1225 Lima Circle #18
About This Property
Step outside to your own private oasis in the oversized backyard, complete with an above ground spa and wood patio cover - perfect for relaxing or entertaining. Upstairs, you'll find a versatile loft area, ideal for a home office, playroom, or additional living space. The primary bedroom is a true retreat, featuring a recently updated ensuite bathroom with dual vanities, a gorgeous shower, a stylish barn door, and a walk-in closet. A generous secondary bedroom with a large closet and a hall bath with a vanity + an enclosed tub/shower complete the upstairs.
This home also includes an attached two-car garage with direct access and a dedicated laundry area. Additional features include neutral paint and upgraded laminate flooring throughout, ceiling fans, and recessed lighting creates a clean and modern feel.
The Las Brisas community offers fantastic amenities, including a community pool, spa, and optional RV parking (subject to availability and a monthly fee). Located near shopping, schools, restaurants, and Alta Vista Golf Course, this condo provides both comfort and convenience. This property is a wonderful opportunity to own a beautifully maintained property in a great Placentia community!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Relisted | $849,900 | |
| Relisted | |||
| Jul 14, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed by RE/MAX One | $849,900 | |
| Listed by RE/MAX One | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/03/2025
|
2 Bed
|
2 Bath
|
1400 ft²
|
$849,900
2 Bed
2 Bath
1400 ft²
|
$849,900
08/19/2025
|
Kathy Weber
Big Block Realty
| |
|
05/20/2018
|
2 Bed
|
1 Bath
|
1402 ft²
|
$509,900
2 Bed
1 Bath
1402 ft²
|
$520,000
+1.98%
06/29/2018
|
Deborah Lopez
ReMax Realty Centre
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017