11502 Adco Avenue Downey, CA ^$ 4,500,000

11502 Adco Avenue

^$ 4,500,000

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11502 Adco Avenue

Downey, CA, 90241

^$ 4,500,000

Studio Baths0.0 Sq 8,616

Monthly Estimate*

^$ 28,074

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Studio

Multi-Family Home for sale in Downey, CA

for $4,500,000. This 8,616 square foot home was built in 1956 on a lot size of 0.33.

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.

Multi-Family Active

Price

^$ 4,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.33

Year Built

1956

Town/City

Downey

County/Region

Los Angeles

MLS | Web ID

0025608361

Features

General

Living Area 8616.0

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Roof Shingle Composition

Zoning DOR3*

Security Features Gated Community

Construction Materials Stucco

Year Built 1956

Levels Two

County Los Angeles

Net Operating Income 234522.0

New Construction No

Property Type C

HOA No

Status Active

City Downey

Senior Community Y/N No

MLS Area Southwest Downey S of Firestone W of Downey

Lot Size Units Square Feet

Lot Size Square Feet 14489.0

Property Condition Updated/Remodeled

Additional Parcels Y/N Yes

Standard Status Active

Interior

Flooring Tile Carpet

Kitchen Appliances Disposal Refrigerator

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Laundry Features Community

Total Baths 0

Exterior

Parking Features Uncovered

Water Source None

Lot Size Area 14489.0

Pool Y/N? Yes

Building Area Total 8616.0

Lot Size Acres 0.33

Land Lease Type Fee

* Excluded Features

List By

Mark Ventre

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$28,074

Per Month

Monthly Principal & Interest: $28,074
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Downey, CA

Average List Price ^$2,551,000

Percent of Sale Price 43%

About Downey, CA

112,576 Population

5% Since 2002

^$66,810 Median Income

35.34 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/21/2025	$4,500,000		Listed Price

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11502 Adco Avenue, Downey, CA, 90241 is a Multi-Family Home for sale at $4,500,000 with 8,616 sqft and a lot size of 0.33. 11502 Adco Avenue is a studio with 0.0 baths and was built in 1956. The property's zip code is 90241 which is in Downey, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 10/22/2025. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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11502 Adco Avenue

Multi-Family Home for sale in Downey, CA

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