1521 Elizabeth Avenue 4, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 1 bath
1521 Elizabeth Avenue 4
Las Vegas, NV 89119
Property Price
SUMMARY
Analysis of 1521 Elizabeth Avenue 4, Las Vegas, NV 89119 is currently available with a list price of $199,990. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Although built in 1972, the property has been fully and extensively renovated within the last 5 years. The interior features a modern chef's kitchen with quartz countertops, contemporary cabinetry, and new finishes throughout, including in-unit laundry and updated flooring, meeting the criteria for a virtually new interior condition.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment Opportunity
The property is fully remodeled with a tenant and property management already in place, offering immediate cash flow and a 'plug-and-play' asset for investors.
- Strategic Location
Located in close proximity to UNLV, this condo is positioned in a high-demand area for students and faculty, ensuring a consistent pool of potential renters.
- Modern Interior Upgrades
Features high-end finishes including quartz countertops, contemporary cabinetry, and the rare convenience of in-unit laundry, significantly boosting its rental appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2690, other record lot size in square feet = 1892.
- Aging Infrastructure
Built in 1972, the building's age may lead to higher long-term maintenance costs or potential special assessments for common area repairs despite the unit's internal updates.
- Low School Ratings
The assigned middle and high schools have low ratings (3 and 2 respectively), which may limit the property's appeal to families with school-aged children.
About 1521 Elizabeth Avenue 4
Position your portfolio for long-term growth with this prime opportunity to secure a low-maintenance, high-demand property with this fully remodeled 2-bedroom, 1-bath condo with tenant and property management already in place. Expertly designed for enduring tenant appeal and rental efficiency. Step into a fresh, inviting interior where thoughtful updates enhance both style and durability. Tenants will gravitate toward the chef’s kitchen, showcasing quartz countertops and sleek, contemporary cabinetry that make daily living a joy. New modern finishes throughout create a move-in ready environment that minimizes maintenance and boosts rental desirability. With close proximity to UNLV, this location is a magnet for students, faculty, and young professionals. Tenants can enjoy in-unit laundry and access to community amenities like a clubhouse and sparkling pool and tennis courts. Close to shopping, dining, and entertainment.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 2,690 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $275 / Month
Neighborhood Insights
Las Vegas Unified Schools
Lewis E Rowe Elementary School
Grades PK-5 • 0.7 mi
William E Orr Middle School
Grades 6-8 • 1.3 mi
Del Sol High School
Grades 9-12 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 41% |
| Square foot | 792 | 962 | 33% |
| Lot Size | 2,690 | 750 | 72% |
| Price | $200.0K | $125.0K | 77% |
| Price per sq ft | $253 | $167 | 96% |
| Built year | 1972 | 1980 | 18% |
| HOA | $275 | $215 | 77% |
| Days on market | 78 | 422 | 8% |
Pricing History
Listed for Sale
Dec 19, 2025
$199,990
Initial Listing