
Cypress, California 90630
This High-Potential Investment Opportunity is listed at $750,000, positioned well above the $660,926 Fair Market Value by -13%. While the property requires cosmetic modernization given its Condition Rating of 4, it offers a rare 4-bedroom layout within the prestigious Los Alamitos Unified School District. The low $290 HOA fee and community pool access provide long-term stability. This asset is best suited for Value-Add Investors or Owner-Occupants willing to renovate to capture equity in a top-tier school zone.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10406 Carlyle Court Subject | $750,000* List Price | 4 | 3 | 1,306 | $506 | - |
A 4043 Larwin Ave Sold | $800,000 | 3 | 2 | 1,426 | $561 | 0.4 mi |
B 4119 Larwin Sold | $800,000 | 3 | 3 | 1,587 | $504 | 0.4 mi |
C 4183 Elizabeth Court Sold | $900,000 | 4 | 3 | 1,750 | $514 | 0.4 mi |
D 4177 Elizabeth Court Sold | $795,000 | 3 | 2 | 1,564 | $508 | 0.4 mi |
E 4238 Via Largo Sold | $745,000 | 3 | 3 | 1,587 | $469 | 0.6 mi |
F 9824 Via Sonoma Sold | $750,000 | 3 | 3 | 1,587 | $473 | 0.6 mi |
G 4586 Larwin Active | $775,000 List Price | 4 | 2 | 1,508 | $514 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964 with interior updates (oak cabinetry, laminate counters) likely dating back 20-30 years. The kitchen features dated fluorescent lighting and older appliances. Significant wear is visible on the carpeting, and the overall aesthetic is dated, requiring cosmetic modernization and minor repairs.
The property is located within the highly sought-after Los Alamitos Unified School District and is within walking distance to multiple schools, providing significant long-term value and appeal for families.
Featuring 4 bedrooms and 3 bathrooms, this unit offers a rare and versatile layout for a townhouse of this size, making it ideal for larger families or those requiring dedicated home office spaces.
At $290 per month, the HOA dues are remarkably low for the area, especially considering the inclusion of community amenities such as a pool and well-maintained courtyard views.
The property has undergone two significant price reductions from an initial $825,000 to $750,000 within 35 days, which may signal to buyers a lack of initial market traction or underlying condition issues.
With 4 bedrooms distributed across only 1,306 square feet, the individual room sizes and common areas may feel cramped compared to modern residential standards.
Spacious 4 bedroom condominium located in a small quiet community with a community pool within walking distance of many schools.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,306 | 1,426 | 24% |
| Lot Size | 1,075 | 1,850 | 4% |
| Price | $750.0K | $770.0K | 48% |
| Price per sq ft | $574 | $553 | 76% |
| Built year | 1964 | 1967 | 8% |
| HOA | $290.0 | $290 | 50% |
| Days on market | 49 | 138 | 12% |
May 30, 2026
$750,000
$799,000
-6% Price Drop
Initial Listing
May 15, 2026
$799,000
$825,000
-3% Price Drop
Initial Listing
Apr 28, 2026
$825,000
Initial Listing