262,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2025 05/21/25 Sold $1,349,000 0.0% $415 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/27/2025 03/27/25 Price Changed $1,349,000 -3.6% $415 / Sq Ft
03/24/2025 03/24/25 Price Changed $1,399,000 -3.5% $431 / Sq Ft
03/21/2025 03/21/25 Price Changed $1,449,000 -0.1% $446 / Sq Ft
03/21/2025 03/21/25 Price Changed $1,449,888 +0.1% $446 / Sq Ft
02/07/2025 02/07/25 For Sale $1,449,000 +11.5% $446 / Sq Ft
01/09/2023 01/09/23 Sold $1,300,000 -3.7% $400 / Sq Ft View Prior Sale
12/22/2022 12/22/22 Pending -- -- --
11/14/2022 11/14/22 Price Changed $1,350,000 -5.3% $416 / Sq Ft
11/03/2022 11/03/22 Price Changed $1,425,000 -1.7% $439 / Sq Ft
09/21/2022 09/21/22 For Sale $1,450,000 -- $446 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,018 $1,352,520 $832,320 $520,200
2024 $17,018 $1,326,000 $816,000 $510,000
2023 $15,968 $1,260,000 $860,000 $400,000
2022 $6,192 $446,333 $189,929 $256,404
2021 $5,985 $437,582 $186,205 $251,377
2019 $5,840 $424,605 $180,683 $243,922
2018 $5,602 $416,281 $177,141 $239,140
2016 $5,409 $400,117 $170,263 $229,854
2015 $5,332 $394,108 $167,706 $226,402
2014 $5,069 $386,389 $164,421 $221,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB25028794

California Regional Multiple Listing Service (CRMLS)

APN: 6231-003-008

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