1405 Vegas Valley Drive 57, Las Vegas, NV 89169, Las Vegas, 89169 - 2 bed, 0 bath
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Las Vegas, NV 89169
This furnished 2-bedroom condominium represents a High-Potential Investment Opportunity with a List Price of $135,000—positioned well below the $279,357 Fair Market Value by 51%. This significant valuation gap provides $144,357 in Instant Equity. While the unit holds a Fair Condition Rating due to its 1971 infrastructure and dated kitchen, the modernized bathroom and turnkey furnishings offer immediate rental potential. Located near the Las Vegas Strip with access to a community pool and mid-rated schools, this Value-Add Asset is perfectly suited for Buy-and-Hold Investors or first-time buyers seeking rapid wealth accumulation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1405 Vegas Valley Drive 57 Subject | $135,000* List Price | 2 | 0 | 863 | $150 | - |
A 1370 VEGAS VALLEY Drive 47 Sold | $125,000 | 1 | 1 | 671 | $186 | 0.0 mi |
B 1370 Vegas Valley Drive 47 Sold | $125,000 | 1 | 1 | 671 | $186 | 0.0 mi |
C 1370 VEGAS VALLEY Drive 47 Sold | $125,000 | 1 | 1 | 671 | $186 | 0.0 mi |
D 1370 Vegas Valley Drive 47 Sold | $125,000 | 1 | 1 | 671 | $186 | 0.0 mi |
E 1405 Vegas Valley Drive 112 Active | $129,000 List Price | 2 | 1 | 863 | $149 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this property is well-maintained but shows clear signs of its age. While the bathroom has been modernized with a walk-in shower, the kitchen retains a dated galley layout with painted original cabinetry and older countertops. Interior features such as popcorn ceilings, gold-trimmed mirrored closet doors, and fluorescent light boxes are outdated. The lack of in-unit laundry and reliance on 50-year-old building infrastructure further support a 'fair' rating, as the home is functional and move-in ready but requires cosmetic and system updates to meet modern standards.
The property is offered fully furnished and immaculately maintained, providing a move-in-ready solution that is highly attractive for first-time buyers or immediate rental use.
Features an updated bathroom with a sleek walk-in shower and a primary suite with exceptional storage, including both a massive walk-in closet and a mirrored wardrobe.
This first-floor unit is conveniently situated near the front of the complex, offering easy accessibility and close proximity to the community pool and sales office.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8860, other record lot size in square feet = 975.
The absence of in-unit laundry hookups requires residents to use a shared community laundry room, which may be a significant convenience drawback for modern buyers.
Built in 1971, the property may present long-term maintenance challenges associated with older construction and relies on HOA-managed central systems for water heating.
Furnished first-floor condo featuring two spacious bedrooms with an open floor plan. The galley kitchen showcases warm cabinetry with all appliances included. The primary suite is generously sized and offers a massive walk-in closet and 2nd mirrored wardrobe closet. The updated bathroom features a sleek walk-in shower with modern sliding glass doors. The oversized second bedroom provides flexible space for guests, a home office, or additional living. A charming covered patio — perfect for fresh air on relaxing mornings or quiet evenings. Immaculately maintained and move-in ready, this home is located in a community with HOA-managed shared amenities. The building features an HOA-maintained tankless water heating system and a shared community laundry room with a community pool for cooling off. Unit located near the front of the complex near the pool and sales office. Schedule an appointment today!
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 | 2.0 | 50% |
| Baths | 0.0 | 1.0 | 2% |
| Square foot | 863 | 816 | 58% |
| Lot Size | 8,860 | 863 | 79% |
| Price | $135.0K | $130.0K | 53% |
| Price per sq ft | $156 | $186 | 32% |
| Built year | 1971 | 1973 | 42% |
| HOA | $355 | $234 | 72% |
| Days on market | 127 | 699 | 2% |
Feb 7, 2026
$135,000
Initial Listing