1508 Faldo Street, Las Vegas, NV 89128, Las Vegas, 89128 - 3 bed, 2 bath
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Las Vegas, NV 89128
This property presents a High-Potential Investment Opportunity with a List Price of $240,000—positioned well above the $201,375 Fair Market Value by 19%. While the property requires significant rehabilitation due to its Fair Condition Rating, it offers a strategic entry point into a community with access to Top-Rated Schools like Palo Verde High and Ernest Becker Middle. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a full-scale renovation to unlock the home's underlying value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1508 Faldo Street Subject | $240,000* List Price | 3 | 2 | 1,400 | $144 | - |
A 7736 Allerton Avenue Sold | $239,900 List Price | 3 | 3 | 1,331 | 0.9 mi | |
B 1505 Faldo Street Pending | $275,000 List Price | 3 | 3 | 1,400 | $196 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1998 (26 years old), the property is explicitly marketed as an 'as-is' opportunity for investors and flippers. While one photo shows updated laminate flooring, another reveals a hoarding situation with significant debris. The listing's emphasis on 'value-add' and 'unlocking potential' suggests the home requires a full rehab rather than minor cosmetic updates.
Situated in the desirable Villas At Angel Park community, the property offers excellent proximity to shopping, dining, and major roadways, ensuring high convenience for residents.
Priced competitively for a 3-bedroom townhouse, this property serves as an ideal opportunity for investors or flippers to build equity through renovations and personal touches.
The home is zoned for well-regarded schools, including Palo Verde High School and Ernest Becker Middle School, both boasting a rating of 7, making it attractive for families.
The property is being sold strictly as-is with no warranties or repairs, indicating that the buyer will need to budget for immediate maintenance or modernization costs.
At $400 per month, the association fee is a significant recurring expense that may affect the overall affordability and debt-to-income ratio for potential buyers.
Welcome to 1508 Faldo Street, located in a desirable Las Vegas community. This property offers a great opportunity for buyers looking to add their personal touch and unlock its full potential. Conveniently situated near schools, shopping, dining, and major roadways, this home provides both comfort and accessibility. this Property is being sold as-is, with no repairs or warranties expressed or implied by the seller. A fantastic opportunity for investors, flippers, or buyers seeking a value-add home in a prime location.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 1.7 mi
Grades PK-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 7% |
| Square foot | 1,400 | 1,400 | 50% |
| Lot Size | 871 | 2,178 | 24% |
| Price | $240.0K | $335.0K | 17% |
| Price per sq ft | $171 | $227 | 17% |
| Built year | 1998 | 1994 | 90% |
| HOA | $400 | $115 | 90% |
| Days on market | 11 | 508 | 3% |
Jun 3, 2026
$240,000
Initial Listing
Feb 29, 2012
$57,250
Public Record