
Las Vegas, NV 89169
This property represents a High-Potential Investment Opportunity with a List Price of $369,000—positioned well below the $541,055 Fair Market Value by 31%. This significant valuation gap offers $172,055 in Instant Equity for buyers prepared for a full-scale renovation. Currently in a Condition Rating of 5, the 1,912 square foot residence features a spacious open floor plan and sits on an expansive 10,019 square foot lot in the historic Paradise Palms area. With no HOA and proximity to Downtown, this asset is a prime acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1626 Golden Arrow Drive Subject | $369,000* List Price | 3 | 2 | 1,912 | $283 | - |
A 1590 Raindance Way Sold | $349,900 List Price | 3 | 2 | 2,082 | 0.1 mi | |
B 3035 La Canada Street Sold | $389,000 | 3 | 2 | 1,619 | $240 | 0.2 mi |
C 1564 Vegas Valley Drive Sold | $414,999 | 4 | 3 | 2,103 | $197 | 0.3 mi |
D 1849 LA BRISA Avenue Sold | $390,600 | 4 | 2 | 1,737 | $225 | 0.4 mi |
E 2825 Burnham Avenue Sold | $444,000 | 3 | 2 | 2,073 | $214 | 0.5 mi |
F 3035 La Canada Street Sold | $389,000 | 4 | 2 | 1,619 | $240 | 0.2 mi |
G 3314 Arapaho Circle Pending | $424,999 List Price | 4 | 2 | 1,720 | $247 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965 and marketed as a 'Flippers Opportunity,' this property requires substantial rehabilitation. Interior images reveal exposed electrical wiring, outdated and damaged cabinetry, and mismatched flooring. The exterior shows significant deferred maintenance, including peeling paint and a yard filled with debris, indicating the home is not currently in move-in condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1912.
Marketed as a 'Flippers Opportunity' in the historic Paradise Palms area, this property offers significant equity-building potential for investors or renovators looking to capitalize on the mid-century modern trend.
The property boasts a generous 10,019 square foot lot and over 1,900 square feet of living space, including a large primary suite and an open floor plan that is highly desirable for modern living.
The home requires significant work and updates, which will necessitate a substantial additional capital investment and construction oversight immediately after purchase.
The assigned elementary and high schools carry low performance ratings (2/10), which may limit the property's appeal to families and impact future resale value to that demographic.
Back on the Market! Escrow fell through—Your chance to make it yours! Flippers Oppertunity! 3 bedroom 2 bathroom single story house in a quiet neighborhood close to Downtown Las Vegas, open floor spacious living room with fireplace, huge primary bedroom with walk in closet, spacious kitchen. Very convenient location, close to shopping. House needs some work, but it has a lot of potential.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.5 mi
Grades PK-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,912 | 1,758 | 69% |
| Lot Size | 10,019 | 7,405 | 88% |
| Price | $369.0K | $382.0K | 41% |
| Price per sq ft | $193 | $214 | 31% |
| Built year | 1965 | 1963 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 353 | 3% |
Mar 10, 2026
$369,000
Initial Listing