14851 Adams Street, Midway City, California 92655, Midway City, 92655 - 0 bed, 0 bath
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14851 Adams Street
Midway City, California 92655
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,500Sq Ft
8,276Lot Size
Property Price
LIST PRICE$1,599,000
SUMMARY
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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is a 1961 build with mixed conditions across four units. While it includes a new 2022 ADU (Excellent), the primary units feature dated bathrooms with older tile and pedestal sinks, along with aging exterior elements. The listing's emphasis on 'upside potential' and the visible mix of partial renovations and original 60-year-old features align with the Fair criteria needing updates.
PROSSTRENGTHS & OPPORTUNITIES
- Diverse Unit Mix & Modern ADU
The property features a versatile mix of four units, including a detached single-family home and a brand-new ADU built in 2022, providing high rental appeal and reduced immediate maintenance for the newest structure.
- Development & Value-Add Potential
Situated on a generous 8,276 sqft corner lot, the property offers significant upside potential with the possibility to expand or add additional units, maximizing long-term equity and cash flow.
- Utility Efficiency
All four units are separately metered for utilities and have individual mailing addresses, significantly simplifying property management and reducing owner-paid operating expenses.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- Extended Market Time
The property has been on the market for over 150 days with multiple price reductions from the original $1.875M ask, which may indicate initial overpricing or buyer hesitation regarding the current valuation.
- Aging Primary Infrastructure
With the original structures dating back to 1961, the property likely requires ongoing capital improvements and maintenance for older systems compared to the modern 2022 ADU.
About 14851 Adams Street
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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1961
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Pricing History
Listed for Sale
Jun 11, 2026
$1,599,000
$1,675,000
-5% Price Drop
Initial Listing
Price Change
May 14, 2026
$1,675,000
$1,750,000
-4% Price Drop
Initial Listing
Price Change
Mar 26, 2026
$1,750,000
$1,875,000
-7% Price Drop
Initial Listing
Price Change
Mar 19, 2026
$1,875,000
Initial Listing
Sold
Aug 30, 2012
$430,000
Public Record