2554 Olive Drive 116, Palmdale, California 93550, Palmdale, 93550 - 2 bed, 2 bath

2554 Olive Drive 116, Palmdale, California 93550 home-pic-0
ACTIVE$295,000
2554 Olive Drive 116, Palmdale, California 93550
2Beds
2Baths
853Sqft
Lot
Year Built
1986
Close
-
List price
$295K
Original List price
$295K
Price/Sqft
$346
HOA
$378
Days on market
-
Sold On
-
MLS number
SR25239886
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
Deck
Pool
Spa
ViewMountain(s), Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $295.0K(63th), sqft - 853(50th), beds - 2(50th), baths - 2(50th).

Spacious Upper-Floor Condo with Dual Primary Suites in a Gated Community of Monte Vista. Welcome home to this beautifully maintained upper-floor unit featuring two primary bedrooms, offering both comfort and flexibility. Freshly painted throughout, the home boasts a large open living and dining area, granite countertops in the kitchen, upgraded kitchen cabinets, newer carpet in the living area and bedrooms, and laminate flooring in the dining area. Enjoy the convenience of in-unit laundry hookups (NEW stackable washer and dryer included), ample storage, covered parking, and a spacious private patio perfect for relaxing or entertaining. Located within a secure, gated community, residents can take advantage of two sparkling pools, two hot tubs, a dog walk area, laundry facilities, and 24-hour security gates. Ideally situated near major freeways, shopping, dining, and public transportation, this home offers both comfort and convenience in one great package.

Price History

Date
Event
Price
10/17/25
Listing
$295,000
Condition Rating
Good

Built in 1986, this condo has undergone significant recent cosmetic updates, including freshly painted interiors, upgraded kitchen cabinets with granite countertops, newer carpet, and laminate flooring. A new stackable washer and dryer are also included. While the kitchen appliances appear older and bathroom fixtures are basic, the property is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Dual Primary Suites: The unit features two primary bedrooms, offering enhanced comfort and flexibility for various living arrangements, such as roommates or guests.
Gated Community & Amenities: Located within a secure, gated community (Monte Vista) that provides residents with access to two pools, two hot tubs, a dog walk area, laundry facilities, and 24-hour security gates, enhancing lifestyle and security.
Recent Interior Updates: The home has been freshly painted throughout and boasts upgraded kitchen cabinets, granite countertops, newer carpet, laminate flooring, and includes a new stackable washer and dryer, minimizing immediate buyer expenses.
Convenient Location: Ideally situated near major freeways, shopping centers, dining options, and public transportation, offering excellent accessibility and convenience for residents.
Private Outdoor Space & Parking: Includes a spacious private patio perfect for relaxation or entertaining, along with the convenience of covered parking and ample storage.

Cons

Monthly Association Fee: A monthly association fee of $378.0 adds a recurring cost to homeownership, which may impact affordability for some buyers.
Building Age: Built in 1986, the building is older, which could potentially lead to higher maintenance costs or future assessments for common area repairs, despite interior updates.
Compact Square Footage: With 853 square feet, the unit offers a compact living space, which might be a limitation for buyers seeking more expansive rooms or additional functional areas.

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