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 $1,750,000. 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 consists of a main residence and duplex built in 1961, alongside a modern ADU completed in 2022. While the exterior shows evidence of maintenance and some updates like vinyl windows, the majority of the property is over 60 years old. The listing highlights 'aging infrastructure' and 'upside potential,' suggesting that the older units likely feature dated kitchens, bathrooms, and systems that have not undergone a full recent renovation, placing the overall property condition in the fair category.
The property features four separately metered units, including a detached single-family residence and a modern 2022 ADU, providing immediate cash flow and reduced vacancy risk.
Situated on a prime 8,276 sqft corner lot, the property offers significant upside with the possibility to expand or add additional units to maximize long-term value.
All units have separate mailing addresses and individual utility meters, simplifying property management and significantly reducing owner-paid utility expenses.
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 repairs or upgrades to older systems not addressed by the recent ADU addition.
The $1,875,000 list price represents a high entry point that may result in a lower initial cap rate for investors until further development or rent optimization is achieved.
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 | $1.75M | $1.75M | 50% |
| Price per sq ft | $700 | $661 | 50% |
| Built year | 1961 | 1993 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 86 | 50% |
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