
Las Vegas, NV 89110
This 3-bedroom condominium presents a High-Potential Investment Opportunity with a List Price of $155,000—positioned well below the $125,993 Fair Market Value by -23%. While the property requires significant renovation, its Condition Rating of 5 and functional layout provide a clear path for forced appreciation. Featuring a screened-in patio and gated community security, this asset is well-suited for Buy-and-Hold Investors or Contractors capable of managing a full-scale interior rehab to maximize rental yield in the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1540 Jamielinn Lane 101 Subject | $155,000* List Price | 3 | 2 | 1,197 | $136 | - |
A 1500 Jamielinn Lane 201 Active | $170,990 List Price | 2 | 2 | 1,081 | $158 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 32 years old (built 1994), placing it in the >30y category. The listing explicitly states 'TLC needed' and 'bring your vision,' signaling that the kitchen, baths, and systems likely require a full rehab rather than minor updates.
Priced competitively at $155,000 for a three-bedroom unit, this property offers significant equity growth potential for investors or buyers willing to manage the necessary renovations.
The property is situated within a secure gated community that offers various amenities, providing residents with an enhanced lifestyle and an added layer of security.
With nearly 1,200 square feet of living space, the floor plan features a primary suite and a screened-in patio, offering a generous and practical footprint for a condominium.
The listing explicitly mentions the need for 'TLC,' indicating that the property likely requires immediate capital expenditure for cosmetic or structural updates to reach its full potential.
The assigned high school has a rating of 1/10, which may deter families with school-aged children and could impact the long-term appreciation of the property.
TRADITIONAL SALE!! TLC needed, but the potential is undeniable! This condo has 3-bed, 2-bath home located in a gated community with many amenities! Condo offers a functional layout-accented living room, kitchen with solid countertops, dining area and pantry, and a primary suite. Cozy covered balcony with a screen patio. Close to schools, shopping, and dining. Bring your vision and make this one shine!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,197 | - |
| Lot Size | - | - |
| Price | $155.0K | $217.2K |
| Price per sq ft | $129 | $219 |
| Built year | 1994 | 0 |
| HOA | $300 | $0 |
| Days on market | 62 | 828 |
May 21, 2026
$155,000
Initial Listing
Feb 25, 1994
$74,500
Public Record