1421 Santa Margarita Street A, Las Vegas, NV 89146, Las Vegas, 89146 - 2 bed, 2 bath
1421 Santa Margarita Street A
Las Vegas, NV 89146
Property Price
SUMMARY
Analysis of 1421 Santa Margarita Street A, Las Vegas, NV 89146 is currently available with a list price of $205,000. 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 1988, this property falls into the fair category as it is over 30 years old and lacks evidence of a recent comprehensive renovation. While the unit is well-maintained with durable tile flooring throughout and a functional fireplace, the kitchen and bathrooms likely feature older styles and appliances consistent with its age. It serves as a solid, livable space but shows signs of being outdated compared to modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Judy & John L Goolsby Elementary School (9/10).
- First-Floor Accessibility
The ground-floor location provides effortless access and eliminates the need for stairs, making it an ideal choice for those prioritizing convenience and long-term mobility.
- Durable Interior Finishes
The unit features tile flooring throughout, offering a low-maintenance and allergy-friendly environment that helps keep the home cool in the desert climate.
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 Performance
The immediate neighborhood schools, specifically the middle and high schools, carry lower ratings (3/10), which may impact appeal for families with school-aged children.
- Recurring HOA Costs
The monthly association fee of $304 is a significant recurring expense relative to the $205,000 price point, impacting the overall monthly debt-to-income ratio for buyers.
About 1421 Santa Margarita Street A
Inviting first-floor 2-bedroom, 2-bath condo featuring tile flooring throughout and a cozy fireplace for added comfort. Enjoy a covered patio ideal for outdoor relaxation, with close and convenient access to the community pool and spa. This well-maintained unit offers easy, low-maintenance living in a prime location perfect as a primary residence.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- 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
- $304 / 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 • 1.1 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 | $205.0K | $197.0K | 51% |
| Price per sq ft | $194 | $183 | 60% |
| Built year | 1988 | 1986 | 66% |
| HOA | $304 | $236 | 83% |
| Days on market | 56 | 273 | 3% |
Pricing History
Listed for Sale
Jan 10, 2026
$205,000
Initial Listing