Clicking on links may lead to other third party sites and ads. Visiting those sites or viewing the ads is deemed voluntary by you. LKV Realty, LLC does not endorse the access to or content of those sites.

LKV Realty, LLC is an affiliate of Lakeview Loan Servicing, LLC (“Lakeview”). Lakeview customers are not required to use LKV Realty, LLC and/or any of the third-party products and services. Lakeview Loan Servicing, LLC (“Lakeview”) is located at 4425 Ponce de Leon Blvd., MS 5-251, Coral Gables, FL 33146 and can be reached at 855-294-8564, or on the internet at www.lakeview.com. Lakeview’s NMLS/Unique Identifier number is NMLS #39152. www.nmlsconsumeraccess.org It is the policy of Lakeview to provide services without regard to race, color, religion, national origin, ancestry, age, sex, familial status, physical handicap, disability, or any other prohibited basis. Lakeview is licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act (license #4131216). Lakeview is not licensed for lending activities in any U.S. territory. Not authorized to originate loans in the State of New York. Lakeview Loan Servicing, LLC is an Equal Housing Lender.

All information provided within this website is for informational purposes only and does not constitute legal or financial advice. Lakeview and their affiliates make no guarantees as to the accuracy, quality, or completeness of such information, and shall not be responsible or liable for any errors, omissions, or inaccuracies in the information, or for any user’s reliance or the information. Any information made available on this website may change from time to time, and at any time without prior notice. Lakeview does not warrant, and is not responsible for, any affiliate third-party products or services, representations, actions, or omissions.

Lakeview Marketplace, LLC

LKV Realty, LLC

4425 Ponce de Leon

2nd Floor

Coral Gables, FL 33146

Toll Free:

(844) 453-1398

Monday - Friday: 8:00 AM - 6:00 PM ET

LKV Realty, LLC is licensed as a real estate brokerage in: Alabama, Arizona, Arkansas, California (license number 2241129), Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

$4,300,000

$7,200Reward *

11502 Adco Avenue, Downey, CA 90241Listing ID 25608361

11502 Adco Avenue, Downey, CA 90241

Active

Time on site: 200 days • Last updated: Mar 16, 2026

Property Type

Residential Income

Property Sub Type

Bedrooms

Bathrooms

Square Feet

8,616

Acres

0.33

Days on Site

200

Cooling

Wall/Window Unit(s)

Listing provided by Mark Ventre • Lyon Stahl Investment Real Estate, Inc., (310) 425-9838

Market Report for 90241

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-C137060

Heating

Wall Furnace

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 Information

Property Details

Location

Address

11502 Adco Avenue

County

Los Angeles

City

Downey

Zip Code

90241

MLS Area

D3 - Southwest Downey, S of Firestone, W of Downey

Interior Features

Beds and Baths

Bedrooms

Building

Building Information

Square Feet

8,616

Year Built

1956

Stories

Construction

Stucco

Roof

Composition, Shingle

Condition

Updated/Remodeled

Financial

Special Conditions

Standard