Midway City, CA 92655 14851 Adams Street
$1,599,000
12 more
Presented By: Caesar Ruiz with Grason Homes; 714-272-2626
Baths • 1
SQFT • 2,500
Home Details
Excellent investment opportunity! This property includes four separately metered units on a single lot, offering immediate income and strong upside potential. Positioned on a prime corner lot, the property presents multiple development options with the possibility to expand and add additional units—ideal for maximizing long-term value. Each unit has its own separate mailing address. 14851 is a detached single-family residence featuring 2 bedrooms, 1 full bath, a separate living room, dining room, and an inside laundry. 14853 & 14855 share a common wall and are 1 bedroom, 1 bath units with spacious private patios. 14857 is a detached ADU built in 2022 and features 1 bedroom, 1 bath with a large private patio.
Presented By: Caesar Ruiz with Grason Homes; 714-272-2626
Interior Features for 14851 Adams Street
Other Interior Features
Common Walls1 Common Wall
Laundry FeaturesInside, Outside
Total Stories1
Other Rooms
Entry Level1
General for 14851 Adams Street
Additional Parcels Y/NNo
AppliancesDisposal, Gas Range
Building Area UnitsSquare Feet
CityMidway City
Community FeaturesCurbs, Storm Drain(s), Street Lights, Sidewalks
CountyOrange
DirectionsCross Streets - Beach Blvd & Washington
Entry Location1
Garage Spaces
Garage Y/NNo
Gross Income89880
HOANo
HOA Fee$
Insurance Expense2337
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan
Lot Size Square Feet8276
Lot Size UnitsSquare Feet
MLS Area65 - N of Blsa, S of GGrv, E of Bch, W of Brookhrs
Net Operating Income62838
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense27042
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityMIDWAY CITY
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameUnknown
Tax Lot30
Taxes$20,625
Tenant PaysElectricity, Gas
Total Actual Rent7490
Trash Expense0
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Sewer Expense2880
Year Built1961
Year Built SourceAssessor
Exterior for 14851 Adams Street
Building Area Total2500
Lot FeaturesCorner Lot
Lot Size Acres0.19
Lot Size Area8276
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Parking FeaturesOn Street
Private PoolNo
SpaNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Limor Zamir
Realtor®