1600 N Torrey Pines Drive 202, Las Vegas, NV 89108, Las Vegas, 89108 - 2 bed, 2 bath
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Las Vegas, NV 89108
This Second-Floor Condominium represents a High-Potential Investment Opportunity with a List Price of $202,000—positioned well below the $254,698 Fair Market Value by 20%. This significant valuation gap offers $52,698 in Instant Equity. While maintaining a Condition Rating of 4, the unit features a rare private one-car garage, vaulted ceilings, and a two-way gas fireplace. With sunset and mountain views and proximity to the US-95 freeway, this asset is a strategic acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1600 N Torrey Pines Drive 202 Subject | $202,000* List Price | 2 | 2 | 976 | $261 | - |
A 1900 N TORREY PINES Drive 221 Sold | $200,000 | 2 | 2 | 1,022 | $196 | 0.4 mi |
B 1900 N Torrey Pines Drive 221 Sold | $200,000 | 2 | 2 | 1,022 | $196 | 0.4 mi |
C 1620 N Torrey Pines Drive 203 Sold | $222,500 | 2 | 2 | 976 | $228 | 0.1 mi |
D 1900 N Torrey Pines Drive 116 Sold | $230,000 List Price | 3 | 2 | 1,227 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, the property appears to be in mostly original condition. The kitchen features dated white cabinetry with wood trim, white tile countertops, and older white appliances. The bathroom similarly shows original tile work and older fixtures. While the home is well-maintained and move-in ready, it lacks modern renovations and shows signs of its 30-plus year age, fitting the criteria for fair condition.
The inclusion of a private one-car garage is a significant value-add for a condo at this price point, offering enhanced security and additional storage space.
Vaulted ceilings and a rare two-way gas fireplace between the living room and primary bedroom provide a sense of volume and charm not typically found in standard units.
Positioned less than a mile from US-95 and within walking distance to major retail and dining, the property offers exceptional convenience for commuters and residents.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4500, other record lot size in square feet = 4029.
Built in 1992, the property may soon require capital improvements or updates to major mechanical systems and interior finishes to remain competitive.
The $285 monthly association fee represents a notable recurring expense that buyers must factor into their debt-to-income ratio and overall monthly budget.
Looking for a condo with a private car garage?! look no further! 2 bedrooms, 2 bathrooms, a private one-car garage, and vaulted ceilings that enhance the open feel of the living space. A rare two-way gas fireplace connects the living room and primary bedroom, adding warmth and architectural character rarely found at this price point. The kitchen includes generous cabinetry and a breakfast bar that opens to the main living area. Enjoy sunset views from the kitchen windows and unwind on the private balcony—perfect for morning coffee or evening relaxation. Community amenities include a pool, hot tub, and guest parking. Positioned 0.8 miles to US-95 access, 0.4 miles to Starbucks and Albertsons, and near Lorenzi Park and Downtown Las Vegas, this property offers convenient access to shopping, dining, and entertainment. A compelling rent-alternative opportunity with long-term value potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 976 | 1,056 | 28% |
| Lot Size | 4,500 | - | 73% |
| Price | $202.0K | $185.0K | 70% |
| Price per sq ft | $207 | $176 | 71% |
| Built year | 1992 | 1995 | 43% |
| HOA | $285 | $200 | 89% |
| Days on market | 66 | 1459 | 1% |
Feb 16, 2026
$202,000
Initial Listing