1405 Vegas Valley Drive 242, Las Vegas, NV 89169, Las Vegas, 89169 - 2 bed, 1 bath
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Las Vegas, NV 89169
This Updated Move-In Ready Condo is listed at $149,999, offering a stable and accessible entry point into the central Las Vegas market near its $142,599 Fair Market Value. Boasting a Good Condition Rating, the residence features recent cosmetic enhancements, including Upgraded Countertops, Updated Flooring, and refreshed cabinetry. Residents enjoy a Private Balcony, access to a Community Pool, and proximity to Robert E Lake Elementary School. Located minutes from the Las Vegas Strip and UNLV, this property combines lifestyle convenience with turnkey finishes. It is perfectly suited for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1405 Vegas Valley Drive 242 Subject | $149,999* List Price | 2 | 1 | 863 | $165 | - |
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 | 0.2 mi |
C 1370 Vegas Valley Drive 47 Sold | $125,000 | 1 | 1 | 671 | $186 | 0.2 mi |
D 3152 S Eastern Avenue 26 Sold | $126,000 | 3 | 1 | 863 | $146 | 0.9 mi |
E 1405 Vegas Valley Drive 366 Sold | $145,000 | 2 | 1 | 863 | $168 | 0.1 mi |
F 3152 S Eastern Avenue 26 Sold | $126,000 | 3 | 1 | 863 | $146 | 0.9 mi |
G 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.
Although built in 1971, the property has undergone recent cosmetic renovations including updated flooring, upgraded countertops, and repainted cabinetry. It is marketed as move-in ready, placing it in the 'Good' category despite the age of the building's exterior and systems.
The property is ideally situated near the Las Vegas Strip, UNLV, and Harry Reid International Airport, offering exceptional convenience for commuters and high appeal for potential tenants.
Featuring upgraded countertops, updated flooring, and refreshed cabinetry, this unit allows for immediate occupancy without the need for initial renovation capital.
With a competitive price point under $150,000 and a functional two-bedroom layout, this condo represents an accessible entry-level investment with high rental demand in a central hub.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4259, other record lot size in square feet = 975.
The $350 monthly association fee is relatively high compared to the purchase price, which may impact monthly cash flow for investors and overall affordability for budget-conscious buyers.
Built in 1971, the property may face challenges associated with older construction, including potential long-term maintenance requirements for the building's systems and common areas.
Move-in ready and updated 2-bedroom condo (upstairs unit) in a prime central Las Vegas location near the Strip, UNLV, major highways, and Harry Reid International Airport. This bright second-floor unit features upgraded countertops, updated flooring, repainted kitchen cabinets, and upgraded kitchen and bathroom sinks. The open living and dining area offers great natural light and access to a private balcony. Conveniently located near schools, shopping, and dining. Community amenities include a pool, clubhouse, BBQ area, and guest parking. Great investment opportunity or primary residence. Don’t miss this opportunity.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 0.9 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 | 4,259 | 863 | 70% |
| Price | $150.0K | $130.0K | 62% |
| Price per sq ft | $174 | $186 | 43% |
| Built year | 1971 | 1973 | 42% |
| HOA | $350 | $234 | 72% |
| Days on market | 55 | 700 | 2% |
Apr 21, 2026
$149,999
Initial Listing
Dec 30, 1994
$15,000
Public Record