14902 Purdy, Midway City, California 92655, Midway City, 92655 - 5 bed, 1 bath
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14902 Purdy
Midway City, California 92655
ACTIVE
CONDITION: POOR
5Beds
1Baths
2,124Sq Ft
7,250Lot Size
Property Price
LIST PRICE$1,250,000
EST. MARKET VALUE
$1,250,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,250,000, currently aligned with its $1,250,000 Fair Market Value. While the home maintains a Condition Rating of 5, the 7,250 square foot lot and 2,124 square feet of living space offer significant upside for forced appreciation through interior reconfiguration. The 5-bedroom, 1-bathroom layout requires a strategic renovation to modernize the floor plan. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to maximize value in a high-demand neighborhood.
Estimated Market Value
$1,250,000
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 |
|---|---|---|---|---|---|---|
★ 14902 Purdy Subject 5 bd · 1 ba · 2,124 sqft · $589 | $1,250,000* List Price | 5 | 1 | 2,124 | $589 | - |
A 14501 Wilson Sold 3 bd · 2 ba · 1,593 sqft · $744 · 0.5 mi | $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
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1956 (68 years old) with no mention of recent renovations to major systems, kitchen, or baths. The property exhibits significant functional obsolescence with a 5-bedroom to 1-bathroom ratio, which typically requires a full interior reconfiguration. The listing description specifically targets investors and emphasizes 'potential' and 'possibilities,' indicating the home likely needs a complete rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the heart of Midway City near the vibrant Little Saigon community, the property offers exceptional walkability to supermarkets, restaurants, and local amenities.
- Development Potential
The expansive 7,250 square foot lot provides significant opportunity for future expansion or the addition of an Accessory Dwelling Unit (ADU) to maximize property value.
- Spacious Living Area
With 2,124 square feet of living space and five bedrooms, the home offers a flexible floor plan that is well-suited for large or multi-generational families.
CONSRISKS & DEFICIENCIES
- Functional Obsolescence
The home features five bedrooms but only one bathroom, creating a significant functional imbalance that will likely require a substantial investment to modernize.
- Market Stagnation
Having spent 95 days on the market with a recent price reduction, the property may be facing challenges regarding its condition or initial valuation relative to buyer expectations.
About 14902 Purdy
Welcome to this unique property located in the heart of Midway City, just minutes from the vibrant Little Saigon community. Situated on a spacious 7,250 square foot lot, this 5-bedroom, 1-bathroom home offers approximately 2,124 square feet of living space and endless possibilities for homeowners, investors, or those seeking a multi-generational living opportunity. The expansive floor plan provides generous living areas and flexible spaces that can be customized to fit your lifestyle. The large lot offers ample room for outdoor entertaining, gardening, future expansion, or the potential for an ADU (buyer to verify with the city). Conveniently located within walking distance to popular supermarkets, restaurants, shopping centers, and local amenities, with easy access to major freeways. This property combines space, location, and incredible potential in one of Orange County's most desirable neighborhoods. Don't miss this exceptional opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 7,250 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 1 (1 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 | 5.0 | 3.0 |
| Baths | 1.0 | 1.8 |
| Square foot | 2,124 | 1,327.5 |
| Lot Size | 7,250 | 7,851.5 |
| Price | $1.25M | $1.21M |
| Price per sq ft | $589 | $873 |
| Built year | 1956 | 1946 |
| HOA | $0 | $0 |
| Days on market | 120 | 44 |
Pricing History
Listed for Sale
Sep 12, 2026
$1,250,000
$1,300,000
-4% Price Drop
Initial Listing
Price Change
Jun 27, 2026
$1,300,000
Initial Listing
Sold
Jan 14, 2021
$843,000
Public Record