2554 Olive Dr APT 96, Palmdale, CA, 93550
About This Home
PRICE IMPROVEMENT!!! This turn key condo will not 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. The HOA is very affordable and it includes water, trash and ground keeping. Come take a look and fall in love, do not miss the opportunity to own this little gem in the heart of Palmdale.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1986
Materials
- Foundation: Slab
- Roof: Composition,Tile
- Construction materials: Frame,Stone
Type & Style
- Home type: Condo
- Architectural style: Contemporary
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Gas Range,Microwave
- Laundry features: In Unit,Common Area
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Laminate
- Fireplace features: None
Heating
- Heating features: Heat Pump
Interior Area
- Total structure area: 529
- Total interior livable area: 529 sqft
Property
Details
- Parcel number: 3053052447
- Zoning: PDRPD15U
Features
- Stories: 1
- Private pool: Yes
- Pool features: Community,In Ground,Association
- Exterior features: Balcony
- Spa features: Community
Lot
- Lot size: 4.83 Acres
Parking
- Total spaces: 1
- Parking features: Garage,Carport
- Attached garage spaces: 1
- Covered spaces: 1
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,087 | $13,044 |
| Home Insurance * | $65 | $780 |
| Property Taxes | $301 | $3,612 |
| Electricity | $398 | $4,786 |
| Total | $1,851 | $22,212 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Price change | $210,000 |
| 2026-04-18 | Price change | $215,000 |
| 2026-01-29 | Listed for sale | $224,999 |
| 2022-07-07 | Listing removed | -- |
| 2022-07-05 | Listed for rent | $1,595 |
| 2021-12-04 | Listing removed | -- |
| 2021-11-20 | Listed for rent | $1,495 |
| 2021-11-05 | Sold | $160,000 |
| 2021-09-18 | Pending sale | $149,900 |
| 2021-09-13 | Listed for sale | $149,900 |
| 2020-12-09 | Listing removed | $135,000 |
| 2020-12-07 | Listed for sale | $135,000 |
| 2017-08-16 | Sold | $87,000 |
| 2017-07-19 | Pending sale | $87,000 |
| 2017-07-07 | Listed for sale | $87,000 |
| 2017-06-19 | Pending sale | $87,000 |
| 2017-06-01 | Listed for sale | $87,000 |
| 2017-04-24 | Listing removed | $79,000 |
| 2017-04-21 | Listed for sale | $79,000 |
| 2017-03-15 | Pending sale | $79,000 |
| 2017-02-06 | Listed for sale | $79,000 |
| 2001-08-10 | Sold | $39,000 |
| 1995-07-28 | Sold | $21,000 |
| 1994-12-05 | Sold | $56,715 |
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