2554 Olive Drive 96
Palmdale, CA, 93550
$215,000
MLS: SR26020760
Beds
1
Baths
1
Sq Ft
529
Lot
4.83 ac
Year Built
1986
MLS #
SR26020760
Days on Market
80
Listed
Jan 28, 2026
Description
PRICE IMPROVEMENT !!! This turn key condo won't last much longer! Welcome to this newly renovated 1 bed, 1 bath condo in the well known gated community of Monte Vista in Palmdale. This is the perfect starter home for a single person or a young couple or anyone looking to downsize. It offers comfort and a lot of amenities for your buck with new flooring throughout. New granite counter tops, new recess lighting, new window treatments, stainless steel stove, dishwasher and microwave, new light fixtures, new bathroom vanity, new faucets, freshly painted. It also has central AC and Heating with a new smart thermostat and it has its own laundry area with a washer and dryer already in place as well as a private balcony. This community offers 24 hour security, an inviting swimming pool for the hot summer days , spa and additional laundry areas. Its very close to shopping, local transportation and just a few min from the 14 Fwy. Everything you need within a few min. Come take a look and fall in love, do not miss the opportunity to own this little gem in the heart of Palmdale.
Location
Palmdale, Los Angeles County, CA 93550
Open on Google Maps ↗Listed by: Nelson Hernandez · Alta Realty Group CA
Payment estimate
$1,793
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $21,500 · Loan: $193,500
- Principal & Interest
- $1,189
- Property tax (1.25%)
- $224
- Homeowners insurance
- $300
- Mortgage insurance
- $81
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $7,525 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
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