
Las Vegas, NV 89104
This High-Potential Investment Opportunity is listed at $329,000, positioned well above the $294,239 Fair Market Value. While the property lacks immediate equity, it offers significant upside through its 7,841 sq. ft. lot and versatile outbuilding, perfect for an art studio or casita. Featuring a Condition Rating of 4, the home retains 1952 character with modern dual-pane windows. Its expansive backyard and RV-ready parking provide rare utility in this market. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1418 Griffith Avenue Subject | $329,000* List Price | 2 | 1 | 930 | $316 | - |
A 1020 Sweeney Avenue Sold | $325,000 | 2 | 1 | 946 | $344 | 0.4 mi |
B 1515 S 11th Street Sold | $320,000 | 4 | 2 | 1,116 | $287 | 0.2 mi |
C 817 Canosa Avenue Sold | $335,000 | 3 | 1 | 1,149 | $292 | 0.6 mi |
D 2013 Franklin Avenue Sold | $305,000 | 3 | 1 | 1,036 | $294 | 0.8 mi |
E 2004 Houston Drive Sold | $345,000 | 3 | 2 | 1,252 | $276 | 0.8 mi |
F 1234 5th Place Sold | $340,000 | 2 | 1 | 1,172 | $290 | 0.8 mi |
G 1908 Ardmore Street Pending | $314,900 List Price | 3 | 2 | 936 | $336 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this home is well-maintained but dated. While it features updated dual-pane windows and original hardwood floors, the kitchen has older painted cabinetry and appliances rather than a full modern renovation. The presence of a wall heater suggests older HVAC systems, and the single bathroom likely requires updating to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 930.
The property features an extra-large, park-like backyard with mature landscaping, garden beds, and a versatile outbuilding with potential for a casita or studio.
Maintains its 1952 charm with original hardwood floors while offering improved energy efficiency through updated dual-pane windows and abundant natural light.
At only 930 square feet with a single bathroom, the interior living space may be restrictive for growing families or those requiring more modern proportions.
The assigned high school has a low rating of 2/10, which may impact the property's appeal to families and affect long-term resale value.
Nestled in the middle of the classic vintage neighborhoods, this charming, inviting home has original hardwood floors on a raised foundation, and updated dual-pane windows. Abundant natural light creates a bright, cheerful feeling. The spacious eat-in kitchen offers flexible layout options as well as a versatile flex-space just off the kitchen, which is perfect for a craft room or pantry. The newly landscaped front yard enhances curb appeal, while the extra-large backyard feels like a private park, featuring mature trees, garden beds and an abundance of plants and flowers, ideal for urban gardening. Fully fenced and perfect for pets, the property also includes a double gate with access for pulling a vehicle into the backyard. An outbuilding offers potential for use as an art studio or casita, and the attached laundry room is conveniently located just off the covered patio. A spacious driveway and carport offer ample parking for multiple vehicles, including RV and/or boat accommodation.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 930 | - |
| Lot Size | 7,841 | - |
| Price | $329.0K | $474.8K |
| Price per sq ft | $354 | $257 |
| Built year | 1952 | 0 |
| HOA | $0 | $0 |
| Days on market | 74 | 526 |
May 9, 2026
$329,000
Initial Listing
Mar 25, 1994
$73,000
Public Record