ActiveCondominium

2554 Olive Drive

Palmdale, CA, 93550

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$295,000

MLS: 26002855

Beds

2

Baths

2

Sq Ft

853

Lot

4.83 ac

Year Built

1986

MLS #

26002855

Days on Market

16

Listed

Apr 9, 2026

Description

Come see this beautifully maintained 2-bedroom, 2-bathroom 853 sq ft condominium in the gated Monte Vista community! This upper-level unit features a spacious balcony and 2 primary bedrooms each with it's own ensuite bathroom. Enjoy the convenience of in-unit laundry with stackable washer/dryer included. New HVAC installed. With Ring doorbell and keyless smart lock entry on both the security screen door and front door. One assigned covered parking space. Community features a park-like setting with 2 pools, 2 spas, dog walk area, and 24-hour gated security. Easy access to the 14 Fwy, shopping, and dining. This home is a must-see!

Location

Palmdale, Los Angeles County, CA 93550

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Listed by: David Manguramas · Coldwell Banker-A Hartwig Co.

Payment estimate

$2,349

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $29,500 · Loan: $265,500

%
Principal & Interest
$1,631
Property tax (1.25%)
$307
Homeowners insurance
$300
Mortgage insurance
$111
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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 $10,325 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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