
Las Vegas, NV 89119
This property presents a High-Potential Investment Opportunity with a List Price of $199,000—positioned well below the $189,009 Fair Market Value by -5%. While the unit features a Fair Condition Rating due to its 1973 vintage, the laminate flooring and assigned covered parking provide a functional foundation. Its proximity to UNLV creates consistent rental demand, making this an ideal value-add asset for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1404 Santa Anita Drive D Subject | $199,000* List Price | 2 | 2 | 976 | $194 | - |
A 1433 Santa Anita Drive D Sold | $180,000 | 2 | 2 | 976 | $184 | 0.0 mi |
B 1337 Dorothy Avenue 3 Sold | $155,000 | 2 | 1 | 880 | $176 | 0.2 mi |
C 1321 Lorilyn Avenue 1 Sold | $160,000 | 2 | 1 | 800 | $200 | 0.1 mi |
D 1348 Dorothy Avenue 1 Sold | $169,000 List Price | 2 | 1 | 800 | 0.1 mi | |
E 1300 Lorilyn Avenue 1 Sold | $193,000 List Price | 2 | 1 | 800 | 0.1 mi | |
F 5040 Spencer Street D Sold | $220,000 | 2 | 2 | 1,000 | $220 | 0.6 mi |
G 1563 Elizabeth Avenue 4 Sold | $158,000 List Price | 2 | 1 | 1,056 | 0.3 mi | |
H 1729 Jupiter Court B Sold | $170,000 | 2 | 2 | 980 | $173 | 0.3 mi |
I 1407 Dorothy Avenue 3 Active | $195,000 List Price | 2 | 1 | 880 | $222 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973 (51 years old), the property is significantly dated with original features such as popcorn ceilings and older kitchen cabinetry. While the addition of laminate flooring provides a minor update and the unit appears functional/move-in ready, the kitchen, bathrooms, and likely the mechanical systems are well past their typical lifecycle and require modernization.
The property's proximity to UNLV makes it a prime candidate for student housing or a consistent rental investment in a high-demand area.
Priced under $200,000 for a 2-bedroom, 2-bathroom configuration, this unit offers exceptional value and accessibility for first-time buyers or investors.
The inclusion of assigned covered parking and low-maintenance laminate flooring provides practical benefits and protection from the Las Vegas climate.
Built in 1973, the property may require more frequent maintenance and lacks the energy-efficient features found in newer condominium developments.
The assigned middle and high schools have low performance ratings, which may deter families and impact long-term appreciation potential.
This upstairs condo is located near UNLV and features laminate flooring, a patio area out front, and assigned covered parking.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 976 | - |
| Lot Size | - | - |
| Price | $199.0K | $217.2K |
| Price per sq ft | $204 | $219 |
| Built year | 1973 | 0 |
| HOA | $265 | $0 |
| Days on market | 21 | 828 |
Jul 1, 2026
$199,000
Initial Listing