5475 Twin Lakes, Cypress, California 90630, Cypress, 90630 - 2 bed, 1 bath
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Cypress, California 90630
This Spacious Condominium is a Strong Value Opportunity, listed at $600,000—positioned well below the $620,734 Fair Market Value by 3%. This valuation gap offers $20,734 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes recent upgrades like new windows and flooring. Residents enjoy community amenities including a pool, spa, and private patio. Located in the Cypress School District, this property is an ideal choice for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5475 Twin Lakes Subject | $600,000* List Price | 2 | 1 | 1,156 | $537 | - |
A 9051 Cobblestone 40 Sold | $570,000 | 2 | 1 | 982 | $580 | 0.7 mi |
B 9678 Walker Court Sold | $700,000 | 2 | 3 | 1,411 | $496 | 0.9 mi |
C 5342 Bishop Sold | $775,000 | 2 | 3 | 1,575 | $492 | 0.3 mi |
D 8561 La Salle 53 Active | $489,000 List Price | 2 | 1 | 881 | $555 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but features significant recent upgrades including new flooring, windows, and lighting. The kitchen and bathroom have been refreshed with newer stone countertops and modern fixtures. While the cabinetry and appliances are older, the property is well-maintained, functional, and move-in ready.
Situated in a top-tier school district and a safe, quiet neighborhood near Arnold Cypress Park, offering significant long-term value and appeal for families.
This private end unit features recent renovations including new windows, flooring, and lighting, combined with high ceilings that create a bright and contemporary living space.
The property provides fast access to major commuter routes including the 91, 5, and 605 freeways, making it an ideal location for professionals.
The association fee of $550 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
With only one bathroom for a two-bedroom unit of over 1,100 square feet, the layout may be less convenient for roommates or small families compared to units with a second bath.
Great opportunity to own a spacious condominium in a very quiet and safe area with top-tier school district and a lot of community amenities. Nicely upgraded private end unit with new windows, floor, lighting and with high ceiling living room and bedroom. Located close to Arnold Cypress Park and fast access to 91, 5 and 605 freeways. Don't miss the chance before it goes since it won't stay long in the market!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,156 | 1,800 |
| Lot Size | 154,996 | 32,025 |
| Price | $600.0K | $1.07M |
| Price per sq ft | $519 | $616 |
| Built year | 1979 | 2018 |
| HOA | $550.0 | $355 |
| Days on market | 27 | 65 |
Jun 25, 2026
$600,000
Initial Listing
Apr 29, 2022
$550,000
Public Record
Nov 18, 2019
$425,000
Public Record
Sep 24, 2019
$400,000
Public Record
Jul 3, 2017
$390,000
Public Record