1455 E Katie Avenue L23, Las Vegas, NV 89119, Las Vegas, 89119 - 3 bed, 2 bath
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Las Vegas, NV 89119
This Turnkey Residential Asset is listed at $264,000, offering a stable entry into the Las Vegas market with an excellent tenant already in place for immediate cash flow. Positioned at a $235,504 Fair Market Value, the property provides a reliable valuation for a 3-bedroom unit in this high-demand rental corridor. Featuring a Condition Rating of 4, the interior includes Granite Kitchen Counters and access to premium community amenities like a pool, spa, and sports courts. This is a low-friction acquisition perfectly suited for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1455 E Katie Avenue L23 Subject | $264,000* List Price | 3 | 2 | 1,266 | $186 | - |
A 3823 S Maryland Parkway R1 Sold | $200,000 | 2 | 2 | 892 | $224 | 0.4 mi |
B 3823 MARYLAND R1 Sold | $200,000 | 2 | 2 | 892 | $224 | 0.4 mi |
C 1455 E Katie Avenue K14 Active | $203,000 List Price | 2 | 2 | 1,050 | $193 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the property is well-maintained but shows clear signs of age. While it features some updates like granite countertops and tile flooring in wet areas, the overall style remains dated with older carpeting, standard dome light fixtures, and a lack of in-unit laundry. It meets the criteria for a functional, aged home that has undergone occasional updates rather than a full modern renovation.
The property is marketed as a great investment with an existing 'excellent tenant' in place, offering immediate cash flow and reduced vacancy risk for investors.
Residents benefit from an extensive suite of amenities including a pool, spa, tennis and basketball courts, and a clubhouse, which enhances tenant retention and lifestyle value.
The inclusion of granite countertops throughout and a functional breakfast bar provides a contemporary touch that differentiates this unit from standard 1980s-era condominiums.
The property relies on a communal laundry facility rather than having private in-unit hookups, which can be a significant drawback for modern buyers and long-term renters.
Built in 1980, the property may face higher maintenance requirements or potential future assessments common with older multi-family developments.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 98% |
| Baths | 2.0 | 1.0 | 51% |
| Square foot | 1,266 | 892 | 97% |
| Lot Size | 8,564 | - | 97% |
| Price | $264.0K | $110.0K | 99% |
| Price per sq ft | $209 | $167 | 71% |
| Built year | 1980 | 1983 | 45% |
| HOA | $341 | $175 | 95% |
| Days on market | 364 | 1510 | 33% |
Apr 23, 2025
$264,000
Initial Listing