14851 Adams Street, Midway City, California 92655, Midway City, 92655 - 0 bed, 0 bath
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Midway City, California 92655
Analysis of 14851 Adams Street, Midway City, California 92655 is currently available with a list price of $1,599,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Midway City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
This quadruplex presents a mix of conditions. While it includes a brand-new ADU built in 2022 and some units feature modern renovations (shaker cabinets, quartz counters, and laminate flooring), other portions of the 1961 property remain dated with green shag carpeting and original wall heaters. The exterior shows signs of patchy maintenance, and the older units require updates to match the quality of the newer construction.
The property features four separately metered units, including a detached single-family residence and a new ADU, providing immediate cash flow and reduced utility overhead for the owner.
Situated on a prime 8,276 sqft corner lot, the property offers significant upside potential with the possibility to expand or add additional units to maximize long-term value.
The detached ADU built in 2022 offers modern construction standards and a large private patio, likely commanding premium rent with minimal immediate maintenance needs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8276, other record lot size in square feet = 8341. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2500, other record living area = 1000.
With the original structures dating back to 1961, the property may require capital expenditures for updates or repairs to older plumbing, electrical, or roofing systems.
A recent $125,000 price reduction suggests the property was initially overvalued for the Midway City submarket, potentially indicating a need for further negotiation or scrutiny of the current cap rate.
Excellent investment opportunity! This property includes four separately metered units on a single lot, offering immediate income and strong upside potential. Positioned on a prime corner lot, the property presents multiple development options with the possibility to expand and add additional units—ideal for maximizing long-term value. Each unit has its own separate mailing address. 14851 is a detached single-family residence featuring 2 bedrooms, 1 full bath, a separate living room, dining room, and an inside laundry. 14853 & 14855 share a common wall and are 1 bedroom, 1 bath units with spacious private patios. 14857 is a detached ADU built in 2022 and features 1 bedroom, 1 bath with a large private patio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,500 | 2,657 | 50% |
| Lot Size | 8,276 | 7,950 | 50% |
| Price | $1.60M | $1.67M | 50% |
| Price per sq ft | $640 | $631 | 50% |
| Built year | 1961 | 1993 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 89 | 141 | 50% |
Jun 11, 2026
$1,599,000
$1,675,000
-5% Price Drop
Initial Listing
May 14, 2026
$1,675,000
$1,750,000
-4% Price Drop
Initial Listing
Mar 26, 2026
$1,750,000
$1,875,000
-7% Price Drop
Initial Listing
Mar 19, 2026
$1,875,000
Initial Listing
Aug 30, 2012
$430,000
Public Record