1405 Vegas Valley Drive 49, Las Vegas, NV 89169, Las Vegas, 89169 - 2 bed, 1 bath
Loading property details...
Las Vegas, NV 89169
This Centrally Located Condo is a strategic Value-Add Asset listed at $154,900, currently positioned above the $137,326 Fair Market Value. Situated in a Prime Central Location minutes from the Las Vegas Strip and UNLV, the property offers exceptional rental demand and long-term appreciation potential. Although the unit has a Condition Rating of 2 and requires cosmetic TLC, its status as a downstairs corner unit with a covered patio and pool access provides significant upside for forced appreciation. Served by Robert E Lake Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1405 Vegas Valley Drive 49 Subject | $154,900* List Price | 2 | 1 | 863 | $159 | - |
A 3152 S Eastern Avenue 26 Sold | $126,000 | 2 | 1 | 863 | $146 | 0.9 mi |
B 1370 VEGAS VALLEY Drive 47 Sold | $125,000 | 1 | 1 | 671 | $186 | 0.0 mi |
C 3152 S Eastern Avenue 26 Sold | $126,000 | 3 | 1 | 863 | $146 | 0.9 mi |
D 3152 S Eastern Avenue 26 Sold | $126,000 | 3 | 1 | 863 | $146 | 0.9 mi |
E 3152 S Eastern Avenue 26 Sold | $126,000 | 2 | 1 | 975 | $129 | 0.9 mi |
F 1370 Vegas Valley Drive 47 Sold | $125,000 | 1 | 1 | 671 | $186 | 0.0 mi |
G 1405 Vegas Valley Drive 110 Active | $139,900 List Price | 2 | 1 | 863 | $162 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1971, the unit interior has undergone a comprehensive modern renovation within the last 5 years. It features a mint-condition kitchen with white shaker cabinets, quartz-style countertops, and stainless steel appliances, along with updated LVP flooring, recessed lighting, and a modern digital thermostat.
Situated minutes from the Las Vegas Strip, UNLV, and Sunrise Hospital, this property offers exceptional convenience for commuters and high rental demand.
Priced competitively at $154,900, this unit serves as an affordable entry point for investors looking to add value through renovations or generate rental income.
As a downstairs corner unit, the property provides easier accessibility and additional privacy, complemented by a covered patio and extra storage space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8860, other record lot size in square feet = 975.
The property is noted to need 'TLC,' indicating that immediate capital investment will be required for repairs and cosmetic upgrades.
The assigned high school has a low rating of 2/10, which may limit the property's appeal to families with school-aged children.
Fantastic Investment Opportunity - This 2-bedroom, 1-bathroom downstairs condo is located in a prime corner unit and offers incredible potential. Priced to sell and ready for your personal touch – this unit needs a little TLC but offers a Prime location. Situated in the heart of Las Vegas, you're just minutes from the Las Vegas Strip, Downtown, Sunrise Hospital, UNLV, McCarran Airport, shopping, dining, golfing, and public transportation. Enjoy a covered patio with extra storage, plus access to an on-site laundry facility. Whether you're an investor looking for rental income or a buyer ready to customize your space, this Centrally Located Condo is full of potential!!!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 863 | 816 | 58% |
| Lot Size | 8,860 | 863 | 79% |
| Price | $154.9K | $130.0K | 62% |
| Price per sq ft | $179 | $186 | 49% |
| Built year | 1971 | 1973 | 42% |
| HOA | $355 | $234 | 72% |
| Days on market | 41 | 701 | 2% |
May 6, 2026
$154,900
Initial Listing