
Las Vegas, NV 89119
Analysis of 2036 Canterbury Drive, Las Vegas, NV 89119 is currently available with a list price of $830,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 1984 but features significant recent renovations making it turnkey. The kitchen has been updated with modern stone countertops, subway tile backsplash, and stainless steel appliances. Bathrooms show high-end updates including vessel sinks, black hardware, and contemporary marble-style tiling. The addition of solar panels and well-maintained landscaping further supports a 'Good' rating for a property of this age.
The property offers a high 9.76% gross yield and an estimated 7.5% cap rate with a proven three-year history of 100% occupancy, making it a robust income-producing asset.
With 8 bedrooms, 3 separate living areas, and no HOA, the property is sold fully furnished, providing immediate flexibility for house-hacking or multi-unit rental strategies.
Located in the established Paradise Palms neighborhood, the home is minutes from the Las Vegas Strip, UNLV, and major stadiums, ensuring high tenant demand and convenience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 4.
The assigned middle and high schools have low ratings (3/10 and 2/10 respectively), which may deter long-term family tenants and impact future resale value to owner-occupants.
The multi-living area configuration requires buyer verification of zoning and permitted uses, posing a potential risk if the current layout does not strictly align with municipal codes.
TURNKEY, FULLY OCCUPIED INCOME-PRODUCING OPPORTUNITY IN PARADISE PALMS! This impressive approximately 4,100 SF property features 8 bedrooms, 5 bathrooms and 3 separate living areas, offering exceptional flexibility for investors or an owner-occupant looking to offset their mortgage with rental income. 100% occupied for approximately 3 years with a strong, consistent rental history, currently generating approximately $6,750/month and $81,000 annually in gross rental income. At an $830,000 purchase price, that's a 9.76% gross yield with an estimated cap rate of approximately 7.5%, based on current income and estimated operating expenses. Even better, the property is being offered FULLY FURNISHED, creating a truly turnkey investment opportunity with great existing tenants. Live in one living area while collecting income from the others, or continue operating the entire property as an income-producing investment. Enjoy a resort-style swimming pool with attached spa/jacuzzi and spacious outdoor entertainment area, all within a quiet, established neighborhood. Outstanding central Las Vegas location just minutes from the Las Vegas Strip, Harry Reid International Airport, UNLV, Allegiant Stadium, the future Athletics ballpark, shopping, dining, entertainment and major freeways. An exceptionally convenient location where tenants can easily Uber throughout the city's major employment and entertainment corridors. This is the perfect property for an ambition investor to live and rent out. NO HOA. Opportunities combining this level of income, occupancy history, location, furnishings and lifestyle amenities rarely become available. Property is currently operated as an income property; buyer to independently verify zoning, permitted uses, unit configuration, rental income, expenses and all information material to buyer.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 3.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,106 | 1,961.945 |
| Lot Size | 10,019 | 6,098 |
| Price | $830.0K | $486.0K |
| Price per sq ft | $202 | $259 |
| Built year | 1984 | 2002 |
| HOA | $0 | $83 |
| Days on market | 23 | 62 |
Aug 17, 2026
$830,000
Initial Listing