14902 Purdy, Midway City, California 92655, Midway City, 92655 - 5 bed, 1 bath
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Midway City, California 92655
This property presents a High-Potential Investment Opportunity with a List Price of $1,300,000—positioned well below the $1,307,113 Fair Market Value by 0.54%. This valuation gap offers $7,113 in Instant Equity. Featuring a 5-bedroom, 1-bathroom layout on a 7,250 sqft lot, the home has a Condition Rating of 5, signaling a need for interior modernization. The expansive lot offers significant ADU potential. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to maximize value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14902 Purdy Subject | $1,300,000* List Price | 5 | 1 | 2,124 | $615 | - |
A 7852 Darwin Avenue Sold | $1,065,000 | 3 | 1 | 1,363 | $781 | 1.0 mi |
B 14632 Jefferson Street Sold | $1,250,000 | 3 | 2 | 1,884 | $663 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 (>60 years old) with no mention of recent renovations. The property exhibits significant functional obsolescence with a 5-bedroom to 1-bathroom ratio. Exterior images show deferred maintenance in the landscaping and driveway, while the description's focus on 'potential' and 'investors' suggests the home requires a full interior rehab and system updates.
Situated in the heart of Midway City near the vibrant Little Saigon community, the property offers exceptional walkability to major supermarkets, restaurants, and local amenities.
The generous 7,250 square foot lot provides significant opportunity for future expansion or the addition of an Accessory Dwelling Unit (ADU), maximizing the property's long-term value.
With 2,124 square feet of interior space and five bedrooms, the home offers a substantial footprint and a flexible floor plan suitable for large or multi-generational families.
The property features five bedrooms but only one bathroom, creating a significant functional imbalance that will likely require a costly renovation to add additional plumbing.
Built in 1956, the home may require substantial modernization of its core systems and finishes to meet contemporary buyer expectations and justify the $1.3M price point.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 1.0 | 1.5 |
| Square foot | 2,124 | 1,264 |
| Lot Size | 7,250 | 7,518.5 |
| Price | $1.30M | $1.12M |
| Price per sq ft | $612 | $864 |
| Built year | 1956 | 1948 |
| HOA | $0 | $0 |
| Days on market | 25 | 48 |
Jun 27, 2026
$1,300,000
Initial Listing
Jan 14, 2021
$843,000
Public Record