
Las Vegas, NV 89169
This Income-Generating Condominium serves as a functional asset, listed at $125,000—positioned well below the $125,950 Fair Market Value by 1%. This alignment offers $950 in Instant Equity. Maintaining a Condition Rating of 4, the interior features a Granite Kitchen and Laminate Flooring. Residents benefit from First-Floor Accessibility, a Private Patio, and proximity to Sunrise Hospital, with access to Robert E Lake Elementary, John C Fremont Middle, and Valley High. This is an optimal entry-level opportunity for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1405 Vegas Valley Drive 213 Subject | $125,000* List Price | 2 | 2 | 951 | $132 | - |
A 1405 Vegas Valley Drive 366 Sold | $145,000 | 2 | 1 | 863 | $168 | 0.1 mi |
B 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 moderate renovation needed.
Built in 1971, this property is functional but shows clear signs of age. While it has received some cosmetic updates like laminate flooring and paint, the kitchen remains dated with older painted cabinetry and a fluorescent light box. The overall condition reflects a home that has been maintained with occasional updates rather than a full modern renovation, fitting the 'fair' criteria for an aged but functional property.
The property is ideally situated near Sunrise Hospital and Boulevard Mall, offering high convenience for healthcare professionals and easy access to retail and dining.
The unit features upgraded granite countertops and a combination of laminate and tile flooring, providing a contemporary look and low-maintenance durability.
Being a first-floor unit, this condo offers excellent accessibility with no stairs required, complemented by community amenities like a pool and spa.
The lack of in-unit laundry hookups requires residents to use a coin-operated community facility, which may be a drawback for many modern buyers.
The $355 monthly association fee is relatively high in proportion to the $125,000 asking price, potentially impacting overall affordability and investor ROI.
First floor condo with community pool & spa; close to Sunrise Hospital and Boulevard Mall; laminate & tile flooring; granite countertops; coin operated laundry facility in the community.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.8 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 | 951 | 770 | 65% |
| Lot Size | 951 | 974 | 49% |
| Price | $125.0K | $130.0K | 43% |
| Price per sq ft | $131 | $186 | 22% |
| Built year | 1971 | 1973 | 42% |
| HOA | $355 | $230 | 72% |
| Days on market | 15 | 742 | 1% |
Apr 7, 2026
$125,000
Initial Listing