2554 Olive Drive 19, Palmdale, California 93550, Palmdale, 93550 - 2 bed, 2 bath
Loading property details...
Palmdale, California 93550
This 2-bedroom, 2-bathroom condominium represents a High-Potential Investment Opportunity, currently listed at a List Price of $279,000, which aligns with the $279,000 Fair Market Value. While the property is in Fair Condition Rating due to original 1986 finishes, it offers a turnkey appliance package and access to premium community amenities like pools and spas. This asset is well-positioned for those seeking a stable rental or a manageable starter home. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to enter the Palmdale market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2554 Olive Drive 19 Subject | $279,000* List Price | 2 | 2 | 853 | $327 | - |
A 2554 Olive Drive 10 Active | $279,000 List Price | 2 | 2 | 853 | $327 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986 (38 years old), the property is significantly dated and appears to retain most original finishes. The kitchen features older oak cabinetry and white tile countertops which, while functional, require modernization. Although the listing describes the unit as well-maintained and move-in ready, the age of the systems and the lack of recent renovations place it in the Fair category, needing cosmetic updates throughout.
The unit comes fully equipped with a washer, dryer, refrigerator, oven, and microwave, providing significant value and convenience for first-time homebuyers or immediate rental readiness for investors.
Situated within the gated Monte Vista community, the property offers premium lifestyle features including 24/7 security, two pools, two spas, and lush, mature landscaping.
The property is strategically located with easy access to the 14 Freeway and is within close proximity to major shopping, dining, and local attractions like DryTown Water Park.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =59708, other record lot size in square feet = 72267.
The $395 monthly association fee represents a significant recurring expense that may impact the debt-to-income ratio for budget-conscious buyers.
With only 853 square feet of living space for a two-bedroom, two-bathroom layout, the interior may feel restrictive for families or those requiring additional storage.
Excellent starter home or investment opportunity available in the heart of East Palmdale. Whether you're an active investor or someone looking for a great place to call home, this is the perfect spot for your needs. This unit is a 2 bedroom, 2 bathroom condominium suite in the gated Monte Vista community. Fully equipt with its own washer/dryer, refrigerator, oven/stove & microwave. This well maintained HOA includes motorized entry/exit gates, 2 pools, 2 spas, 2 laundry rooms, on-site security guards, dog walking areas & beautiful landscaping with lots of mature trees. Located next to shopping, dining, DryTown Water Park, hiking trails, and easy access to the 14 Freeway. Don't wait and let this opportunity pass you by. Get your offer in today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 853 | 1,342 |
| Lot Size | 59,708 | 1,358 |
| Price | $279.0K | $326.9K |
| Price per sq ft | $327 | $248 |
| Built year | 1986 | 1987 |
| HOA | $395.0 | $425 |
| Days on market | 30 | 166 |
Jun 22, 2026
$279,000
Initial Listing
Nov 12, 2010
$48,000
Public Record