2451 N Rainbow Boulevard 1019, Las Vegas, NV 89108, Las Vegas, 89108 - 1 bed, 1 bath
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Las Vegas, NV 89108
This Move-In Ready Condominium is a Prime Investment Opportunity listed at $159,000—positioned well below the $163,280 Fair Market Value by 2%. This valuation gap offers $4,280 in Instant Equity for buyers. Boasting a Condition Rating of 3, the unit features modern white shaker cabinets, new carpeting, and a private patio. Residents benefit from Alondra’s sparkling pool and proximity to the well-rated Lilly & Wing Fong Elementary. This turnkey asset is ideal for first-time buyers or Buy-and-Hold Investors seeking a stable Las Vegas acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2451 N Rainbow Boulevard 1019 Subject | $149,000* List Price | 1 | 1 | 720 | $174 | - |
A 2700 N Rainbow Boulevard 1137 Sold | $150,000 | 2 | 2 | 997 | $150 | 0.3 mi |
B 2700 N RAINBOW BL Boulevard 1137 Sold | $150,000 | 2 | 2 | 997 | $150 | 0.3 mi |
C 2700 N RAINBOW Boulevard 1137 Sold | $150,000 | 2 | 3 | 997 | $150 | 0.3 mi |
D 2801 N Rainbow Boulevard 118 Sold | $171,500 | 2 | 2 | 944 | $182 | 0.5 mi |
E 2801 N RAINBOW Boulevard 118 Sold | $171,500 | 2 | 2 | 944 | $182 | 0.5 mi |
F 2451 N Rainbow Boulevard 1051 Active | $185,000 List Price | 1 | 1 | 720 | $257 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with clear evidence of recent aesthetic updates. Although built in 1988, the interior features modern white shaker-style kitchen cabinets with contemporary black hardware, updated appliances, and a refreshed bathroom with a new vanity and light fixture. The unit also boasts new carpeting, fresh neutral paint, and wood-look flooring in wet areas, effectively neutralizing its age and meeting current market standards.
Priced at $159,000, this condo offers an exceptionally affordable entry point for first-time homebuyers or investors seeking a turnkey asset in the Las Vegas market.
The unit is well-maintained with an open floor plan and ample natural light, allowing for immediate occupancy without the need for initial capital improvements.
Residents benefit from the Alondra community's well-kept grounds and sparkling pool, providing a desirable lifestyle and added value for future resale.
Built in 1988, the property may require more frequent maintenance or future updates to major systems compared to newer residential developments.
With only 720 square feet and a single bedroom, the property’s appeal is restricted to a smaller demographic, such as individuals or couples, limiting the potential buyer pool.
Welcome to Alondra, a charming community featuring a sparkling pool and well-kept grounds. This inviting 1-bedroom, 1-bath condo is move-in ready and perfect as a first home, downsizing option, or investment property. Inside, you’ll find a comfortable layout with natural light and an open flow between the living and dining areas. The kitchen offers ample storage and counter space, while the bedroom provides a relaxing retreat. With a convenient location near shopping, dining, and freeway access, this condo blends comfort, convenience, and community living.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 6% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 720 | 1,056 | 6% |
| Lot Size | 8,320 | - | 90% |
| Price | $149.0K | $185.0K | 30% |
| Price per sq ft | $207 | $176 | 71% |
| Built year | 1988 | 1995 | 26% |
| HOA | $256 | $200 | 85% |
| Days on market | 71 | 1459 | 1% |
Apr 14, 2026
$149,000
$159,000
-6% Price Drop
Initial Listing
Feb 11, 2026
$159,000
Initial Listing