
Las Vegas, NV 89169
This property presents a High-Potential Investment Opportunity with a List Price of $102,000—positioned well below the $106,630 Fair Market Value by 4%. This valuation gap offers $4,630 in Instant Equity for buyers. Featuring a Condition Rating of 5, the unit requires a full rehab to modernize its 1970s infrastructure. Its prime location near the Las Vegas Strip and flexible "Owner Will Carry" financing make this an ideal asset for Buy-and-Hold Investors or first-time investors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1370 Vegas Valley Drive 44 Subject | $102,000* List Price | 1 | 1 | 671 | $159 | - |
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, this 54-year-old property exceeds the 30-year threshold for original condition. The kitchen is significantly dated with tile countertops and older appliances, and the interior features popcorn ceilings and original-style cabinetry. While currently functional, the unit requires a full rehab to address its age and lack of modern updates.
The seller is offering 'Owner Will Carry' terms, which is a significant advantage for buyers who may not qualify for traditional financing or are looking for a streamlined purchase process.
Ideally situated just minutes from the Las Vegas Strip, downtown, and major shopping hubs, providing excellent convenience for residents and high appeal for potential tenants.
Priced at $102,000, this unit offers an affordable entry-level opportunity into the Las Vegas real estate market, making it attractive for first-time investors.
The monthly HOA fee of $570 is quite high relative to the property's square footage and list price, which significantly impacts the monthly carrying costs and overall ROI.
Built in 1970, the property may require more frequent maintenance or capital improvements to older systems and common areas compared to newer condominium developments.
OWNER WILL CARRY, OWNER WILL CARRY, OWNER WILL CARRY, Great upstairs unit 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 | $102.0K | $217.2K |
| Price per sq ft | $152 | $219 |
| Built year | 1970 | 0 |
| HOA | $570 | $0 |
| Days on market | 9 | 828 |
Jul 13, 2026
$102,000
Initial Listing