1926 Majalis Place, Las Vegas, NV 89106, Las Vegas, 89106 - 5 bed, 4 bath
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Las Vegas, NV 89106
This Modern 2024 Turnkey Residence is a pristine Single Family Home listed at $595,000, offering a stable acquisition at its $590,886 Fair Market Value. Boasting an Excellent Condition Rating, the 2,893-square-foot interior features 5 Bedrooms and 4 Bathrooms with contemporary finishes and zero deferred maintenance. Strategically located next to HyLo Park with access to top-rated schools like Jo Mackey Elementary, the property is optimized for a projected $3,500 monthly rental income. This versatile asset is an ideal match for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, move-in-ready environment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1926 Majalis Place Subject | $595,000* List Price | 5 | 4 | 2,893 | $204 | - |
A 1990 Majalis Place Active | $589,999 List Price | 5 | 4 | 2,907 | $203 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2024, making it a brand-new construction that meets the highest quality standards. As a new build, all components including the kitchen, bathrooms, flooring, and major systems (HVAC, electrical) are new with no physical depreciation or deferred maintenance. The exterior features modern desert landscaping, pavers, and contemporary stucco finishes, while the floor plan indicates a modern, spacious layout consistent with current market trends.
Built in 2024, this almost brand-new home is in excellent condition, offering modern finishes and significantly lower immediate maintenance costs compared to older area inventory.
Marketed as an investor special with a projected monthly rent of $3,500, the property offers a strong gross rental yield and immediate cash flow potential for a $595,000 acquisition.
The generous 2,893 square foot floor plan includes 5 bedrooms and 4 bathrooms, providing a highly desirable configuration for large families or high-occupancy rental strategies.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3920, other record lot size in square feet = 3794.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3920, living area = 2893.
With a lot size of only 3,920 square feet for a nearly 2,900 square foot home, the property has a very high building-to-lot ratio, leaving minimal space for a private backyard or outdoor entertaining.
Turnkey investment opportunity with tenant in place generating approximately $3,000–$3,500/month in rental income. This well-maintained home offers immediate cash flow with no vacancy, making it an ideal option for investors seeking stable returns. Located in a desirable area with strong rental demand, this property provides both income potential and long-term appreciation. A rare chance to acquire a performing asset—please do not disturb tenant.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.6 mi
Grades PK-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 4.0 | 2.0 | 96% |
| Square foot | 2,893 | 1,307 | 98% |
| Lot Size | 3,920 | 6,534 | 25% |
| Price | $595.0K | $310.0K | 97% |
| Price per sq ft | $206 | $223 | 47% |
| Built year | 2024 | 1963 | 99% |
| HOA | $65 | $0 | 81% |
| Days on market | 48 | 776 | 1% |
Mar 5, 2026
$595,000
Initial Listing