2451 N Rainbow Boulevard 2048, Las Vegas, NV 89108, Las Vegas, 89108 - 1 bed, 1 bath
2451 N Rainbow Boulevard 2048
Las Vegas, NV 89108
Property Price
SUMMARY
Analysis of 2451 N Rainbow Boulevard 2048, Las Vegas, NV 89108 is currently available with a list price of $165,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1988, the property is in mostly original condition with dated features including oak cabinetry, laminate countertops, and older white appliances. The interior shows visible wear on the carpets and requires cosmetic updates and 'decorating skills' as noted in the listing, though the unit remains functional and habitable.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Community Amenities
Located within a gated community, residents have access to desirable shared features including a swimming pool, clubhouse, and dedicated pet areas.
- Prime Urban Accessibility
The property is ideally situated near major shopping centers, diverse dining options, and public transportation, offering high convenience for daily errands.
- Investment Potential
Priced competitively at $165,000, this unit serves as an excellent 'blank canvas' for investors or first-time buyers looking to build equity through cosmetic renovations.
CONSRISKS & DEFICIENCIES
- Requires Cosmetic Updates
The listing indicates the unit 'awaits your decorating skills,' suggesting the interior may be dated and require immediate investment in flooring, paint, or fixtures.
- Aging Infrastructure
Built in 1988, the property may feature older mechanical systems and building materials that could necessitate higher long-term maintenance costs compared to newer builds.
About 2451 N Rainbow Boulevard 2048
Don't miss out on the 2nd floor unit that awaits your decorating skills. The location of the complex offers close by shopping, public transportation, food vendors and more. Pool, clubhouse and pet areas also available in this gated community
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 2,500 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $256 / Month
Neighborhood Insights
Las Vegas Unified Schools
Lilly & Wing Fong Elementary School
Grades PK-5 • 0.5 mi
Irwin & Susan Molasky Junior High School
Grades 6-8 • 2.1 mi
Cimarron Memorial High School
Grades 9-12 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 9% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 720 | 1,049 | 9% |
| Lot Size | 2,500 | 945 | 61% |
| Price | $165.0K | $189.9K | 35% |
| Price per sq ft | $229 | $185 | 82% |
| Built year | 1988 | 1995 | 26% |
| HOA | $256 | $208 | 79% |
| Days on market | 87 | 725 | 8% |
Pricing History
Listed for Sale
Dec 10, 2025
$165,000
Initial Listing