1305 S 16th Street, Las Vegas, NV 89104, Las Vegas, 89104 - 3 bed, 2 bath
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Las Vegas, NV 89104
This Turnkey Short-Term Rental Business is listed at $781,000, representing a stable valuation near its $751,626 Fair Market Value when accounting for the included business assets and rare entitlement. Featuring an Excellent Condition Rating from a 2022 remodel, the property boasts a modern kitchen, sparkling pool, and a rare Short-Term Rental License that runs with the land. Located near the Arts District, this fully furnished asset provides immediate cash flow. It is a premier acquisition for Short-Term Rental Investors or Portfolio Diversifiers.
Property is new construction or fully renovated.
The property underwent an extensive renovation in 2022, which is within the 5-year threshold for an excellent rating. The kitchen, bathrooms, and flooring were all updated with modern, high-quality finishes. Visuals confirm contemporary lighting fixtures, updated interior doors, and a high-end walk-in shower with modern tiling, meeting current market standards for a turnkey, like-new interior.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1983.
The property includes a rare short-term rental license entitlement that runs with the land, offering a significant legal advantage and immediate income potential in a highly regulated market.
This is a fully operational business sale including all furniture, decor, appliances, a CRM system, and established five-star reviews, allowing for a seamless transition for the new owner.
Built in 1960, the property may have underlying structural or systemic components that are nearing the end of their functional lifespan despite recent cosmetic renovations.
The local high school carries a low rating of 2, which may limit the property's appeal to long-term residential families and impact future resale liquidity outside of the investor market.
Profitable LICENSED Airbnb for sale - $781k with $525k in real estate included! Located on the heart of Las Vegas! Minutes from The Strip and Downtown Las Vegas, The Arts District, Fremont Street, shopping, dining and major freeways make this an attractive destination for visitors and long-term value growth. Single story, 3 bedrooms + office/den, 2 bathrooms, sparkling pool! Short-tem rental license entitlement runs with the land making this a rare opportunity to operate a short term rental LEGALLY. Kitchen, bathrooms, and flooring were remodeled in 2022. CRM system, five star reviews, all appliances, furniture, and decor will be included. Shows beautifully! Don't wait! Schedule your showing & make this yours today!
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,983 | 1,593.5 | 74% |
| Lot Size | 8,276 | 6,970 | 71% |
| Price | $781.0K | $353.5K | 99% |
| Price per sq ft | $394 | $222 | 99% |
| Built year | 1960 | 1959 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 350 | 3% |
Feb 12, 2026
$781,000
Initial Listing