7371 Spruce Circle
About This Property
Offered for the very first time by its original owner, the home has been thoughtfully cared for over the years and recently refreshed with major improvements. Recent upgrades include a full home re-pipe, roof servicing, fresh interior paint, brand-new carpet, termite clearance, updated kitchen and bathrooms, and refreshed landscaping-giving buyers the comfort of moving into a home that has already had the important work done.
Inside, the home welcomes you with soaring two-story ceilings in the living room that create an open, light-filled space perfect for both relaxing evenings and entertaining guests. The functional floor plan offers four spacious bedrooms and three bathrooms, providing flexibility for growing families, guests, or a home office. An attached garage with direct access adds everyday convenience, while the inside laundry room keeps daily tasks simple and organized.
Beyond the home itself, the location is part of what makes this property truly special. La Palma is widely appreciated for its close-knit feel and strong sense of community. Residents enjoy neighborhood parks, community programs, and popular events like concerts in the park and the annual La Palma Days celebration that bring neighbors together throughout the year. The city's parks and recreation spaces-including the beloved Central Park-offer playgrounds, sports fields, and outdoor gathering spaces that make it easy to enjoy Southern California living.
Despite its quiet residential charm, La Palma is also conveniently located near major freeways and surrounding Orange County destinations, making commuting, dining, and weekend adventures easily accessible.
This is the kind of home that rarely comes available: well cared for, thoughtfully updated, and located in one of North Orange County's most welcoming communities. Whether you're looking to plant roots, grow your family, or simply enjoy a peaceful neighborhood with a true sense of community, this La Palma home is ready for its next chapter.
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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 |
|---|---|---|---|
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Dec 19, 2025 | Listed by First Team Real Estate | $1,199,000 | |
| Listed by First Team Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017