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2554 Olive Drive 96 — Palmdale — 1 Bed • 1 Bath • 529 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+37 more

$224,999

77 DOM

$425/sqft1 bd1 ba529 sqftHOA ~375/mo

Call

2554 Olive Dr 96 Palmdale, CA 93550

4.83acre lot

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.

MLS SR26020760

888-504-5327 (Office) homesbynelsonh@gmail.com

Est. payment

$1,813/mo

Principal & interestTaxesInsuranceHOA

$1,138$234$66$375

Down %

Rate %

Years

Down payment: $45,000 · Total cost: $454,578

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$1,813/mo

Principal & interest: $1,138
Est. property tax: $234
Est. insurance: $66
HOA (normalized / mo): $375
Down payment: $45,000

Est. gross rent$937/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-876/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Jan 26, 2026	$224,999	—

Facts & Features

Transaction Data

HOA Fee$375/monthly

Structure & Property

Year Built1986

Garage Spaces1

888-504-5327 (Office) homesbynelsonh@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

2554 Olive Drive 96, Palmdale, CA 93550

Get Directions

Call

2554 Olive Dr 96 Palmdale, CA 93550

About this home

Nelson Hernandez

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Nelson Hernandez

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

2554 Olive Drive 96, Palmdale, CA 93550

About This Property

Property Photos

2554 Olive Dr 96 Palmdale, CA 93550

About this home

Nelson Hernandez

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Nelson Hernandez

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.