1420 Vegas Valley Drive 23, Las Vegas, NV 89169, Las Vegas, 89169 - 1 bed, 1 bath
1420 Vegas Valley Drive 23
Las Vegas, NV 89169
Property Price
SUMMARY
Analysis of 1420 Vegas Valley Drive 23, Las Vegas, NV 89169 is currently available with a list price of $112,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1970, this property is aged but functional, fitting the 'fair' criteria. While it features low-maintenance tile flooring and updated baseboards, the overall aesthetic, kitchen appliances, and bathroom fixtures are dated. The lack of in-unit laundry and the age of the building suggest that while the unit is maintained, it has not undergone a comprehensive modern renovation in recent years.
PROSSTRENGTHS & OPPORTUNITIES
- First-Floor Accessibility
As a ground-level unit, this property offers easy access without the need for stairs, making it highly desirable for those with mobility preferences and simplifying the move-in process.
- Low-Maintenance Flooring
The condo features tile flooring throughout, providing a durable and easy-to-clean surface that helps keep the home cool in the Las Vegas heat.
- Private Outdoor Living
The unit includes a covered patio with a dedicated storage closet, offering a private outdoor retreat and additional functional space for belongings.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3277, other record lot size in square feet = 797.
- High Monthly Association Fees
The $570 monthly association fee is significant relative to the purchase price, which could affect the debt-to-income ratio for buyers and reduce net cash flow for investors.
- Shared Laundry Facilities
The lack of in-unit laundry hookups requires residents to use the community facility, which may be seen as a disadvantage compared to more modern condominium developments.
About 1420 Vegas Valley Drive 23
FIRST FLOOR CONDO UNIT! TILE FLOORING THROUGHOUT, WHITE BASEBOARDS, AND SLIDING DOOR TO COVERED PATIO AREA WITH STORAGE CLOSET. POOL, LAUNDRY FACILITY & ONE ASSIGNED PARKING SPOT FOR RESIDENT AND OPEN STREET PARKING FOR GUESTS.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- 3,277 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $570 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 45% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 671 | 863 | 30% |
| Lot Size | 3,277 | 974 | 68% |
| Price | $112.0K | $130.0K | 32% |
| Price per sq ft | $167 | $177 | 38% |
| Built year | 1970 | 1973 | 26% |
| HOA | $570 | $240 | 80% |
| Days on market | 38 | 347 | 1% |
Pricing History
Listed for Sale
Jan 28, 2026
$112,000
Initial Listing