2554 Olive Drive
Palmdale, CA, 93550
$278,000
Price history
| Date | Price | Change |
|---|---|---|
| Sep 17, 2026 | $278,000 | Price reduced |
| Sep 2, 2026 | $282,000 | Listed |
MLS: 26006866
Beds
2
Baths
2
Sq Ft
853
Lot
4.83 ac
Year Built
1986
MLS #
26006866
Days on Market
58
Listed
Sep 2, 2026
Description
OPEN HOUSE 10/18/26 1pm-3pm. MOVE-IN READY IN GATED COMMUNITY! This beautifully maintained, upper-level condominium features 2 bedrooms, 2 baths, with 853 sq ft of living space, located in Monte Vista Community. Upgraded features include Alexa-enabled lighting throughout, a new HVAC system, new blinds, clean carpets, and in-unit laundry. Appliances are included, along with a Blink smart doorbell and smart door lock featuring fingerprint, keypad, key fob, and app-controlled entry. Step outside onto the spacious private balcony, perfect for relaxing. Enjoy the added benefits of 24-hour gated security, plus community amenities including two pools and two hot tubs. Conveniently located near shopping and restaurants, with several options within walking distance. A great opportunity for a first-time buyer, downsizer, or investor--come see it before it's gone!
Location
Palmdale, Los Angeles County, CA 93550
Open on Google Maps ↗Also listed on CRMLS · MLS# SR26201377
Listed by: Jasmin Cruz · Coldwell Banker-A Hartwig Co.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$2,399
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $27,800 · Loan: $250,200
Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $1,705
- Property tax (1.25%)
- $290
- Homeowners insurance
- $300
- Mortgage insurance
- $104
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 Oct 29, 2026
- 30-year fixed
- 7.24%
- 15-year fixed
- 6.60%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Palmdale, CA in context
Palmdale fits buyers who want Plant 42 access, west-side foothill streets in 93551, or east-of-the-14 value. The side of town matters more than the city slogan. Anaverde and Rancho Vista share 93551 and do not share the same HOA or tax bill. Central Palmdale is 93550. East Palmdale includes 93552 and 93591. Mike Watson, Keller Williams in Palmdale, DRE #01712313, licensed since 2005, prices those pockets separately. Open the west or east hub first. If Edwards is also in the household, use the two-gate housing guide next to the Plant 42 page. 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 $9,730 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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Also on CRMLS
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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.
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