1407 Santa Margarita Street A, Las Vegas, NV 89146, Las Vegas, 89146 - 2 bed, 2 bath
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Las Vegas, NV 89146
This property presents a High-Potential Investment Opportunity with a List Price of $244,900—positioned well above the $214,031 Fair Market Value by -14%. Featuring a 1,056 sqft single-story floor plan and a private patio, the residence requires significant rehabilitation due to its Poor Condition Rating. While the location offers proximity to local schools, the dated systems necessitate a strategic renovation budget. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive value-add project to modernize the interior.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1407 Santa Margarita Street A Subject | $244,900* List Price | 2 | 2 | 1,056 | $203 | - |
A 1421 Santa Margarita Street A Sold | $185,000 | 2 | 2 | 1,056 | $175 | 0.1 mi |
B 6721 W Charleston Boulevard 3 Sold | $182,500 | 2 | 2 | 996 | $183 | 0.2 mi |
C 1415 Santa Margarita Street C Active | $225,800 List Price | 2 | 2 | 1,056 | $214 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (35 years old), the property falls into the 'Poor' category based on the age-specific criteria (>30y) and lack of visible renovations. While the description claims modern comfort, the photos reveal dated finishes, original-style fixtures, and worn carpeting, suggesting that the kitchen, bathrooms, and major systems are likely at the end of their functional lifespan and require rehabilitation.
Elementary School: Judy & John L Goolsby Elementary School (9/10).
The thoughtfully designed 1,056 sqft single-story floor plan eliminates stairs, providing a seamless and accessible living experience that appeals to a wide range of buyers.
Priced at $244,900, this property offers an affordable entry point into the Las Vegas market, making it an attractive option for first-time homeowners or savvy investors.
Constructed in 1989, the property may require updates to its original systems or aesthetic finishes to meet the expectations of modern buyers looking for contemporary standards.
While the property is conveniently located near several schools, the immediate assigned institutions carry lower performance ratings, which may be a concern for education-centric families.
Discover an exceptional living experience where modern comfort meets sophisticated design in this charming residence. This home presents a unique opportunity for those seeking a harmonious blend of style and convenience. Situated in a vibrant community, it offers an ideal setting for a fulfilling lifestyle. Step inside to a thoughtfully laid out single-story floor plan spanning 1056 square feet, designed for both relaxation and entertaining. The interior features two spacious bedrooms and two full bathrooms, providing ample accommodation for residents and guests alike. Each space is crafted to offer a serene retreat, promising comfort and privacy. Located in Las Vegas, NV, this property benefits from its desirable address, offering easy access to local amenities and the dynamic energy of the city. The surrounding neighborhood provides a perfect backdrop for everyday living, combining tranquility with urban accessibility. This home is more than just a dwelling; it's a gateway to a vibrant life in a sought-after location.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,056 | - |
| Lot Size | 2,080 | - |
| Price | $244.9K | $217.2K |
| Price per sq ft | $232 | $219 |
| Built year | 1989 | 0 |
| HOA | $267 | $0 |
| Days on market | 6 | 828 |
Jul 16, 2026
$244,900
Initial Listing
Dec 20, 1996
$80,000
Public Record