
Las Vegas, NV 89169
This High-Potential Investment Opportunity is listed at a List Price of $160,000, positioned slightly above the $157,872 Fair Market Value. While the property lacks immediate equity, its Condition Rating of 4 and functional open floorplan provide a stable foundation for value-add cosmetic updates. Featuring three community pools and a private balcony, this unit offers strong rental appeal due to its proximity to the Las Vegas Strip. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, amenity-rich entry into the market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1405 Vegas Valley Drive 360 Subject | $160,000* List Price | 2 | 1 | 863 | $183 | - |
A 1370 VEGAS VALLEY Drive 47 Sold | $125,000 | 1 | 1 | 671 | $186 | 0.2 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 1370 Vegas Valley Drive 47 Sold | $125,000 | 1 | 1 | 671 | $186 | 0.2 mi |
E 1405 Vegas Valley Drive 373 Active | $155,000 List Price | 2 | 1 | 863 | $180 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this 53-year-old property is dated. While it features new carpeting and fresh paint, the kitchen cabinetry and appliances appear to be over 20 years old and require modernization. It is functional and move-in ready but lacks recent comprehensive renovations to systems or wet areas.
The property is situated just minutes from the Las Vegas Strip and within walking distance to local neighborhood amenities, offering high convenience and strong rental appeal.
Featuring brand-new carpeting throughout and a functional open floorplan, the unit provides a fresh interior feel that reduces immediate renovation needs for a buyer.
Residents have access to a robust amenity package including three swimming pools and BBQ areas, which enhances the lifestyle value at an affordable price point.
Built in 1971, the property may require more frequent maintenance or future capital improvements to its older systems compared to modern developments.
The designated high school carries a low rating of 2, which could potentially impact long-term resale value and appeal to families with school-aged children.
GREAT TWO BEDROOM ONE BATHROOM CONDO!!! OPEN FLOORPLAN! NEW COZY CARPETS IN THE WHOLEHOME,SECOND FLOOR UNIT, GOOD SIZE DINING AREA*BALCONY OFF LIVING ROOM*A LOT OF COMMUNITY AMENITIES,THREE POOLS, BBQ AREA*AT WALKING DISTANCE TO ALL OF THE NEIGHBORHOOD'S AMENITIES*JUST MINUTES TOTHE STRIP*
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 863 | - |
| Lot Size | - | - |
| Price | $160.0K | $217.2K |
| Price per sq ft | $185 | $219 |
| Built year | 1971 | 0 |
| HOA | $327 | $0 |
| Days on market | 12 | 828 |
Jul 10, 2026
$160,000
Initial Listing