2451 North Rainbow Boulevard 1038, Las Vegas, NV 89108, Las Vegas, 89108 - 1 bed, 1 bath
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Las Vegas, NV 89108
This High-Potential Investment Opportunity is a turnkey Condominium listed at $189,900, positioned slightly above the $186,390 Fair Market Value. Despite the premium, the property offers immediate stability with a tenant in place through 2/2027. Featuring a Condition Rating of 2, the unit boasts a Remodeled Kitchen, Brand-New A/C, and modern plank flooring. With access to a Pool, Spa, and Fitness Center, this asset provides a reliable income stream for Buy-and-Hold Investors or a low-maintenance entry point for first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2451 North Rainbow Boulevard 1038 Subject | $189,900* List Price | 1 | 1 | 720 | $259 | - |
A 2451 N Rainbow Boulevard 2035 Active | $165,000 List Price | 1 | 1 | 720 | $229 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1988 build date, the property underwent a comprehensive renovation within the last year (<5 years). It features a fully upgraded kitchen with brand new cabinets, granite countertops, and stainless appliances, along with new flooring throughout and a recently installed HVAC system.
The unit features significant recent renovations, including brand new plank flooring, 6-inch baseboards, and a fully remodeled kitchen with granite countertops, new cabinets, and stainless steel appliances.
A brand new A/C unit has been recently installed, offering the buyer immediate peace of mind and energy efficiency, which is a critical value-add in the Las Vegas climate.
The gated community provides excellent amenities including a pool, spa, and fitness center, while the monthly fee conveniently covers essential utilities like water and sewer along with roof maintenance.
Built in 1988, the overall complex and its underlying systems are nearly 40 years old, which may lead to future assessments or maintenance issues beyond the renovated interior.
At 720 square feet with only one bedroom, the property offers a compact living environment that may limit its appeal to a smaller demographic of single occupants or couples.
OWNER FINANCING & RENT-TO-OWN AVAILABLE — skip the bank and own this fully renovated condo with flexible terms. Tenant in place through 2/2027 at $1,200/mo, so it's a turnkey income property now or a buy-now, move-in-later opportunity. Beautifully updated 1-bed, 1-bath ground-floor unit in a gated community: brand-new plank flooring, 6-inch baseboards, remodeled kitchen with new granite countertops, new cabinets, new stainless sink and new appliances, plus a BRAND-NEW A/C unit. Open layout with great natural light, a dining area, and a private balcony. Gated community with pool/spa, fitness center and clubhouse. HOA covers water, sewer, trash, roof, landscaping and management. Centrally located on the west side near US-95, shopping and dining. Investors and creative-finance buyers welcome — contact the listing agent for owner-financing details.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 720 | - |
| Lot Size | 8,320 | - |
| Price | $189.9K | $217.2K |
| Price per sq ft | $264 | $219 |
| Built year | 1988 | 0 |
| HOA | $222 | $0 |
| Days on market | 44 | 828 |
Jun 8, 2026
$189,900
Initial Listing