Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$4,500,000

  • For Sale
  • Active
  • Multi-Family
  • 16 Total Beds
See This Home
Save This Home
See This Home
Save 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.

Full Property Details for 11502 Adco Ave

General

  • Price: $4,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25608361
  • Updated: 10/20/2025
  • Added to Site: 89 day(s) ago

Interior

  • Flooring: Carpet, Wood Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 16

Bedrooms

  • Total Bedrooms: 16

Other Rooms

  • Laundry: Community

Additional Information

  • Shared Amenities: Assoc Barbecue
  • Security/Safety: Gated
  • Other Features: None

Parking

  • Garage Description: Uncovered

Location

  • Area: Southwest Downey, S of Firestone, W of Downey
  • County: Los Angeles
  • Cross Streets: Neo
  • Driving Directions: Three blocks from the intersection of Old River School Rd and Firestone Blvd off of Neo St.

Heating & Cooling

  • Cooling Type: Window Unit(s), Wall/Window
  • Heating Type: Wall

Structural Information

  • # Buildings: 2
  • Architectural Style: Low Rise
  • Exterior Const.: Stucco
  • Roof: Composition, Shingle
  • Stories/Levels: 2
  • Square Feet: 8,616
  • Sq. Ft. Source: Estimated
  • Year Built: 1956
  • Year Built Source: Vendor Enhanced
  • Property Condition: Updated/Remodeled

Unit Information

  • Units in Complex: 16
  • Unit Type: 2106

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.332
  • Lot Size: 14489
  • Lot Size Source: Estimated
  • Alley: Yes
  • Lot Features: Alley Access
  • Zoning: DOR3*
  • Lot Description: 2-4 Lots

Financial Considerations

  • Price Per Sq. Ft.: $522.28
  • Assessment Year: 1956
  • Owner Pays: Gas, Electricity, Gardener, Water

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 6231-003-004

Listed by Lyon Stahl Investment Real Estate, Inc., Mark Ventre

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 11502 Adco Ave —

  • Mark Ventre

    Lyon Stahl Investment Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 11502 Adco Ave

School District:Downey Unified School District
NameGradesDistance
Williams Elementary School, Downey, CA
7530 Arnett Street, Downey, CA 90241
K-30.2 mi
Old River Elementary School, Downey, CA
11995 Old River School Road, Downey, CA 90242
4-50.6 mi
West Middle School
11985 Old River School Road, Downey, CA 90242
6-80.6 mi
Warren High School
8141 De Palma Street, Downey, CA 90241
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 11502 Adco Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/20/2025
Listed
$4,500,000
13.92%
MLS
9/02/2021
Sold
$3,950,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 11502 Adco Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$27,218
5%
$2,098,941
4%
2023
$25,856
5%
$2,017,556
2%
2022
$24,582
11%
$1,978,056
11%
2021
$22,211
1%
$1,784,802
1%
2020
$21,895
69%
$1,766,534
83%
2019
$12,932
3%
$966,417
2%
2018
$12,616
-5%
$947,468
2%
2017
$13,264
22%
$928,891
16%
2016
$10,905
1%
$800,575
2%
2015
$10,751
5%
$788,550
2%
2014
$10,223
2%
$773,105
—
2013
$9,976
—
$769,612
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 11502 Adco Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Lyon Stahl Investment Real Estate, Inc., Mark Ventre

Just Listed near 11502 Adco Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

6514 Foster Bridge Blvd, Bell Gardens, CA 90201 - Photo 1 Just Listed
$1,175,000
Open House

6514 Foster Bridge Blvd  Bell Gardens, CA 90201

  • Multi-Family
  • Active
  • Updated 7 hours ago
6603 Emil Ave, Bell Gardens, CA 90201 - Photo 1 Just Listed
$1,195,000

6603 Emil Ave  Bell Gardens, CA 90201

  • Multi-Family
  • Active
  • Updated 5 days ago
6818 Florence Pl, Bell Gardens, CA 90201 - Photo 1 Just Listed
$2,095,000

6818 Florence Pl  Bell Gardens, CA 90201

  • Multi-Family
  • Active
  • Updated 1 day ago
5523 Gotham Ave, Bell Gardens, CA 90201 - Photo 1 Just Listed
$1,500,000

5523 Gotham Ave  Bell Gardens, CA 90201

  • Multi-Family
  • Active
  • Updated 3 days ago

Price Reduced near 11502 Adco Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

6504 Gage Ave, Bell Gardens, CA 90201 - Photo 1 Price Reduced
-$100 (-0.01%)
$799,900

6504 Gage Ave  Bell Gardens, CA 90201

  • Commercial
  • Active
  • Updated 3 days ago
  • 1,700
    Sq. Ft.
  • 0.1767
    Acres
6815 Colmar Ave, Bell Gardens, CA 90201 - Photo 1 Price Reduced
-$40,000 (-3.08%)
$1,259,000

6815 Colmar Ave  Bell Gardens, CA 90201

  • Multi-Family
  • Active
  • Updated 6 days ago
6021 Gage, Bell Gardens, CA 90201 - Photo 1 Price Reduced
-$14,001 (-3.26%)
$414,999
Open House

6021 Gage  Bell Gardens, CA 90201

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 861
    Sq. Ft.
11526 Promenade Dr, Santa Fe Springs, CA 90670 - Photo 1 Price Reduced
-$15,100 (-2.27%)
$649,900
Open House

11526 Promenade Dr  Santa Fe Springs, CA 90670

  • Townhouse
  • Active
  • Updated 2 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,504
    Sq. Ft.

Recent Sales near 11502 Adco Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

9040 9042 Ramona St, Bellflower, CA 90706 - Photo 1 Sold
$4,990,000

9040 9042 Ramona St  Bellflower, CA 90706

  • Multi-Family
  • Closed
  • Updated 10 days ago

11502 Adco Ave, Downey, CA 90241 (MLS# 25608361) is a Multi-Family property with units containing 16 bedrooms and 0 full bathrooms. 11502 Adco Ave is currently listed for $4,500,000 and was received on October 20, 2025. Want to learn more about 11502 Adco Ave? Do you have questions about finding other Multi-Family real estate for sale in Downey? You can browse all Downey real estate or contact a Coldwell Banker agent to request more information.

Tour this property