
Las Vegas, NV 89108
This High-Potential Investment Opportunity is listed at a List Price of $249,900, positioned well above the $220,747 Fair Market Value by 13%. While the property requires cosmetic updates due to its Condition Rating of 4, the efficient single-story layout and reasonable association fees provide a stable foundation for value-add strategies. The unit offers a functional 2-bedroom, 2-bathroom floor plan, making it a practical asset for those targeting the Las Vegas rental market. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1608 North Torrey Pines Drive 103 Subject | $249,900* List Price | 2 | 2 | 890 | $248 | - |
A 1900 N Torrey Pines Drive 132 Sold | $260,000 List Price | 3 | 2 | 1,227 | 0.3 mi | |
B 1600 N Torrey Pines Drive 202 Active | $202,000 List Price | 2 | 2 | 976 | $207 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, the property is 32 years old and retains original, dated kitchen and bathroom fixtures. While functional and move-in ready, the mismatched cabinetry and aged interior finishes require cosmetic updates and minor repairs to meet modern standards.
The unit features a well-designed 2-bedroom, 2-bathroom floor plan on a single level, offering maximum accessibility and privacy without the hassle of stairs.
Listed at $249,900, this property represents an affordable entry point into the Las Vegas market, making it an attractive option for first-time homebuyers or savvy investors.
With a monthly HOA fee of $248, the property offers a cost-effective balance of community maintenance and urban convenience compared to many higher-priced developments in the area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4421, other record lot size in square feet = 4029.
At 890 square feet, the interior space is relatively small for a two-bedroom residence, which may limit storage options and feel restrictive for larger households.
Built in 1992, the property may require updates to major systems or cosmetic finishes to meet modern energy efficiency standards and contemporary design preferences.
Discover a vibrant urban retreat where modern convenience meets comfortable living in this charming condominium. This residence offers an exceptional opportunity to experience the dynamic lifestyle of Las Vegas, perfectly situated for both relaxation and city adventures. The well-designed layout maximizes space and natural light, creating an inviting atmosphere throughout. Thoughtful details and quality finishes elevate the living experience in every corner of this delightful home. The interior boasts elegance, enhancing privacy and light control while contributing to the sophisticated aesthetic. With two spacious bedrooms and two well-appointed bathrooms, this single-story unit provides ample comfort and functionality for everyday living. The living area spans 890 square feet, offering a comfortable and efficient footprint. Nestled in a desirable Las Vegas location, this property provides excellent access to local amenities and the vibrant energy of the city. Enjoy the ease of condominium living combined with the excitement of a prime address, making it an ideal choice for those seeking a dynamic lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 890 | - |
| Lot Size | 4,421 | - |
| Price | $249.9K | $217.2K |
| Price per sq ft | $281 | $219 |
| Built year | 1992 | 0 |
| HOA | $248 | $0 |
| Days on market | 6 | 828 |
Jul 16, 2026
$249,900
Initial Listing