
Las Vegas, NV 89169
This property presents a High-Potential Investment Opportunity with a List Price of $106,000—positioned well below the $108,030 Fair Market Value by 1.88%. This valuation gap offers $2,030 in Instant Equity. Featuring a Fair Condition Rating (5/10), the unit requires a full interior rehab to modernize its aging infrastructure. With Seller Financing Available and a Large Enclosed Patio, this asset is well-suited for Buy-and-Hold Investors or first-time buyers seeking a value-add project near the Las Vegas Strip.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1370 Vegas Valley Drive 43 Subject | $106,000* List Price | 1 | 1 | 671 | $161 | - |
A 1370 VEGAS VALLEY Drive 47 Sold | $125,000 | 1 | 1 | 671 | $186 | - |
B 1370 VEGAS VALLEY Drive 47 Sold | $125,000 | 1 | 1 | 671 | $186 | - |
C 1420 Vegas Valley Drive 20 Active | $120,000 List Price | 1 | 1 | 671 | $179 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 with no evidence of recent renovations. The kitchen is significantly dated with original-style tile countertops, fluorescent light boxes, and aging appliances that likely exceed 30 years in age, indicating a need for a full rehab.
The 'Owner Will Carry' option provides a significant advantage for buyers who may not qualify for traditional financing or those seeking a faster, more flexible closing process.
Situated just minutes from the Las Vegas Strip, downtown, and major shopping hubs, the property offers excellent accessibility for commuters and high appeal for potential renters.
As a downstairs unit featuring a large enclosed patio, the property offers rare private outdoor space and easier accessibility compared to upper-level units in the complex.
The monthly HOA fee of $570 is notably high relative to the $106,000 asking price, which may deter budget-conscious buyers and impact the overall cap rate for investors.
Built in 1970, the property may require more frequent maintenance or capital improvements to its systems and common areas compared to newer residential developments.
OWNER WILL CARRY, OWNER WILL CARRY, OWNER WILL CARRY, Great downstairs unit with a large enclosed patio minutes from strip, shopping, downtown Las Vegas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 671 | - |
| Lot Size | - | - |
| Price | $106.0K | $217.2K |
| Price per sq ft | $158 | $219 |
| Built year | 1970 | 0 |
| HOA | $570 | $0 |
| Days on market | 9 | 828 |
Jul 13, 2026
$106,000
Initial Listing
Jun 13, 1997
$43,000
Public Record