2554 Olive Drive 165, Palmdale, California 93550, Palmdale, 93550 - 2 bed, 2 bath
ACTIVE$293,000
2554 Olive Drive 165, Palmdale, California 93550
2Beds
2Baths
853Sqft
211,425Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Gated Community & Security: The property is located within the Gated Community of Monte Vista, offering enhanced security with 24-hour security patrol, providing peace of mind for residents.
Top Cons:
Monthly Association Fee: A monthly association fee of $378.0 adds a significant recurring cost to homeownership, which potential buyers must factor into their budget.
Compared to the nearby listings
Price:$293.0K vs avg $284.0K (+$9,000)63%
Size:853 sqft vs avg 853 sqft50%
Price/sqft:$343 vs avg $33363%
More Insights
Built in 1988 (37 years old).
Condition: The property, built in 1988, is 36 years old. While it benefits from recent fresh paint, upgraded kitchen cabinets, and granite countertops, these upgrades appear to be older, likely done 15-20 years ago, rather than recent. The kitchen features older black appliances and dated fluorescent lighting. Bathrooms have dated vanities with gold-toned faucets and basic fixtures. The laminate flooring in the living area and carpet in bedrooms are functional but not modern. Overall, the home is well-maintained and move-in ready, but many components show signs of being outdated and would require minor updates to meet current aesthetic standards.
Year Built
1988
Close
-
List price
$293K
Original List price
$293K
Price/Sqft
$343
HOA
$378
Days on market
-
Sold On
-
MLS number
SR25257596
Home ConditionFair
Features
Patio
View-
About this home
Welcome to the Gated Community of Monte Vista! Freshly painted throughout, this inviting 2-bedroom, 2-bath home features a spacious open-concept living and dining area, granite countertops, upgraded kitchen cabinets, and laminate flooring in the dining area. Features include in-unit laundry, covered parking, and a private patio offering a comfortable space to relax or entertain. Residents of Monte Vista enjoy resort-style amenities including 2 pools, 2 hot tubs, and 24-hour security patrol, all within a beautifully maintained gated setting. Ideally located near major freeways, shopping, dining, and public transportation, this home offers the perfect combination of comfort, convenience, and modern living. Don’t miss your opportunity to own in Monte Vista — where convenience meets peace of mind!
Price History
Date
Event
Price
01/20/95
Sold
$4,000
11/21/23
Sold
$270,000
11/01/05
Sold
$180,000
06/18/04
Sold
$115,000
03/21/03
Sold
$63,000
Condition Rating
Fair
The property, built in 1988, is 36 years old. While it benefits from recent fresh paint, upgraded kitchen cabinets, and granite countertops, these upgrades appear to be older, likely done 15-20 years ago, rather than recent. The kitchen features older black appliances and dated fluorescent lighting. Bathrooms have dated vanities with gold-toned faucets and basic fixtures. The laminate flooring in the living area and carpet in bedrooms are functional but not modern. Overall, the home is well-maintained and move-in ready, but many components show signs of being outdated and would require minor updates to meet current aesthetic standards.
Pros & Cons
Pros
Gated Community & Security: The property is located within the Gated Community of Monte Vista, offering enhanced security with 24-hour security patrol, providing peace of mind for residents.
Resort-Style Amenities: Residents enjoy access to resort-style amenities including two pools and two hot tubs, contributing to a desirable lifestyle and recreational opportunities.
Recent Interior Upgrades: The home features recent updates such as fresh paint throughout, granite countertops, upgraded kitchen cabinets, and laminate flooring, enhancing its modern appeal and move-in readiness.
Convenient Location: The location is ideal, offering easy access to major freeways, shopping centers, dining options, and public transportation, ensuring convenience for daily errands and commuting.
In-Unit Conveniences: The unit includes practical features like in-unit laundry, covered parking, and a private patio, adding to comfort and functionality for residents.
Cons
Monthly Association Fee: A monthly association fee of $378.0 adds a significant recurring cost to homeownership, which potential buyers must factor into their budget.
Building Age: Built in 1988, the property is over 35 years old, which may suggest older infrastructure or systems that could require future maintenance or updates not covered by the HOA.
Compact Living Space: With 853 square feet, the unit offers a relatively compact living space for a 2-bedroom, 2-bath configuration, which might be a limitation for buyers seeking more expansive interiors.