2554 Olive Drive 9
Palmdale, CA, 93550
$279,000
MLS: SR26136269
Beds
2
Baths
2
Sq Ft
853
Lot
59708.00 ac
Year Built
1986
MLS #
SR26136269
Days on Market
1
Listed
Jun 22, 2026
Description
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!
Location
Palmdale, Los Angeles County, CA 93550
Open on Google Maps ↗Also listed on GAVAR · MLS# 26004738
Listed by: Jason Bruce · Century 21 Doug Anderson
Payment estimate
$2,672
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $27,900 · Loan: $251,100
Average 30-yr fixed rate 6.47% as of Jun 18, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $1,582
- Property tax (1.25%)
- $291
- Homeowners insurance
- $300
- Mortgage insurance
- $105
- HOA dues
- $395
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 18, 2026
- 30-year fixed
- 6.47%
- 15-year fixed
- 5.81%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Palmdale, CA in context
Palmdale runs the gamut from the foothill estates of West Palmdale (93551) — Rancho Vista, Anaverde, and the desirable hill-side communities — to the value-priced newer construction of East Palmdale (93552). Central Palmdale (93550) covers the original part of the city and the Civic Center, and 93591 picks up the Llano border. Active listings across all four ZIPs are below. As a local Palmdale Realtor since 2005, Mike Watson knows how Rancho Vista, Anaverde, and the east-side tracts price out and which ZIP fits your budget. If you are evaluating homes in Palmdale, Mike Watson lives and works the Palmdale market every day. He pairs this listing with a free market analysis for your specific street, an honest read on the financing options that fit (FHA, VA, USDA, CalHFA, conventional, and assumable when the loan supports it), and a side-by-side compare against the rest of the active inventory in the area.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Palmdale home with as little as 3.5% down using an FHA loan — roughly $9,765 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Palmdale, CA 93550 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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