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

5401 Twin Lakes Drive, Cypress, California 90630 home-pic-0
ACTIVE$638,000
5401 Twin Lakes Drive, Cypress, California 90630
2Beds
2Baths
1,156Sqft
154,996Lot
Year Built
1979
Close
-
List price
$638K
Original List price
$639K
Price/Sqft
$552
HOA
$522
Days on market
-
Sold On
-
MLS number
PW25104881
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $638.0K(53th), sqft - 1156(50th), beds - 2(50th), baths - 2(50th).

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.

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, is described as 'upgraded' and 'move-in ready.' The images confirm this with updated bathrooms featuring modern tiling and fixtures, and contemporary wood-look flooring throughout the main living areas and bedrooms. While the kitchen appliances appear older and the cabinet style is somewhat dated, it is functional and well-maintained, not requiring immediate renovation for occupancy. The overall condition reflects a property that has undergone significant updates in key areas, making it comfortable and ready for a new owner, aligning with the 'Good' criteria of being move-in ready with well-maintained systems and some updated components, despite not having a full recent renovation.
Pros & Cons

Pros

Upgraded & Move-in Ready Condition: The condo is described as 'beautiful and upgraded,' featuring an 'upgraded walk-in shower' in the master and an 'upgraded shower & tub' in the second bathroom, making it 'move-in ready' for immediate occupancy.
Prime Location & Accessibility: Strategically located near major freeways (91 and 605), shopping centers, restaurants, parks, and award-winning schools, including Cypress College, Cypress High School, Kennedy High School, and Oxford Academy.
Community Amenities & Ambiance: The Twin Lakes Community offers a quiet and private setting with serene streams and ponds, featuring a pool, spa, two BBQ areas, ample visitor parking, and lush, maintained landscaping.
End-Unit Advantage: As an end-unit, the property typically benefits from increased natural light, enhanced privacy, and fewer shared walls compared to interior units.
Functional Layout & Desirable Features: The unit boasts an open floor plan, a formal dining area, a spacious master suite, and a large living room complete with a cozy fireplace, enhancing livability and appeal.

Cons

High Monthly HOA Fee: The $522.0 monthly association fee is substantial and represents a significant recurring cost that impacts the overall affordability and budget for potential buyers.
Property Age: Built in 1979, the property is over 40 years old. While upgraded, older construction can sometimes imply potential for future maintenance or system replacements not covered by HOA.
Lack of Specific Views: The property details explicitly state 'view: None,' indicating the unit does not offer any notable scenic or panoramic views, which may be a drawback for buyers prioritizing such features.

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