1321 Del Mar Street 4, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
1321 Del Mar Street 4
Las Vegas, NV 89119
Property Price
SUMMARY
Analysis of 1321 Del Mar Street 4, Las Vegas, NV 89119 is currently available with a list price of $264,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1984, the property is functional and maintained but shows significant signs of being outdated. The kitchen and bathrooms feature older cabinetry and standard appliances consistent with a property that has not undergone a full modern renovation in the last 15-20 years. While suitable for an investment rental, it requires cosmetic updates to meet current modern aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
The property is ideally situated near UNLV, the Las Vegas Strip, and the airport, making it highly attractive for students, commuters, and hospitality professionals.
- Spacious Layout
At 1,155 square feet, this unit offers a generous floor plan including a large living room and a spacious kitchen, providing more living area than many comparable two-bedroom condos.
- Investment Potential
Marketed as a great investment opportunity, the combination of its proximity to major employment hubs and functional design offers strong rental demand and long-term value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2767, other record lot size in square feet = 2450.
- Property Age
Built in 1984, the unit may require capital improvements or cosmetic updates to meet modern aesthetic standards and maintain competitive rental rates.
- Recurring HOA Costs
The $285 monthly association fee represents a significant ongoing expense that impacts the monthly budget and overall net operating income for investors.
About 1321 Del Mar Street 4
GREAT INVESTMENT OPPORTUNITY! Welcome home to the community of Del Mar Gardens! This second story condo has 2 bedrooms, 2 bathrooms, a balcony, large living room and a spacious kitchen with plenty of cabinet space. Community POOL and near UNLV, THE LAS VEGAS STRIP & THE AIRPORT.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 2,767 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $285 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,155 | 970 | 90% |
| Lot Size | 2,767 | 750 | 76% |
| Price | $264.9K | $125.0K | 99% |
| Price per sq ft | $229 | $167 | 92% |
| Built year | 1984 | 1980 | 62% |
| HOA | $285 | $215 | 78% |
| Days on market | 187 | 422 | 29% |
Pricing History
Listed for Sale
Sep 1, 2025
$264,900
Initial Listing