1502 Rexford Place, Las Vegas, NV 89104, Las Vegas, 89104 - bed, bath
1502 Rexford Place
Las Vegas, NV 89104
Property Price
SUMMARY
Analysis of 1502 Rexford Place, Las Vegas, NV 89104 is currently available with a list price of $449,000. 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 1954, this duplex is well-maintained and functional but shows significant signs of age. While the tile flooring is a durable update, the kitchens and bathrooms feature dated cabinetry, older appliances, and vintage fixtures that have not been modernized in several decades.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property is currently fully rented, providing an immediate revenue stream for investors and eliminating the need for initial tenant placement or marketing.
- Low Maintenance Finishes
Featuring durable tile flooring throughout and well-maintained living areas, the units are designed to minimize turnover costs and long-term wear and tear.
- No HOA Fees
With zero association fees, the property offers lower monthly overhead costs, which directly maximizes the net operating income and overall profitability for the owner.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1954, the property may require more frequent maintenance or future capital expenditures for aging systems such as plumbing, electrical, or roofing.
- Vintage Efficiency Standards
Due to its mid-century construction, the building may lack modern energy-efficient features like high-grade insulation or dual-pane windows, potentially leading to higher utility costs.
About 1502 Rexford Place
Great opportunity on this well maintained duplex. Tile floors, nice size living areas. Property is fully rented.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1954
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,995 | 1,826 | 57% |
| Lot Size | 7,405 | 6,970 | 86% |
| Price | $449.0K | $304.5K | 71% |
| Price per sq ft | $225 | $153 | 71% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 169 | 1508 | 14% |
Pricing History
Listed for Sale
Sep 19, 2025
$449,000
Initial Listing