2554 Olive Dr, Apt 8, Palmdale, CA 93550
2554 Olive Dr, Apt 8, Palmdale, CA 93550
Property Description
Welcome to 2554 Olive Drive #8 in Palmdale! This charming upstairs 1-bedroom, 1-bath home offers a great opportunity for first-time buyers, downsizers, or investors looking for an income-producing property. Located inside a gated community with beautifully maintained grounds, this home offers comfort, convenience, and low-maintenance living. The HOA includes security, landscaping, trash, and water, helping simplify monthly expenses and upkeep. Residents also enjoy two community pools, two spas, two laundry rooms conveniently located in the pool and spa areas, and common restrooms in both amenity areas. The functional layout makes excellent use of the space, creating a comfortable and inviting place to call home. Whether you're ready to stop renting, looking for an easy-to-manage residence, or searching for your next investment opportunity, this property offers plenty of potential in a convenient Palmdale location.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 0 active · 2 closed
Palmdale · Condominium
Listed 12.1% below the median closed sale of $215,000. Price per sqft ($357) is a 12% discount to closed comps ($406). Closed comps sold at 103% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Closed Properties (2)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2554 Olive Drive | Palmdale | 1986 | 08/27/2026 | 1 | 1 | 529 | 210,489 | $199,999 | $215,000 | $406 | 1.07 | 70 | 92 |
| 2554 Olive Drive | Palmdale | 1988 | 08/06/2025 | 1 | 1 | 529 | 211,425 | $219,900 | $215,000 | $406 | 0.98 | 61 | 83 |
| Total: 2 · Average | 1.0 | 1.0 | 529 | 210,957 | $215,000 | $215,000 | $406 | — | 65.5 | ||||
| Median | 529 | $215,000 | $215,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.