1409 Santa Margarita Street B, Las Vegas, NV 89146, Las Vegas, 89146 - 2 bed, 2 bath
1409 Santa Margarita Street B
Las Vegas, NV 89146
Property Price
SUMMARY
Analysis of 1409 Santa Margarita Street B, Las Vegas, NV 89146 is currently available with a list price of $229,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Although built in 1987, the property has undergone an extensive full renovation within the last two years. It features a modern kitchen with new cabinetry and quartz countertops, luxury vinyl plank flooring throughout, and completely updated bathrooms with new vanities and showers. Additionally, major systems including the AC unit and water heater are less than two years old, meeting the criteria for a property with all new or virtually new components and no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Judy & John L Goolsby Elementary School (9/10).
- Comprehensive Modern Renovations
The unit is fully updated with high-end finishes including quartz countertops, luxury vinyl plank flooring, and a custom fireplace accent wall, offering a contemporary aesthetic.
- Updated Major Systems
Both the AC unit and water heater are less than two years old, providing peace of mind and reducing the likelihood of immediate costly mechanical repairs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5915, other record lot size in square feet = 2080.
- Local School Ratings
The immediate assigned schools, including Bonanza High and Garside Junior High, have lower performance ratings, which may impact appeal for education-focused buyers.
- Building Age
Built in 1987, the property is part of an aging complex that may require more frequent common area maintenance compared to newer developments.
About 1409 Santa Margarita Street B
Fully renovated and move-in ready condo featuring quartz countertops, luxury vinyl plank flooring throughout, 5-inch baseboards, new kitchen cabinetry, and updated lighting. The living area is highlighted by a custom vertical-slat accent fireplace wall, while both bathrooms with new vanities, upgraded showers, and modern fixtures. AC unit and water heater are both less than 2 years old.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 5,915 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $279 / 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 • 1.3 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 | 5,915 | 1,260 | 89% |
| Price | $229.9K | $197.0K | 77% |
| Price per sq ft | $218 | $183 | 80% |
| Built year | 1987 | 1986 | 51% |
| HOA | $279 | $236 | 71% |
| Days on market | 9 | 273 | 3% |
Pricing History
Listed for Sale
Feb 26, 2026
$229,900
Initial Listing
Sold
May 28, 1998
$75,000
Public Record