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1963 McCormack LanePlacentia, CA 92870
$1,599,800  
7  Bd
5  Ba
2,926  Sq. Ft.
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Key Insights
A
Overall Niche neighborhood gradeThis neighborhood is incredibly desirable to live in! See details
A+
Overall Niche school gradeThe public schools in this area are top notch! See details

Awning Agent
Andreis Bergeron
Andreis Bergeron
#: Assistant to BK3520130
Andreis is the head of Brokerage Operations at Awning.
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Text or call  +14153323096

Description
BRAND NEW CONSTRUCTION - PLUS ADU IN BACK! This gorgeous ground-up development features not one, but TWO properties and is located in the prestigious Wagner Neighborhood of Placentia with a combined sq ft of 2,926 and both properties have paid-off Solar Panels worth $50k. The main house is a 2-story, 4-bed, 3-bath home with a spacious 1,976 sq ft of living space. The entire exterior curb appeal is stunning, with lush landscaping and stamped driveway which leads to the entry, where natural light fills the entire home. The 9-foot ceilings on both floors give the house an airy and spacious feel. The downstairs features an open floor plan with a sizable living room, dining room, and kitchen. Brand new luxury vinyl planks, modern white kitchen with black fixtures, and metal staircase provides that contemporary style that is so desirable! A half bathroom and direct 2-car garage access completes the downstairs floor plan. Upstairs features 4 bedrooms including the huge master bedroom. There is a luxurious shared bathroom upstairs along with washer & dryer hookup for convenience. The master suite features a walk-in closet, huge bathroom with marble shower, dual vanities, and a private water closet. BONUS Accessory Dwelling Unit (ADU) or Guest House in the back is extremely desirable for rental income or multi-generational living for large families. This 1-story ADU is 950 sq ft and offers 3-beds, 2-baths, with one of the rooms being a master suite. The cozy living and kitchen are designed similar to the front house, and also features 9-foot ceilings. This ADU is ALL separate metered for all utilities from the main house which was a very expensive upgrade! Placentia is one of the rare cities that allows LEGAL short-term rentals (AirBnb) with a city permit for the main house. Schools are top-notch, and very closeby to the neighborhood. Property has NO HOA fees. You do not want to miss out on the opportunity to own this custom new-build with 2 houses on a lot that features exquisite details throughout the houses with fine finishes!
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Listed by: Daniel Poon · DRE#: Unavailable · eXp Realty of California IncSource: MLS logo crmls · MLS#: OC22247950 · Originating MLS: California Regional MLSAwning last checked: today at 11:57 AM | Last updated last Wednesday at 8:06 PMListing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$546
$/Unit
$1,599,000
Lot size
5,522
Built in
2022
Days on Awning
61

Copyright: Listing Information © 2023 California Regional MLS. All Rights Reserved.Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2023-01-25 20:06:54 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.MLS logo
 
Awning AnalysisAwning uses its algorithms and a proprietary database of real rent and property information to estimate rent, rent growth, and property appreciation. Our team of real estate experts manually review and edit numbers for every property we surface in order to ensure the accuracy of this data. As part of the offer process, we do more thorough reviews of the numbers, working with local property managers and contractors.
NeighborhoodGet to know what living in 92870 is like.
Report Card for 92870Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
A

Public Schools
A+
Commute
B
Cost of Living
C-
Crime & Safety
C+
Diversity
A
Good for Families
A
Jobs
C+
Walkability
A-
Data provided by Niche.

Living in 92870
Bars
B+
Coffee Shops
A
Health & Fitness
A+
Nightlife
A-
Outdoor Activities
A
Parks
A
Restaurants
A-
Weather
A+
Data provided by Niche.

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Schools in 92870
School data is not available for this listing.

Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
92870 StatsSee how this home compares to the zip code medians.
92870 Median
Home Value
$630,300
Rent
$1,796
Rent-to-Income
22.7%
Income
$94,908
This Home
Listing Price
$1,599,800154% higher than zip
Rent
$10,000457% higher than zip
Rent to Income
126.4%457% higher than zip
Market statistics provided by Niche.

Average Home Price
See how the price of a home in the area has changed over time.
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in Year 2020
  • 92870
    $732,000
  • County
    $147,000
Average Price / SqFt
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in Year 2020
  • 92870
    $377
  • County
    $73

Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
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in Year 2019
  • 92870
    $112k
  • County
    $89k

Population
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in Year 2020
  • 92870
    53,659
  • Average in County
    23,966

Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 9287064%
% Owner Occupied for County67%

Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 9287055%
% White Collar for County58%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
9287038%
County38%

Age Distribution 92870
See the distribution of people by age in 92870.
Under 2026%
20 - 4432%
45-6425%
65+17%