1410 Santa Margarita Street E, Las Vegas, NV 89146, Las Vegas, 89146 - 2 bed, 2 bath
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Las Vegas, NV 89146
This Condominium represents a Strong Value Opportunity, listed at $199,900—positioned well below the $202,220 Fair Market Value by 1%. This valuation gap offers $2,320 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the unit includes recent LVP flooring and fresh paint, though the kitchen remains a candidate for modernization. With community pool and spa access, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a budget-friendly entry into the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1410 Santa Margarita Street E Subject | $199,900* List Price | 2 | 2 | 1,106 | $183 | - |
A 1406 Santa Margarita Street G Sold | $199,000 | 2 | 2 | 1,106 | $180 | 0.0 mi |
B 1421 Santa Margarita Street A Sold | $185,000 | 2 | 2 | 1,056 | $175 | 0.1 mi |
C 1416 Santa Margarita Street B Sold | $227,500 | 2 | 2 | 1,106 | $206 | 0.0 mi |
D 6721 W Charleston Boulevard 3 Sold | $182,500 | 2 | 2 | 996 | $183 | 0.3 mi |
E 1400 Santa Margarita Street B Active | $230,000 List Price | 2 | 2 | 1,106 | $208 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, the property has received recent cosmetic updates including new LVP flooring and fresh interior paint. However, the kitchen remains dated with original-style oak cabinetry and fluorescent light boxes. While move-in ready, the age of the primary systems and the need for kitchen/bath modernization align with the fair category.
Elementary School: Judy & John L Goolsby Elementary School (9/10).
The property features brand-new LVP flooring throughout and fresh interior paint, providing a modern, move-in-ready aesthetic that appeals to both owner-occupants and investors.
Priced under $200,000 for a 2-bedroom, 2-bathroom configuration with over 1,100 square feet, this home offers exceptional value in the current Las Vegas market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1106, other record lot size in square feet = 1406.
Built in 1984, the property may soon require updates to major mechanical systems or building components that are nearing the end of their typical lifecycle.
The immediate assigned public schools, including Bonanza High and Garside Junior High, have lower performance ratings, which may impact long-term resale value for family-oriented buyers.
Welcome to this inviting condo in the desirable Paseo Del Rey community! This 2-bedroom, 2-bathroom home offers a comfortable layout with a spacious living area, cozy fireplace. New LVP Flooring throughout and Fresh Interior Paint. Enjoy the convenience of a community setting with access to a pool and spa, along with a location close to shopping, dining, entertainment, and major roadways. This home provides a great blend of comfort and accessibility in the heart of Las Vegas!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,106 | - |
| Lot Size | 1,106 | - |
| Price | $199.9K | $217.2K |
| Price per sq ft | $181 | $219 |
| Built year | 1984 | 0 |
| HOA | $260 | $0 |
| Days on market | 3 | 828 |
Jul 23, 2026
$199,900
Initial Listing
Oct 30, 1996
$22,000
Public Record