2554 Olive 101, Palmdale, California 93550, Palmdale, 93550 - 2 bed, 2 bath
2554 Olive 101
Palmdale, California 93550
Property Price
SUMMARY
Analysis of 2554 Olive 101, Palmdale, California 93550 is currently available with a list price of $285,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Palmdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1986, this property is well-maintained but remains largely in its original or slightly updated state. The kitchen features older white appliances and dated cabinetry rather than modern stainless steel and stone. While the unit is clean and move-in ready, the overall style of the fixtures, flooring, and bathrooms reflects a property that is functional but shows signs of being outdated, consistent with the 'fair' criteria for homes over 20 years old with no major recent renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Community Amenities
Located within the gated Monte Vista community, the property offers enhanced security and access to premium shared features including two swimming pools, a spa, and professionally landscaped grounds.
- High Functional Convenience
As a first-floor unit, this home provides excellent accessibility and includes highly desirable features such as in-unit laundry and two assigned covered parking spaces.
- Strategic Location
The property is ideally situated just minutes from major shopping, dining, and everyday amenities in Palmdale, offering a perfect balance of convenience and community living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =210489, other record lot size in square feet = 210422.
- Limited Square Footage
At 853 square feet for a two-bedroom, two-bathroom configuration, the living spaces and bedrooms may feel compact for families or those requiring extra storage.
- Recurring HOA Expenses
The monthly association fee of $387 represents a significant recurring cost that buyers must factor into their long-term affordability and debt-to-income calculations.
About 2554 Olive 101
Welcome to this charming 2-bedroom, 2-bathroom, 853 sq feet, condominium nestled within a beautifully maintained gated community Monte vista in Palmdale. Thoughtfully designed for comfort and functionality, this home is ideal for first-time buyers, downsizers, or savvy investors seeking a great opportunity. This inviting first-floor unit features a spacious, functional layout filled with abundant natural light. Enjoy the convenience of in-unit laundry and a private balcony--perfect for morning coffee, quiet reading, or relaxing evenings with friends and family. The unit also includes two assigned covered parking spaces for added convenience. The secure community offers manicured grounds with mature trees, lush landscaping, two sparkling pools, and a soothing spa, creating a peaceful and welcoming environment. Ideally located just minutes from shopping, dining, and everyday amenities, this home offers the perfect blend of comfort, convenience, and community. Don't miss the opportunity to make it yours!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 210,489 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $387.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 853 | 853 | 50% |
| Lot Size | 210,489 | 65,987 | 88% |
| Price | $285.0K | $270.8K | 75% |
| Price per sq ft | $334 | $315 | 63% |
| Built year | 1986 | 1986 | 50% |
| HOA | $387.0 | $376 | 63% |
| Days on market | 15 | 193 | 13% |
Pricing History
Listed for Sale
Feb 19, 2026
$285,000
Initial Listing
Sold
Mar 31, 2020
$170,000
Public Record
Sold
Jan 4, 2001
$49,000
Public Record
Sold
Sep 25, 2000
$44,746
Public Record