1400 Santa Margarita Street B, Las Vegas, NV 89146, Las Vegas, 89146 - 2 bed, 2 bath
1400 Santa Margarita Street B
Las Vegas, NV 89146
Property Price
SUMMARY
Analysis of 1400 Santa Margarita Street B, Las Vegas, NV 89146 is currently available with a list price of $230,000. 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 1984, this condo is well-maintained and move-in ready but lacks a comprehensive modern renovation. While the flooring has been updated to tile and laminate, the kitchen features older white appliances and dated cabinetry. The bathrooms and fixtures are functional but reflect an older style consistent with the property's age. It fits the 'fair' criteria as an aged home maintained through regular upkeep with major components that are functional but show signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Judy & John L Goolsby Elementary School (9/10).
- Strategic Location & Accessibility
This ground-floor unit offers exceptional convenience with parking directly in front, a private walkway, and rapid access to Summerlin Parkway and the Las Vegas Strip.
- Versatile Enclosed Living Space
Unique enclosed balconies in both the living room and primary bedroom provide flexible bonus areas suitable for a home office, gym, or additional dining space.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4582, other record lot size in square feet = 1406.
- Dated Construction Era
Built in 1984, the property may require more frequent maintenance or modernization of core systems compared to newer residential options in the surrounding area.
- Modest School Ratings
The immediate assigned public schools carry lower performance ratings, which could be a consideration for families prioritizing educational district scores.
About 1400 Santa Margarita Street B
Unbeatable convenience in this well-located 1st-floor & 1,106 sq. ft. condo with quick access to Summerlin Parkway, and only 20 minutes to the Strip. Off S Rainbow Blvd - surrounded by shopping, dining, and everyday essentials— one of the most practical locations in area. The unit offers direct, easy access with parking right in front, your own private walkway to front door, and plenty of additional guest parking. Inside, a spacious 2-bedroom 2-bath layout with a large living room, a private balcony, a separate storage room, extended kitchen cabinet for extra space, and nook area for dining. The enclosed balcony in the living room gives flexibility for dining, gym, or creative working space. The primary bedroom includes its own enclosed balcony. Tile and laminate flooring throughout the living and kitchen areas ensure easy maintenance and durability. This is perfect blend of comfort, convenience, and practicality—ideal for homeowner or investor. *Furniture sold separately
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 4,582 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $260 / Month
Neighborhood Insights
Las Vegas Unified Schools
Rose Warren Elementary School
Grades PK-5 • 0.8 mi
R Guild Gray Elementary School
Grades PK-5 • 1.2 mi
O K Adcock Elementary School
Grades PK-5 • 1.3 mi
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 | 1,106 | 1,073 | 60% |
| Lot Size | 4,582 | 1,260 | 80% |
| Price | $230.0K | $197.0K | 77% |
| Price per sq ft | $208 | $183 | 69% |
| Built year | 1984 | 1986 | 34% |
| HOA | $260 | $236 | 66% |
| Days on market | 110 | 273 | 6% |
Pricing History
Listed for Sale
Nov 17, 2025
$230,000
Initial Listing