1381 E University Avenue 110, Las Vegas, NV 89119, Las Vegas, 89119 - 1 bed, 1 bath
1381 E University Avenue 110
Las Vegas, NV 89119
Property Price
SUMMARY
Analysis of 1381 E University Avenue 110, Las Vegas, NV 89119 is currently available with a list price of $106,000. 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 1985, this property is nearly 40 years old and reflects its age despite being well-maintained. While it features some recent functional and cosmetic updates—such as luxury vinyl flooring in the hall and bath, a new bathroom sink, and a new A/C fan motor—the kitchen and overall layout remain dated. It fits the 'Fair' criteria as an aged home maintained through regular upkeep and occasional updates rather than a full modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated just one block from UNLV and minutes from the Las Vegas Strip and airport, this property offers exceptional convenience for students, faculty, and urban commuters.
- Turnkey Features
The unit is move-in ready with essential in-unit laundry, matching Kenmore appliances, and recent mechanical updates including a new A/C fan motor as of August 2024.
- High Investment Potential
Priced competitively at $106,000 in a high-demand rental area, this condo represents an excellent low-entry-point opportunity for investors seeking consistent cash flow.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6035, other record lot size in square feet = 1521.
- Compact Living Space
At only 500 square feet, the limited footprint may restrict the tenant pool to single occupants and offers minimal storage for long-term residents.
- High HOA-to-Price Ratio
The $290 monthly association fee is relatively high compared to the purchase price, which could impact the net ROI for investors and monthly affordability for owner-occupants.
About 1381 E University Avenue 110
First-floor 1-bedroom condo just one block from UNLV in the highly convenient 89119 location. Ideal for UNLV students, faculty, or investors seeking rental property near campus, the Las Vegas Strip, airport, shopping, and public transportation. This 500 sq ft unit includes in-unit washer and dryer, matching Kenmore appliances, programmable thermostat, new A/C fan motor (Aug 2024), luxury vinyl flooring in hall and bath, new bathroom sink, blackout drapes, and security screen door with double deadbolts. Well-maintained community with pool, spa, guest parking, and assigned parking. Excellent opportunity at $106,000 for owner-occupant or investment. Cash and Conventional financing considered.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 6,035 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $290 / Month
Neighborhood Insights
Las Vegas Unified Schools
Paradise Elementary School
Grades PK-5 • 0.6 mi
William E Orr Middle School
Grades 6-8 • 0.9 mi
Del Sol High School
Grades 9-12 • 2.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 22% |
| Baths | 1.0 | 2.0 | 41% |
| Square foot | 500 | 962 | 11% |
| Lot Size | 6,035 | 750 | 90% |
| Price | $106.0K | $125.0K | 31% |
| Price per sq ft | $212 | $167 | 80% |
| Built year | 1985 | 1980 | 81% |
| HOA | $290 | $215 | 84% |
| Days on market | 10 | 422 | 1% |
Pricing History
Listed for Sale
Feb 25, 2026
$106,000
Initial Listing