
Las Vegas, NV 89106
This Townhouse Asset represents a Prime Investment Opportunity, listed at $200,000—positioned well below the $205,459 Fair Market Value by 2%. This valuation gap provides $5,459 in Instant Equity. Featuring a Condition Rating of 4, the property includes recent mechanical upgrades like a new A/C and water heater, though the interior remains dated. With gated community amenities and a functional layout, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1956 Vista Malaga Street 103 Subject | $200,000* List Price | 2 | 3 | 1,066 | $193 | - |
A 2524 Adelante Avenue 106 Pending | $245,000 List Price | 3 | 3 | 1,173 | $209 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (25 years old), the property is dated with original oak cabinetry and laminate countertops in the kitchen and bathrooms. Although the HVAC and water heater have been replaced, the interior finishes are over 20 years old and require cosmetic updates to meet modern standards.
The property features a newly replaced A/C unit and water heater, offering significant immediate value and peace of mind regarding two of the most costly home maintenance items.
Located in a secure gated community, residents have access to a comprehensive suite of amenities including a pool, playground, and recreation room, enhancing the overall lifestyle appeal.
The floor plan is highly functional, featuring a guest-friendly half-bath downstairs and two full private bathrooms upstairs, paired with the added convenience of a 1-car garage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6164, other record lot size in square feet = 3378.
The property is zoned for several middle and high schools with low performance ratings, which may be a concern for families and could impact future appreciation.
At 1,066 square feet, the interior living area is relatively small, which may feel restrictive for buyers looking for spacious common areas or extra storage.
The A/C unit and Water Heater were replaced. This two-bedroom townhouse is located in a gated community that offers several amenities, including a community pool, a recreation room with a playground, and ample parking. The downstairs floor plan consists of an open family room with a 1/2 bath, and the kitchen features a breakfast bar and a dining area off to the side. Upstairs consists of the primary and guest bedrooms with two full bathrooms. This townhouse also has a 1-car garage with a covered porch.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.8 mi
Grades PK-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 22% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,066 | 1,120 | 33% |
| Lot Size | 6,164 | 1,307 | 89% |
| Price | $200.0K | $200.0K | 50% |
| Price per sq ft | $188 | $188 | 50% |
| Built year | 1999 | 2000 | 33% |
| HOA | $195 | $129 | 89% |
| Days on market | 18 | 261 | 11% |
May 19, 2026
$200,000
Initial Listing