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1017 Avenida De Pio Pico, Placentia, California 92870, Placentia, 92870 - bed, bath

1017 Avenida De Pio Pico, Placentia, California 92870 home-pic-0
ACTIVE$1,395,000$2,200/sqft
1017 Avenida De Pio Pico, Placentia, California 92870
0Bed
0Bath
2,200Sqft
6,678Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Income & Living Flexibility: R3 zoning allows for two fully independent, remodeled residences, offering significant rental income potential or ideal multi-generational living arrangements.
Top Cons:
Original Construction Age: Despite extensive remodels, the 1962 build year may suggest underlying older infrastructure or design elements that could require future attention beyond cosmetic updates.

Compared to the nearby listings

Price:$1.40M vs avg $1.32M (+$72,500)50%
Size:2,200 sqft vs avg 2,449.5 sqft50%
Price/sqft:$634 vs avg $54950%

More Insights

Built in 1962 (64 years old).
Condition: Despite being built in 1962, the property has undergone a complete and extensive renovation, as explicitly stated and visually confirmed by the images. Both residences feature brand new, modern kitchens with grey shaker cabinets, white quartz countertops, and stainless steel appliances (some still with protective film). Bathrooms are also fully updated with contemporary vanities, fixtures, and tiled showers/tubs. New wood-look laminate flooring, fresh paint, and modern lighting are present throughout, indicating all components are virtually new and meet current quality standards with no visible deferred maintenance.
Year Built
1962
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$634
HOA
-
Days on market
-
Sold On
-
MLS number
PW26006238
Home ConditionExcellent
Features
ViewNeighborhood

About this home

TWO HOUSES ON ONE LOT! Discover this rare R3-zoned property featuring two completely remodeled residences on a single lot, offering incredible flexibility for rental income or multi-generational living. Every inch of this property has been thoughtfully updated, providing a modern and sophisticated living experience. The Main Residence The primary home spans approximately 1,400 square feet and features three spacious bedrooms and two bathrooms. The interior includes a dedicated laundry area and an attached two-car garage. The Secondary Unit The second home offers approximately 800 square feet of living space, including two bedrooms and one bathroom. This unit is fully self-contained with its own interior laundry and a private one-car garage. Property Highlights & Parking Both homes have undergone extensive renovations, complemented by fully redone landscaping that enhances the property's curb appeal and provides a polished exterior. Parking is a standout feature, with a long driveway capable of accommodating multiple vehicles in addition to the three total garage spaces. The property will be delivered empty. Location & Community Situated within the highly acclaimed Placentia-Yorba Linda Unified School District, this property is ideally located for both convenience and entertainment. Residents will enjoy close proximity to Disneyland, the Honda Center, Angels Stadium, Cal State Fullerton, and Fullerton College. Local parks, shopping centers, and diverse dining options are just minutes away, with effortless access to the 91 and 57 freeways for streamlined commuting throughout Orange County.

G
Gerard Mier
Listing Agent
Condition Rating
Excellent
Despite being built in 1962, the property has undergone a complete and extensive renovation, as explicitly stated and visually confirmed by the images. Both residences feature brand new, modern kitchens with grey shaker cabinets, white quartz countertops, and stainless steel appliances (some still with protective film). Bathrooms are also fully updated with contemporary vanities, fixtures, and tiled showers/tubs. New wood-look laminate flooring, fresh paint, and modern lighting are present throughout, indicating all components are virtually new and meet current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Exceptional Income & Living Flexibility: R3 zoning allows for two fully independent, remodeled residences, offering significant rental income potential or ideal multi-generational living arrangements.
Turnkey Modern Condition: Both homes have undergone extensive, complete remodels and feature fully redone landscaping, presenting a modern, sophisticated, and move-in ready property.
Abundant Parking Solutions: The property boasts a long driveway accommodating multiple vehicles, in addition to three dedicated garage spaces, a rare and valuable asset for multi-unit properties.
Top-Tier School District: Situated within the highly acclaimed Placentia-Yorba Linda Unified School District, enhancing its appeal to families and contributing to long-term value.
Strategic Location & Accessibility: Prime location with close proximity to major entertainment venues, educational institutions, diverse amenities, and effortless access to key freeways (91 & 57).

Cons

Original Construction Age: Despite extensive remodels, the 1962 build year may suggest underlying older infrastructure or design elements that could require future attention beyond cosmetic updates.
Standard Neighborhood View: While having a view, it is limited to a 'Neighborhood' perspective, lacking the premium scenic views (e.g., city lights, hills, water) that can often enhance property value and desirability.
Increased Maintenance Complexity: Managing two separate residences inherently involves maintaining duplicate systems and structures, potentially leading to higher overall maintenance costs and management complexity compared to a single-unit property.
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