1419 Santa Margarita Street D, Las Vegas, NV 89146, Las Vegas, 89146 - 2 bed, 2 bath
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Las Vegas, NV 89146
This Condominium represents a High-Potential Investment Opportunity, listed at $210,000—positioned well above the $187,390 Fair Market Value by 12%. While the property requires cosmetic updates to its Condition Rating of 4, it offers a functional open-concept layout, a gas fireplace, and community pool and spa access. Located near Bonanza High School, this unit provides a stable foundation for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1419 Santa Margarita Street D Subject | $205,000* List Price | 2 | 2 | 1,056 | $202 | - |
A 1421 Santa Margarita Street A Sold | $185,000 | 2 | 2 | 1,056 | $175 | 0.0 mi |
B 6721 W Charleston Boulevard 3 Sold | $182,500 | 2 | 2 | 996 | $183 | 0.3 mi |
C 6750 DEL REY Avenue 161 Sold | $207,000 | 2 | 2 | 939 | $220 | 0.1 mi |
D 6750 Del Rey Avenue 161 Sold | $207,000 | 2 | 2 | 939 | $220 | 0.1 mi |
E 1416 Santa Margarita Street B Sold | $227,500 | 2 | 2 | 1,106 | $206 | 0.1 mi |
F 6125 W Oakey Boulevard D Sold | $197,000 | 2 | 2 | 1,073 | $184 | 0.8 mi |
G 1407 Santa Margarita Street A Active | $244,900 List Price | 2 | 2 | 1,056 | $232 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property is well-maintained but dated. While the laminate flooring is a modern touch, the bathroom features original tile, vanities, and fixtures from the 1980s. The kitchen and systems appear functional but are past their typical 20-year update cycle, requiring cosmetic modernization.
Elementary School: Judy & John L Goolsby Elementary School (9/10).
This first-floor unit features a functional open-concept layout with durable laminate flooring, a cozy gas fireplace, and generous walk-in closets in both bedrooms.
Ideally situated with easy access to the Las Vegas Strip and Red Rock Canyon, the property is also within walking distance of local schools and premier shopping.
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.
The assigned public schools, including Bonanza High and Elaine Wynn Elementary, currently hold lower performance ratings, which may be a concern for families.
The monthly association fee of $304 adds a significant recurring cost to the property's ownership, which budget-conscious buyers should consider.
PRICED TO SELL QUICKLY! Exceptional Value First-Floor Las Vegas Condo! Don't miss this incredible opportunity perfect for first-time homebuyers, savvy investors, or anyone seeking affordable homeownership in a prime, central location. This beautifully well-kept, first-floor condominium features a highly desirable 2-bedroom, 2-bathroom split layout designed for modern, open-concept living. The bright and inviting interior boasts a spacious kitchen with ample cabinetry, durable laminate flooring, and a cozy gas fireplace—the perfect centerpiece for relaxation. Both oversized bedrooms feature generous walk-in closets providing exceptional storage space, while custom blackout window treatments throughout ensure ultimate peace and privacy. Step outside to your private patio, nestled in a quiet, serene area of the community surrounded by lush, mature landscaping. Residents enjoy exclusive resort-style amenities, including a sparkling community pool and spa, all within a welcoming, pet-friendly environment. Location & Lifestyle Highlights: Unbeatable Central Location: Enjoy incredible convenience with easy access to both the world-famous Las Vegas Strip and the scenic trails of Red Rock Canyon. You are perfectly positioned for both work and play! Steps to Schools & Parks: Located just steps away from Bonanza High School and minutes from local parks. Shopping & Dining: Drive just minutes to premier shopping centers, diverse dining options, and everyday conveniences. Move-in ready, priced to move, and packed with value—this central Las Vegas gem will not last long. Schedule your private tour today before it's gone!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades PK-5 • 1.1 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 | 1,056 | - |
| Lot Size | 5,915 | - |
| Price | $205.0K | $217.2K |
| Price per sq ft | $194 | $219 |
| Built year | 1988 | 0 |
| HOA | $304 | $0 |
| Days on market | 69 | 828 |
Jul 3, 2026
$205,000
$206,000
+0% Price Increase
Initial Listing
Jun 23, 2026
$206,000
$208,000
-1% Price Drop
Initial Listing
Jun 13, 2026
$208,000
$209,000
+0% Price Increase
Initial Listing
Jun 2, 2026
$209,000
$210,000
+0% Price Increase
Initial Listing
May 14, 2026
$210,000
Initial Listing