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5805 Oak Bend Lane 407, Oak Park, California 91377, Oak Park, 91377 - 2 bed, 2 bath

5805 Oak Bend Lane 407, Oak Park, California 91377 home-pic-0
ACTIVE$515,000
5805 Oak Bend Lane 407, Oak Park, California 91377
2Beds
2Baths
1,104Sqft
1,104Lot
Year Built
1990
Close
-
List price
$515K
Original List price
$559K
Price/Sqft
$466
HOA
$570
Days on market
-
Sold On
-
MLS number
SR25095013
Home ConditionFair
Features
Good View: Hills, Mountain(s)
Deck
ViewHills, Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $515.0K(38th), sqft - 1104(50th), beds - 2(50th), baths - 2(50th).

Views, views and more views! Private & spacious 2 bed/2 baths penthouse featuring vaulted ceilings and a desirable & open floorplan. No adjoining walls, only one neighbor below. The large living room offers a cozy fireplace w/glass doors, vaulted ceilings and is open to a spacious dining area, complete w/chandelier. The living room also offers a sliding door, which allows access to a spacious & private balcony with open space views. This large balcony is perfect for entertaining or just to sit back & relax. The kitchen is light & bright and features plenty of cabinetry, counter space, and stainless appliances, including a refrigerator. The primary suite offers an ensuite bathroom, a large walk-in closet and access to an additional large & private balcony, perfect to enjoy the stunning views! The spacious secondary bedroom can easily accommodate multiple children. You will also find a nice hallway bathroom complete with bathtub. The oversized washer & dryer closet area is located on the secondary balcony off of the primary suite. This move-in ready condo shows pride of ownership. The community offers "resort-style" amenities, including: multiple community pools & spas, a clubhouse complete with gym & racquetball courts, picnic areas, volleyball court and more! This beautiful community is located within walking distance to some of the best award winning schools in California.

Nearby schools

10/10
Oak Park High School
Public,•9-12•0.3mi

Price History

Date
Event
Price
08/02/25
$515,000-2.8%
08/01/25
$530,000
05/23/25
$559,000
Condition Rating
Fair
Built in 1990, this condo is 34 years old. While it is described as 'move-in ready' and shows 'pride of ownership,' the images reveal a kitchen with dated light wood cabinetry, tile countertops, and older-style flooring, despite having stainless steel appliances. The living areas feature carpet and light fixtures consistent with the property's age. There are no visible signs of major recent renovations (within the last 15 years) that would elevate it to 'Good' condition. The property is well-maintained and functional but shows clear signs of being outdated in key areas like the kitchen and likely the bathrooms (no images provided, but typically follow the kitchen's style). This aligns with the 'Fair' criteria of being aged but maintained, with functional but outdated major components, and built within the last 25-40 years without major renovations since construction.
Pros & Cons

Pros

Exceptional Views: The penthouse unit boasts extensive 'views, views and more views' of hills and mountains from multiple vantage points, including two private balconies, significantly enhancing its appeal and value.
Premium Penthouse Features: As a private and spacious penthouse, it offers vaulted ceilings, an open floorplan, no adjoining walls, and only one neighbor below, providing superior privacy and a sense of spaciousness.
Resort-Style Community Amenities: The community provides a wealth of 'resort-style' amenities including multiple pools & spas, a clubhouse with a gym, racquetball courts, picnic areas, and a volleyball court, offering a vibrant lifestyle.
Top-Rated School District: Located within walking distance to 'some of the best award winning schools in California' within the Oak Park Unified High School District, making it highly desirable for families.
Move-in Ready Condition: Described as 'move-in ready' and showing 'pride of ownership,' indicating the unit is well-maintained and requires minimal immediate investment for new occupants.

Cons

High Monthly Association Fee: The association fee of $570.0 per month is substantial and could be a significant ongoing cost for potential buyers, impacting affordability and long-term expenses.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price of $559,000 to $515,000, which might suggest initial overpricing or a slower market, potentially raising buyer concerns.
Outdoor Laundry Location: The oversized washer & dryer closet area is located on the secondary balcony, which may be less convenient and expose appliances to outdoor elements compared to an indoor laundry room.

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