1407 Santa Margarita Street A, Las Vegas, NV 89146, Las Vegas, 89146 - 2 bed, 2 bath
1407 Santa Margarita Street A
Las Vegas, NV 89146
Property Price
SUMMARY
Analysis of 1407 Santa Margarita Street A, Las Vegas, NV 89146 is currently available with a list price of $244,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1989, this property is over 35 years old and maintains much of its original character with only minor cosmetic updates. While the unit appears clean and move-in ready, the kitchen and bathrooms feature dated cabinetry, older appliances, and standard fixtures that do not meet the criteria for a modern renovation. It fits the 'Fair' category as an aged but well-maintained home where major systems and aesthetic components are functional but show signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Judy & John L Goolsby Elementary School (9/10).
- Dual Private Balconies
This residence features two private balconies, a rare find for a condo that significantly enhances the outdoor living space and provides multiple areas for relaxation.
- Prime Urban Location
The property boasts exceptional walkability to local shops and public transit, while its proximity to the Las Vegas Strip offers residents a vibrant city lifestyle just minutes away.
CONSRISKS & DEFICIENCIES
- Lower School Ratings
The immediate assigned schools, such as Bonanza High and Garside Junior High, have lower performance ratings, which may be a drawback for education-focused families.
- Aging Infrastructure
Built in 1989, the property and its core systems are over 35 years old, potentially requiring more frequent maintenance or modern upgrades compared to newer builds.
About 1407 Santa Margarita Street A
Indulge in the perfect blend of comfort and sophistication with this spacious 2-bedroom, 2-bathroom condo. This residence offers not one, but two private balconies, allowing you to relish in outdoor tranquility. Nestled in a delightful community, you'll enjoy exclusive access to a refreshing pool, a soothing spa, and a charming BBQ area—a haven for relaxation and entertainment. The convenience of urban living is at your fingertips, as you can easily walk to nearby shops, schools, and public transportation. Embrace the city vibe with the famous Strip just minutes away.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 2,080 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $267 / Month
Neighborhood Insights
Las Vegas Unified Schools
Rose Warren Elementary School
Grades PK-5 • 0.8 mi
R Guild Gray Elementary School
Grades PK-5 • 1.2 mi
O K Adcock Elementary School
Grades PK-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,056 | 1,073 | 34% |
| Lot Size | 2,080 | 1,260 | 57% |
| Price | $244.9K | $197.0K | 91% |
| Price per sq ft | $232 | $183 | 94% |
| Built year | 1989 | 1986 | 69% |
| HOA | $267 | $236 | 69% |
| Days on market | 53 | 273 | 3% |
Pricing History
Listed for Sale
Jan 13, 2026
$244,900
Initial Listing
Sold
Dec 20, 1996
$80,000
Public Record