11502 11506 Adco Avenue

Property Overview
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.
Home Details
Interior Spaces & Features
Community & Neighborhood
Subdivision
No subdivision info
Amenities
No specific amenities listed
Recreation
Recreation info not available
Location & Neighborhood
Frequently Asked Questions
Homeowner resources
Certified San Diego home inspectors
Schedule an inspectionTrusted local movers
Get a quoteCA homeowners insurance
Get a quoteDisclosure: We may have a referral relationship with selected providers.
Get More Info
Crown Coastal Support Team
Responds within 2 hours
“Reza was the best agent we have ever worked with.”— Russell & Susan McQueen
Listing Agent
