1405 Vegas Valley Drive 103, Las Vegas, NV 89169, Las Vegas, 89169 - 2 bed, 2 bath
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Las Vegas, NV 89169
This Value-Add Condominium represents a strategic acquisition with a List Price of $144,000, aligning with its $144,000 Fair Market Value and $0 in Instant Equity. The generous 1,237 square foot floor plan and private enclosed patio provide a strong foundation for forced appreciation. In its Dated Interior Condition, the unit requires a full cosmetic overhaul to unlock its full ROI potential, offsetting the monthly association fees. Located adjacent to the Las Vegas Country Club near Robert E Lake Elementary, this asset is a prime candidate for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1405 Vegas Valley Drive 103 Subject | $144,000* List Price | 2 | 2 | 1,237 | $116 | - |
A 3152 S Eastern Avenue 26 Sold | $126,000 | 2 | 1 | 863 | $146 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1971, the property requires a full cosmetic overhaul to meet modern standards. The kitchen features dated cabinetry, laminate countertops, and older appliances, while the bathroom shows significant wear and outdated fixtures. The listing description explicitly identifies the unit as a value-add opportunity needing renovation.
Priced competitively at $144,000, this unit offers significant equity potential for investors or handy homeowners through cosmetic renovations and modernizing the galley-style kitchen.
At 1,237 square feet, the floor plan is notably generous for a two-bedroom condo, featuring a separate dining area and an enclosed oversized patio that provides rare additional living and storage space.
The property is ideally situated adjacent to the Las Vegas Country Club and minutes from Sunrise Hospital, offering excellent proximity to major employment hubs and community amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8984, other record lot size in square feet = 990.
Built in 1971, the property requires a full cosmetic overhaul, including updates to the kitchen and bathrooms, to meet modern market standards.
The $379 monthly association fee is relatively high in proportion to the listing price, which may impact the overall debt-to-income ratio for buyers or net yields for investors.
Owner will carry terms available! Unit 103 at Casa Vega Condominiums, located at 1405 Vegas Valley Drive, offers a great opportunity for buyers seeking upside through cosmetic renovation. Inside, the home provides comfort and functionality at this price point. A spacious living room flows into a separate dining area, creating an inviting layout for living or entertaining. Natural light brightens the interior, complemented by tile flooring throughout. The galley-style kitchen offers ample cabinetry and is ready for your personal touch. Additional highlights include a large linen closet, gas and power utilities, and a primary bedroom with a private bath and separate shower. An enclosed oversized patio extends the living space and includes a dedicated storage room. Conveniently located behind the HOA office and near one of three pools, just minutes from Las Vegas Country Club and Sunrise Hospital.
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 | 1.0 | 51% |
| Baths | 2.0 | 1.0 | 67% |
| Square foot | 1,237 | 770 | 99% |
| Lot Size | 8,984 | 1,000 | 80% |
| Price | $144.0K | $130.0K | 52% |
| Price per sq ft | $116 | $186 | 13% |
| Built year | 1971 | 1973 | 42% |
| HOA | $379 | $230 | 74% |
| Days on market | 120 | 742 | 9% |
Dec 23, 2025
$144,000
Initial Listing
Dec 9, 2014
$73,887
Public Record