1405 Vegas Valley Drive 208, Las Vegas, NV 89169, Las Vegas, 89169 - 2 bed, 1 bath
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Las Vegas, NV 89169
This High-Potential Investment Opportunity is a 2-bedroom condominium listed at a List Price of $117,000, positioned slightly above the $112,490 Fair Market Value. Despite the premium, the property offers a strategic location near Sunrise Hospital and UNLV, making it a prime candidate for rental demand. Featuring a Condition Rating of 3 with recent cosmetic updates like quartz countertops, the unit includes a private balcony with pool views. This asset is well-suited for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point into the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1405 Vegas Valley Drive 208 Subject | $117,000* List Price | 2 | 1 | 863 | $130 | - |
A 3152 S Eastern Avenue 26 Sold | $126,000 | 2 | 1 | 863 | $146 | 0.9 mi |
B 3152 S Eastern Avenue 26 Sold | $126,000 | 3 | 1 | 863 | $146 | 0.9 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 | 2 | 1 | 975 | $129 | 0.9 mi |
E 1405 Vegas Valley Drive 271 Active | $139,000 List Price | 2 | 1 | 863 | $161 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1971, the unit has undergone a recent cosmetic renovation (likely within the last 5 years) featuring updated laminate flooring, fresh paint, and modern quartz countertops with stainless steel appliances. The kitchen and living areas appear functional and move-in ready, though the fluorescent ceiling light and electrical panel placement reflect the property's original age.
Situated just steps from Sunrise Hospital and minutes from UNLV and the Las Vegas Strip, this property offers exceptional convenience for healthcare professionals, students, and hospitality workers.
With a list price of $117,000 and a recent price reduction, this two-bedroom unit represents a highly accessible entry point for first-time buyers or investors looking for cash-flow opportunities.
The condominium features an open-concept living space with significant natural light and a private balcony overlooking the community pool, providing a pleasant atmosphere and outdoor space.
Built in 1971, the property may require modernization or face higher maintenance needs compared to newer developments in the Las Vegas area.
The $356 monthly association fee is relatively high in proportion to the listing price, which may impact the overall affordability and debt-to-income ratio for potential buyers.
Las Vegas living just steps away from Sunrise Hospital and minutes to The Strip, UNLV, and Downtown Las Vegas! This two-bedroom, one-bathroom, condominium features 863 square feet of open living with ample natural light from the windows and large balcony overlooking the pool. Special financing offer is available with waived mortgage insurance and low down payment options!
No exterior & parking available.
Grades PK-5 • 0.4 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 | - | 816 | 40% |
| Price | $117.0K | $130.0K | 30% |
| Price per sq ft | $136 | $186 | 25% |
| Built year | 1971 | 1973 | 42% |
| HOA | $356 | $234 | 72% |
| Days on market | 41 | 700 | 2% |
May 28, 2026
$117,000
$123,000
-5% Price Drop
Initial Listing
May 5, 2026
$123,000
Initial Listing