14572 Purdy Street, Midway City, California 92655, Midway City, 92655 - 3 bed, 2 bath
ACTIVE$1,349,000
14572 Purdy Street, Midway City, California 92655
3Beds
2Baths
1,068Sqft
7,200Lot
Year Built
1958
Close
-
List price
$1.35M
Original List price
$1.4M
Price/Sqft
$1,263
HOA
-
Days on market
-
Sold On
-
MLS number
PW25091721
Home ConditionExcellent
Features
Pool
Patio
ViewPool
About this home
Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.35M(80th), sqft - 1068(10th), beds - 3(50th), baths - 2(50th).
A completely remodelled single-story home in the most attractive areas can be your Dream Home. The huge lot size of 7,200 s.f. encloses a beautiful living space for newly upgraded 3 bedrooms, 2 baths, a nicely landscaped swimming pool, and unused land for an ADU. The property is ready for occupation or short-term vacation rental (Airbnb) in this unincorporated city. Proximity to the most popular community of Little Saigon, One-Mile Square Park in Fountain Valley, Disneyland, and Huntington Beach pier. A MUST TO SEE!!!
Condition Rating
Excellent
Despite being built in 1958, the property has undergone a complete and high-quality renovation, as explicitly stated in the description ('completely remodelled,' 'newly upgraded') and evidenced by the images. The kitchen features modern white shaker cabinets, stainless steel appliances, quartz countertops, and subway tile backsplash. Both bathrooms are fully updated with modern vanities, quartz counters, new fixtures, and contemporary tiling. The entire interior boasts new white tile flooring, fresh paint, and recessed lighting. The exterior, including the pool and landscaping, also appears recently updated and well-maintained. All components appear new or virtually new, meeting current quality standards, aligning perfectly with the 'Excellent' score criteria for a property extensively renovated within the last 5 years.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1068.
Extensive Remodel: The property has been completely remodeled and newly upgraded, offering a modern and move-in ready living experience.
Large Lot with ADU Potential: A generous 7,200 sq. ft. lot includes unused land, providing significant potential for adding an Accessory Dwelling Unit (ADU) for additional income or living space.
Private Swimming Pool: The property features a nicely landscaped swimming pool, a highly desirable amenity that enhances lifestyle and entertainment options.
Versatile Income Opportunity: The home is ready for occupation or short-term vacation rental (Airbnb), offering flexibility for owners to generate substantial rental income.
Strategic Location: Its proximity to Little Saigon, One-Mile Square Park, Disneyland, and Huntington Beach pier provides excellent access to major attractions and amenities, appealing to a broad range of buyers and renters.
Cons
Significant Price Discrepancy: The listing price of $1,349,000 is substantially higher than the property's estimated value of $884,128.80, which may indicate overvaluation and could deter potential buyers.
Modest Interior Square Footage: With only 1068 sqft of living space, the interior is relatively small for the asking price, potentially limiting its appeal to buyers seeking more expansive homes.
Absence of Central Cooling System Mention: The property description does not specify a central air conditioning system, which could be a significant comfort concern and a potential additional expense for buyers in the warm California climate.