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.
8,616 Sq Ft
0.332 Privata hektar Partistorlek
investering
Inbyggt 1956
MLS/Listnings-ID 25608361
2 Berättelser
16 Enheter
Sammansättning
Shingle
Cooling - Window Units
Tile
Laminat
Carpet
Parking - Uncovered
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