
Las Vegas, NV 89119
This First-Floor Condominium is a strategic Asset with a List Price of $203,000, reflecting market-stabilized pricing relative to its $192,261 Fair Market Value. Currently assigned a Condition Rating of 4, the unit requires interior modernization to maximize ROI, offering a clear Value-Add opportunity in a high-demand rental submarket. The Strategic Central Location near UNLV and Boulevard Mall supports strong occupancy rates, while Ground Floor Accessibility and community amenities like a pool and spa enhance tenant appeal. This property is a calculated acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1455 E Katie Avenue K14 Subject | $203,000* List Price | 2 | 2 | 1,050 | $183 | - |
A 1729 Jupiter Court B Sold | $170,000 | 2 | 2 | 980 | $173 | 0.8 mi |
B 3823 MARYLAND R1 Sold | $200,000 | 2 | 2 | 892 | $224 | 0.4 mi |
C 3823 S Maryland Parkway P1 Active | $180,000 List Price | 2 | 2 | 892 | $202 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this property is functional and appears well-maintained but is significantly outdated. The kitchen features older wood cabinetry and a fluorescent light box, while the carpeting throughout shows signs of age. Although some minor updates like the kitchen countertops are visible, the overall style, appliances, and fixtures do not meet the criteria for a 'good' rating, as they lack recent extensive renovation.
As a first-floor unit, this property offers excellent accessibility and convenience, eliminating the need for stairs and appealing to a wide range of buyers and tenants.
The property is ideally situated near UNLV and the Boulevard Mall, ensuring high rental demand and easy access to shopping, dining, and educational facilities.
Residents have access to a comprehensive suite of amenities including a pool, spa, and sports courts, which enhances the overall lifestyle value of the condominium.
Built in 1980, the unit may require updates to its mechanical systems or interior finishes to align with modern energy efficiency and aesthetic standards.
The reliance on community laundry facilities rather than having in-unit hookups may be a drawback for buyers seeking maximum convenience and privacy.
BEAUTIFUL CONDO ON THE FIRST FLOOR, COMMUNITY AMENITIES INCLUDE A POOL, SPA, SPORTS COURTS AND LAUNDRY FACILITIES. LOCATED NEAR BOULEVARD MALL, UNLV.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 51% |
| Square foot | 1,050 | 892 | 80% |
| Lot Size | - | - | 50% |
| Price | $203.0K | $110.0K | 89% |
| Price per sq ft | $193 | $167 | 67% |
| Built year | 1980 | 1983 | 45% |
| HOA | $325 | $175 | 95% |
| Days on market | 354 | 1510 | 33% |
May 3, 2025
$203,000
Initial Listing