1516 SAN PEDRO Avenue, Las Vegas, NV 89104, Las Vegas, 89104 - 3 bed, 2 bath
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1516 SAN PEDRO Avenue
Las Vegas, NV 89104
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,469Sq Ft
7,841Lot Size
Property Price
LIST PRICE$379,900
EST. MARKET VALUE
$385,013
SUMMARY
This Renovated Ranch-style Home is a High-Potential Investment Opportunity, listed at $420,000—positioned above the $401,080 Fair Market Value. Despite the premium, the property features an Excellent Condition Rating with extensive modern upgrades, including a new kitchen, Pella windows, and an updated subpanel. The expansive corner lot, complete with RV parking and a private patio with an outdoor fireplace, offers significant lifestyle utility. This move-in-ready residence is an ideal acquisition for Owner-Occupants seeking a turnkey property or first-time buyers prioritizing long-term stability.
Estimated Market Value
$385,013
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1516 SAN PEDRO Avenue Subject | $379,900* List Price | 3 | 2 | 1,469 | $262 | - |
A 1436 Bracken Avenue Sold | $400,000 | 4 | 2 | 1,554 | $257 | 0.5 mi |
B 1709 Hassett Avenue Sold | $375,000 | 4 | 2 | 1,496 | $251 | 0.5 mi |
C 1506 E Saint Louis Avenue Sold | $400,000 | 4 | 2 | 1,743 | $229 | 0.2 mi |
D 1705 Hassett Avenue Sold | $465,000 | 4 | 2 | 1,747 | $266 | 0.4 mi |
E 1504 Eastwood Drive Sold | $355,000 | 4 | 2 | 1,484 | $239 | 1.0 mi |
F 1314 Jessica Avenue Sold | $356,000 | 4 | 3 | 1,287 | $277 | 0.8 mi |
G 2125 East Oakey Boulevard Sold | $310,000 | 4 | 2 | 1,226 | $253 | 0.9 mi |
H 1609 San Pedro Avenue Active | $399,999 List Price | 4 | 2 | 1,375 | $291 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite being built in 1956, the property has undergone a comprehensive recent renovation (likely <2 years). Improvements include a new kitchen with modern cabinets and countertops, new bathroom vanities, new flooring, fresh paint, Pella vinyl windows, and an updated electrical subpanel, making it move-in ready in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1469.
- Extensive Modern Upgrades
The home features significant recent improvements including a new kitchen with Bayview Blue cabinets, new countertops, LG appliances, Pella vinyl windows, and updated vanities, offering a move-in-ready aesthetic.
- Premium Lot & Parking Features
Situated on a spacious corner lot, the property provides exceptional utility with a circular driveway, dedicated RV parking, and an RV gate, which is a highly sought-after feature in this area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Vintage Infrastructure
Built in 1956, the property may have underlying plumbing or electrical systems that, despite some updates like the subpanel, could require more maintenance than a newer construction.
- Compact Living Area
At 1,469 square feet for a three-bedroom home, the interior footprint is relatively modest, which may limit space for families requiring larger common areas or expansive primary suites.
About 1516 SAN PEDRO Avenue
Beautiful Ranch-style Home with over 9' vaulted ceilings in the kitchen, foyer, living room, and two bedrooms. Roughly 8 1/2 in the other rooms. Sliding door replaced. All interior doors replaced with 6-panel style doors. New kitchen cabinets with soft-closing doors and drawers, all pine box construction, Bayview Blue and white. New Hevea countertops; RV parking; RV gate; new bathroom vanities with dual sinks and new black faucets; jetted tub; freshly painted inside and outside brick. New kitchen flooring; dual-pane Pella vinyl windows in the kitchen, living room, and bedrooms. Corner lot. .18 acres, 3 bedrooms, 2 Bathrooms,. County records show 4 bedrooms. The previous owner replaced the main electrical panel. Fireplace; fireplace/grill outside; new patio cover; huge tiger palms and date trees; circular driveway; lots of parking. New LG microwave and dishwasher. New LG refrigerator will be installed. HVAC system replaced in 2018. Just serviced. Views of the Stratosphere, mountains, and city. Most interior brick has been drywalled. The seller will provide a home warranty..The seller is willing to assist the buyer with a closing cost credit or a rate buydown.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,469 | 1,961.945 |
| Lot Size | 7,841 | 6,098 |
| Price | $379.9K | $486.0K |
| Price per sq ft | $259 | $259 |
| Built year | 1956 | 2002 |
| HOA | $0 | $83 |
| Days on market | 27 | 62 |
Pricing History
Listed for Sale
Sep 1, 2026
$379,900
$400,000
-5% Price Drop
Initial Listing
Price Change
Aug 26, 2026
$400,000
$410,000
-2% Price Drop
Initial Listing
Price Change
Aug 19, 2026
$410,000
$420,000
-2% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$420,000
Initial Listing
Sold
Sep 30, 1996
$90,000
Public Record