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.
Property Details
Price:
$4,300,000
MLS #:
25608361
Status:
Active
Beds:
16
Baths:
16
Type:
Single Family
Neighborhood:
d3southwestdowneysoffirestonewofdowney
Listed Date:
Jan 23, 2026
Finished Sq Ft:
8,616
Total Sq Ft:
8,616
Lot Size:
14,489 sqft / 0.33 acres (approx)
Year Built:
1956
See this Listing
Schools
Interior
Appliances
GD, RF
Cooling
WW
Flooring
TILE, CARP
Heating
WL
Laundry Features
CM
Exterior
Construction Materials
STC
Parking Spots
16
Roof
CMP, SHN
Security Features
GC
Financial
Map
Community
- Address11506 Adco AV Downey CA
- CityDowney
- CountyLos Angeles
- Zip Code90241
Market Summary
Current real estate data for Single Family in Downey as of Feb 23, 2026
100
Single Family Listed
68
Avg DOM
476
Avg $ / SqFt
$1,029,595
Avg List Price
Property Summary
- 11506 Adco AV Downey CA is a Single Family for sale in Downey, CA, 90241. It is listed for $4,300,000 and features 16 beds, 16 baths, and has approximately 8,616 square feet of living space, and was originally constructed in 1956. The current price per square foot is $499. The average price per square foot for Single Family listings in Downey is $476. The average listing price for Single Family in Downey is $1,029,595.
Similar Listings Nearby
Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.11506 Adco AV
Downey, CA