14842 Purdy, Midway City, California 92655, Midway City, 92655 - 4 bed, 2 bath
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14842 Purdy
Midway City, California 92655
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,776Sq Ft
7,250Lot Size
Property Price
LIST PRICE$1,205,000
EST. MARKET VALUE
$1,287,643
6% BelowMARKET VALUE
SUMMARY
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,205,000—positioned well below the $1,287,644 Fair Market Value by 6%. This valuation gap provides $82,644 in Instant Equity. With a Condition Rating of 3, the home features updated major systems and a remodeled bathroom, while offering cosmetic upside in the kitchen. The 7,250 sqft lot provides significant ADU development potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth.
Estimated Market Value
$1,287,643+$82,643 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Midway City.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14842 Purdy Subject | $1,205,000* List Price | 4 | 2 | 1,776 | $725 | - |
A 14541 Monroe Sold | $1,450,000 | 4 | 3 | 1,861 | $779 | 0.5 mi |
B 14501 Wilson Sold | $1,185,000 | 3 | 2 | 1,593 | $744 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1956, the property is well-maintained with major capital systems updated, including a roof under 10 years old, a newer 3-ton HVAC system, and a 2018 driveway. One bathroom is fully remodeled with modern finishes. Although the kitchen and second bathroom are dated and require cosmetic updates, the home is functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7250, living area = 1776.
- Updated Major Components
The property features significant capital improvements including a newer roof (under 10 years), a 3-ton HVAC system, and a 2018 concrete driveway, significantly reducing immediate maintenance costs for the buyer.
- ADU Development Potential
Situated on a generous 7,250 sqft lot, the expansive backyard offers a prime opportunity to build an Accessory Dwelling Unit (ADU), providing massive potential for rental income or increased property value.
CONSRISKS & DEFICIENCIES
- Cosmetic Renovation Required
The kitchen and one of the bathrooms require modern cosmetic updates, which will necessitate additional post-purchase investment and time from the buyer to reach the home's full potential.
- Dated Interior Finishes
While structurally sound, the 1956 build features older elements such as bedroom carpeting and original footprints that may feel dated to buyers seeking a fully turnkey, contemporary aesthetic.
About 14842 Purdy
Excellent opportunity to own a structurally sound, beautifully maintained 4-bedroom, 2-bathroom home in a prime, centralized Midway City location! Perfectly designed for a large family, this spacious floor plan boasts two large private suites centered around a charming courtyard. One of the main bedrooms features a fully remodeled, updated bathroom complete with a sleek granite counter and classic tile flooring. The home showcases durable laminate flooring through the hallway, kitchen, and living areas, with cozy carpeting in the bedrooms. While the kitchen has an excellent footprint and the Private suite bathroom is ready for your modern cosmetic updates, these spaces offer the perfect chance to add your personal touch and instantly build equity. Major capital components are already updated for you, including a newer concrete driveway (2018), a matching 3-ton HVAC system, and a roof under 10 years old. The expansive backyard offers massive potential to build an ADU. Relax or entertain on the open back patio just minutes from Little Saigon markets, Bella Terra entertainment, local schools, and quick coastal access. Perfect for families looking to customize their dream home or investors seeking a high-demand rental asset!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 7,250 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,776 | 1,327.5 |
| Lot Size | 7,250 | 7,851.5 |
| Price | $1.21M | $1.19M |
| Price per sq ft | $678 | $871 |
| Built year | 1956 | 1946 |
| HOA | $0 | $0 |
| Days on market | 8 | 45 |
Pricing History
Listed for Sale
Sep 1, 2026
$1,205,000
Initial Listing