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.
For sale
Listed by: Grason Homes • Caesar Ruiz • Contact: 714-716-2031
Price cut: $76K (6/11)
$1,599,000
14851 Adams St, Midway City, CA 92655
5beds
4baths
2,500sqft
Quadruplex
Built in 1961
-- sqft lot
$-- Zestimate®
$640/sqft
$-- HOA
What's special
Large private patioSpacious private patiosPrime corner lotDining roomInside laundry
- 124 days |
- 201 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Caesar Ruiz DRE #01252075 714-272-2626,
Grason Homes
Source: CRMLS,MLS#: OC26060353
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Appliances
- Included: Disposal, Gas Range
- Laundry: Inside, Outside
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Parking
- Parking features: On Street
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
Lot
- Size: 8,276 Square Feet
- Features: Corner Lot
Details
- Parcel number: 09712114
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Storm Drain(s), Street Lights, Sidewalks
- Subdivision: Unknown
Location
- Region: Midway City
Financial & listing details
- Price per square foot: $640/sqft
- Tax assessed value: $1,050,224
- Annual tax amount: $13,670
- Date on market: 3/19/2026
- Cumulative days on market: 125 days
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 7490
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$5,526/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Price change | $1,599,000-4.5%$640/sqft |
Source:  CRMLS #OC26060353 Report a problem | ||
| 5/11/2026 | Price change | $1,675,000-4.3%$670/sqft |
Source: CRMLS #OC26060353 Report a problem | ||
| 3/25/2026 | Price change | $1,750,000-6.7%$700/sqft |
Source: CRMLS #OC26060353 Report a problem | ||
| 3/19/2026 | Listed for sale | $1,875,000+336%$750/sqft |
Source: CRMLS #OC26060353 Report a problem | ||
| 8/30/2012 | Sold | $430,000$172/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,670 +1.5% | $1,050,224 +2% |
| 2024 | $13,472 -1.8% | $1,029,632 +12.6% |
| 2023 | $13,722 +16.4% | $914,587 +2% |
| 2022 | $11,787 +7.5% | $896,654 +2% |
| 2021 | $10,961 | $879,073 +1% |
| 2020 | -- | $870,060 +34.8% |
| 2019 | $10,838 +28.6% | $645,339 +2% |
| 2018 | $8,426 +33.4% | $632,686 +38.7% |
| 2017 | $6,319 | $456,246 +2% |
| 2016 | $6,319 +2.9% | $447,300 +1.5% |
| 2015 | $6,143 +3.6% | $440,582 +2% |
| 2014 | $5,928 | $431,952 +0.5% |
| 2013 | -- | $430,000 +69.3% |
| 2012 | -- | $253,914 +2% |
| 2011 | -- | $248,936 +0.8% |
| 2010 | -- | $247,076 -0.2% |
| 2009 | -- | $247,664 +2% |
| 2008 | -- | $242,808 +2% |
| 2007 | -- | $238,048 +2% |
| 2006 | -- | $233,381 +2% |
| 2005 | -- | $228,805 +2% |
| 2004 | -- | $224,319 +1.9% |
| 2003 | -- | $220,208 +2% |
| 2002 | -- | $215,891 +2% |
| 2001 | $2,559 +4.6% | $211,658 +2% |
| 2000 | $2,446 | $207,508 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 92655
Nearby schools
GreatSchools rating
- 6/10Jessie Hayden Elementary SchoolGrades: K-5Distance: 0.7 mi
- 9/10Warner Middle SchoolGrades: 6-8Distance: 0.8 mi
- 8/10Westminster High SchoolGrades: 9-12Distance: 1.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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