5401 Twin Lakes Dr, Cypress, California 90630, Cypress, 90630 - 2 bed, 2 bath

5401 Twin Lakes Dr, Cypress, California 90630 home-pic-0
ACTIVE$628,000$1,156/sqft
5401 Twin Lakes Dr, Cypress, California 90630
2Beds
2Baths
1,156Sqft
154,996Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Move-in Ready & Upgraded Interior: The condo is described as 'move-in ready' with significant interior upgrades, including a spacious master suite with an upgraded walk-in shower and a second upgraded bathroom, offering immediate comfort and modern living.
Top Cons:
High Monthly HOA Fee: The $550 monthly association fee is substantial and could be a significant factor for potential buyers, impacting overall affordability.

Compared to the nearby listings

Price:$628.0K vs avg $625.0K (+$3,000)53%
Size:1,156 sqft vs avg 1,110 sqft53%
Price/sqft:$543 vs avg $55737%

More Insights

Built in 1979 (47 years old).
Condition: The property, built in 1979, has undergone significant and consistent upgrades, making it move-in ready. The kitchen features modern stainless steel appliances, dark granite countertops, and white cabinets, along with recessed lighting. Both bathrooms have been updated with contemporary tiling, fixtures, and the master includes an upgraded walk-in shower. Throughout the main living areas and bedrooms, there is well-maintained wood-look laminate flooring, replacing older materials. The overall interior shows minimal wear and tear, indicating renovations likely within the last 5-15 years, aligning with the 'Good' condition criteria.
Year Built
1979
Close
-
List price
$628K
Original List price
$628K
Price/Sqft
$543
HOA
$550
Days on market
-
Sold On
-
MLS number
PW26003563
Home ConditionGood
Features
Patio
View-

About this home

Welcome!! to this beautiful and upgraded end-unit condo in the pleasant Twin Lakes Community of Cypress! This 2 Bedroom/1.75 Baths unit is move-in ready and conveniently located on the end. This unit features an open floor plan complete with formal dining area, spacious master suite with upgraded walk-in shower, second bathroom with upgraded shower & tub, and large living room with cozy fireplace. Twin Lakes Community is a quiet and private community surrounded by serene streams and ponds. The community features great amenities including pool and spa, two BBQ areas, ample visitor parking, and lush landscaping all maintained by the community. Twin Lakes Community is located near freeways 91 and 605, shopping centers, restaurants, parks, and award-winning schools. It’s just minutes away from Cypress College, Cypress High School, Kennedy High School, and Oxford Academy. Trash and water are included in the HOA monthly fees.

C
Catherine Kim
Listing Agent

Price History

Date
Event
Price
10/31/24
Sold
$630,000
06/08/16
Sold
$375,000
02/28/12
Sold
$160,000
01/11/07
Sold
$357,500
Condition Rating
Good

The property, built in 1979, has undergone significant and consistent upgrades, making it move-in ready. The kitchen features modern stainless steel appliances, dark granite countertops, and white cabinets, along with recessed lighting. Both bathrooms have been updated with contemporary tiling, fixtures, and the master includes an upgraded walk-in shower. Throughout the main living areas and bedrooms, there is well-maintained wood-look laminate flooring, replacing older materials. The overall interior shows minimal wear and tear, indicating renovations likely within the last 5-15 years, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Move-in Ready & Upgraded Interior: The condo is described as 'move-in ready' with significant interior upgrades, including a spacious master suite with an upgraded walk-in shower and a second upgraded bathroom, offering immediate comfort and modern living.
Prime Location & Accessibility: Strategically located near major freeways (91 & 605), shopping centers, restaurants, parks, and highly-rated schools, including Cypress College and Oxford Academy, ensuring convenience and strong educational opportunities.
Excellent Community Amenities: The Twin Lakes Community provides a resort-like lifestyle with a pool, spa, two BBQ areas, ample visitor parking, and lush, well-maintained landscaping, enhancing resident quality of life.
Serene End-Unit Setting: Positioned as an end-unit within a quiet and private community, surrounded by serene streams and ponds, offering enhanced privacy and a tranquil living environment.
HOA Value with Included Utilities: The monthly HOA fee includes trash and water, simplifying utility management and potentially offering cost savings for residents.

Cons

High Monthly HOA Fee: The $550 monthly association fee is substantial and could be a significant factor for potential buyers, impacting overall affordability.
Age of Building/Community: Built in 1979, the community and building infrastructure are over 40 years old, which may lead to higher long-term maintenance costs or potential special assessments for common area repairs, despite unit upgrades.
Lack of Specific View: The property description indicates 'None' for views, which might be a drawback for buyers seeking scenic outlooks from their home.
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