14712 Newland Street, Midway City, California 92655, Midway City, 92655 - 8 bed, 6 bath

14712 Newland Street, Midway City, California 92655 home-pic-0
ACTIVE$1,788,880
14712 Newland Street, Midway City, California 92655
8Beds
6Baths
2,814Sqft
7,624Lot
Year Built
1956
Close
-
List price
$1.79M
Original List price
$1.89M
Price/Sqft
$636
HOA
-
Days on market
-
Sold On
-
MLS number
PW25219443
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.79M(90th), sqft - 2814(80th), beds - 8(80th), baths - 6(80th).

Investors Alert! Three Homes with 3 Separate Address and Separate Utilities meters together approximately 2814 SQFT on One Lot in Prime Midway City Location! Situated within walking distance to the vibrant Bolsa and Phuoc Loc Tho districts, as well as Mile Square Park, schools, shopping, offices, supermarkets, and with easy freeway access, this property is a renter's dream. The newly remodeled main house boasts approximately 1518 SQFT of comfortable living space with 4 bedrooms and 3 bathrooms. Enjoy the convenience of central air conditioning and an attached 2-car garage. The detached, brand-new ADU offers approximately 800 SQFT with 3 bedrooms and 2 bathrooms. This modern unit features new porcelain large custom tiles throughout, stylish new blue shaker cabinets and kitchen quartz countertops with a modern sink and fixtures, and brand-new stainless steel appliances. The bathrooms are beautifully appointed with new vanity, a walk-in shower featuring custom tiles, a sleek shower glass door, and stylish fixtures. Benefit from energy savings with the Solar system and individual mini-split air conditioning. The charming JADU provides approximately 496 SQFT with 1 bedroom and 1 bathroom, plus its own well-equipped kitchen. The kitchen features trendy blue shaker cabinets on the bottom and white shaker cabinets on top, kitchen quartz countertops and complemented by new stylish fixtures and new stainless steel appliances. Enjoy the bright and airy feel with recessed lighting throughout and the comfort of its own mini-split air conditioning. This property offers ample parking space for all units. The unbeatable location provides walking access to a wealth of amenities, ensuring high tenant demand. Don't miss this exceptional opportunity to invest in a prime rental market with around $11,000 income!

Price History

Date
Event
Price
11/01/25
Price Change
$1,788,880+5.9%
09/30/25
Price Change
$1,688,880-10.6%
09/18/25
Listing
$1,888,800
Condition Rating
Excellent

Despite the 1956 built year, the property has undergone extensive and recent renovations. The main house is described as 'newly remodeled,' and the ADU is 'brand-new,' with the JADU also featuring new kitchens, appliances, and modern finishes. All visible kitchens and bathrooms are contemporary with new cabinets, quartz countertops, stainless steel appliances, modern fixtures, and stylish tiling. Cooling systems are updated (central AC in main, mini-splits in ADU/JADU), and the ADU includes a solar system. Flooring, lighting, and overall aesthetics are consistent with a property fully updated to current quality standards, showing no deferred maintenance.
Pros & Cons

Pros

Multiple Income Streams: The property features three distinct units (Main House, ADU, JADU) with separate addresses and utility meters, offering significant rental income potential of approximately $11,000 per month.
Prime Location & High Demand: Strategically located in Midway City, within walking distance to vibrant districts, parks, schools, shopping, and freeway access, ensuring high tenant demand and desirability.
Modern & Updated Units: The main house is newly remodeled, and both the ADU and JADU are brand new or recently updated with contemporary finishes, new appliances, and stylish designs, appealing to renters.
Energy Efficiency & Comfort: The ADU includes a solar system and mini-split AC, the JADU has mini-split AC, and the main house features central AC, contributing to lower utility costs and enhanced tenant comfort.
Ample Parking: The property provides ample parking space for all units, a valuable amenity for a multi-tenant property in a dense urban area.

Cons

Listing Price Discrepancy: The current listing price is approximately 5% above the estimated market value, which may require justification or negotiation to attract buyers.
Age of Original Structure: While the main house is remodeled, its original construction year of 1956 suggests that underlying infrastructure not explicitly updated could be older and potentially require future maintenance.
SFR Classification for Multi-Unit: Despite having three separate units, the property is classified as a 'Single Family Residence,' which could present challenges with financing, insurance, or zoning for some investors.

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