1455 E Katie Avenue L23, Las Vegas, NV 89119, Las Vegas, 89119 - 3 bed, 2 bath
1455 E Katie Avenue L23
Las Vegas, NV 89119
Property Price
SUMMARY
Analysis of 1455 E Katie Avenue L23, Las Vegas, NV 89119 is currently available with a list price of $264,000. 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 1980, this property falls into the 'Fair' category as it is over 40 years old and shows signs of being maintained through occasional updates rather than a full recent renovation. While it features granite countertops and tile flooring in the kitchen and bathrooms, the overall aesthetic and infrastructure (including the lack of in-unit laundry) reflect its original era. The property is functional and move-in ready for a tenant, but the components and style are aged.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment Potential
The property is marketed as a great investment with an 'excellent tenant' already in place, offering immediate cash flow and a seamless transition for a new owner.
- Comprehensive Community Amenities
Residents have access to an extensive suite of amenities, including a pool, spa, clubhouse, playground, and courts for both tennis and basketball, enhancing lifestyle appeal.
- Modern Interior Finishes
The unit features granite countertops throughout and a functional kitchen with a breakfast bar, providing a more contemporary feel than many standard units of this vintage.
CONSRISKS & DEFICIENCIES
- Lack of In-Unit Laundry
The reliance on a community laundry facility rather than private in-unit hookups may be a significant inconvenience for some residents and could limit long-term rental premium potential.
- Aging Infrastructure
Built in 1980, the property may require more frequent maintenance or future capital improvements to the building's exterior and common systems compared to newer developments.
About 1455 E Katie Avenue L23
Great Investment! 3 bedrooms, 2 baths Condominium. Granite countertops throughout, Carpet flooring in Livingroom, dining room, hallway, and bedrooms. Tile flooring in kitchen and bathrooms. Mirror closet doors on all the bedrooms, Blinds throughout, ceiling fan in dining room, Kitchen with breakfast bar, Balcony with great view of the Tennis and basketball court. Community with Laundry facility, mail room, clubhouse, pool, spa, playground, Tennis and basketball court. Centrally located, Excellent tenant.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 8,564 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $341 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 97% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,266 | 970 | 97% |
| Lot Size | 8,564 | 750 | 97% |
| Price | $264.0K | $125.0K | 99% |
| Price per sq ft | $209 | $167 | 74% |
| Built year | 1980 | 1980 | 50% |
| HOA | $341 | $215 | 95% |
| Days on market | 318 | 422 | 45% |
Pricing History
Listed for Sale
Apr 23, 2025
$264,000
Initial Listing