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11502-11506 Adco Ave
Downey, CA 90241
11502 - 11506 Adco Ave, Downey · Multifamily Property For Sale · 16 Units

Investment Highlights

  • Nestled on a Quiet Residential Cul-de-Sac in the High Demand Rental Market of Downey
  • Near the Major Thoroughfare of Old River School Rd. and Firestone Blvd.
  • 13 of the 16 (81%) Units Have Been Renovated
  • Within Walking Steps to Many Restaurants, Shops, Retailers & Close Proximity to Major Freeways
  • Over $285,000 Capital Improvements Completed on Exterior & Unit Interiors

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 8,616 SF
Average Occupancy 100%
No. Stories 2
Year Built 1957
Parking Ratio 1.1/1,000 SF
Zoning DOR3*

Amenities

Unit Amenities

  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range
  • Freezer
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Courtyard
  • Laundry Facilities
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 16 $1,513 -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 6231-003-005
  • 6231-003-004
Land Assessment
$1,644,872
Improvements Assessment
$2,546,898
Total Assessment
$4,191,770
  • Listing ID: 23274732

  • Date on Market: 6/3/2021

  • Last Updated:

  • Address: 11502-11506 Adco Ave, Downey, CA 90241

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