
Las Vegas, NV 89169
This Centrally Located Condominium Asset represents a Strong Value Opportunity with a List Price of $115,000—positioned well below the $121,500 Fair Market Value by 5%. This valuation gap provides $6,500 in Instant Equity for the incoming owner. While the property maintains a Condition Rating of 4 due to its original 1970s finishes, the unit features a private patio and access to community pools just minutes from the Las Vegas Strip. This functional floor plan offers significant rental demand and a low-cost entry point for Buy-and-Hold Investors or first-time buyers seeking forced appreciation through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1370 Vegas Valley Drive 46 Subject | $115,000* List Price | 1 | 1 | 671 | $181 | - |
A 1405 VEGAS VALLEY Drive 322 Sold | $125,000 | 1 | 1 | 671 | $186 | 0.2 mi |
B 1405 Vegas Valley Drive 322 Sold | $125,000 | 1 | 1 | 671 | $186 | 0.2 mi |
C 1405 Vegas Valley Drive 322 Sold | $125,000 | 1 | 1 | 671 | $186 | 0.2 mi |
D 1370 VEGAS VALLEY Drive 47 Sold | $125,000 | 1 | 1 | 671 | $186 | - |
E 1420 Vegas Valley Drive 22 Active | $119,999 List Price | 1 | 1 | 671 | $179 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1970 (54 years old) and, while functional and move-in ready, it is significantly dated. The interior shows older cosmetic updates such as marble-look tile and mirrored walls that likely exceed 15-20 years in age. The exterior wood structures show signs of weathering, suggesting the unit needs minor repairs and modernizing to meet current market standards.
Situated near the Las Vegas Strip and major freeways, this property offers exceptional access to world-class dining, shopping, and entertainment hubs.
With a competitive list price of $115,000, this unit presents an affordable entry point for first-time buyers or investors seeking a rental property in a high-demand area.
The inclusion of a private patio provides a rare dedicated outdoor space for a one-bedroom condo, enhancing the overall functional square footage and lifestyle appeal.
Built in 1970, the property may require modern updates to its core systems or interior finishes to remain competitive with newer developments in the area.
The $277 monthly association fee represents a significant recurring expense relative to the purchase price, which may impact the overall net yield for investment-focused buyers.
Welcome to this centrally located 1-bedroom/1-bath Las Vegas condo offering comfort, convenience, and value. Situated near the vibrant Las Vegas Strip, shopping, dining, and major freeways, this property provides easy access to everything the city has to offer. This condo unit features a functional floor plan, a spacious living area, and a private patio perfect for relaxing. Ideal for a primary residence, second home, or investment opportunity. Located in a community with amenities (buyer to verify), this property offers low-maintenance living in a highly accessible location. Don’t miss this opportunity to own in one of Las Vegas’ most convenient areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 671 | 727 | 43% |
| Lot Size | - | 974 | 36% |
| Price | $115.0K | $130.0K | 29% |
| Price per sq ft | $171 | $186 | 42% |
| Built year | 1970 | 1973 | 35% |
| HOA | $277 | $230 | 62% |
| Days on market | 6 | 742 | 1% |
Apr 16, 2026
$115,000
Initial Listing