2725 S Nellis Boulevard 1190, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 2 bath
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Las Vegas, NV 89121
This 1st Floor Corner Condo is a Prime Investment Opportunity, listed at $204,888—positioned well below the $310,384 Fair Market Value by 33%. This significant valuation gap provides $105,496 in Instant Equity. The unit is in Good Condition, featuring new vinyl plank flooring, fresh carpet, and a private patio. Residents benefit from a gated community with resort-style amenities including pools and a fitness center. This is an exceptional acquisition for Owner-Occupants seeking a turnkey home or Buy-and-Hold Investors targeting high-yield rental assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2725 S Nellis Boulevard 1190 Subject | $204,888* List Price | 2 | 2 | 1,029 | $302 | - |
A 2725 S Nellis Boulevard 2045 Sold | $207,000 List Price | 2 | 2 | 1,029 | 0.0 mi | |
B 2725 S NELLIS BL Boulevard 1188 Sold | $198,000 | 2 | 2 | 1,029 | $192 | 0.0 mi |
C 2725 S Nellis Boulevard 1188 Sold | $198,000 | 2 | 2 | 1,029 | $192 | 0.0 mi |
D 2725 S Nellis Boulevard 1188 Sold | $198,000 | 2 | 2 | 1,029 | $192 | 0.0 mi |
E 2725 S NELLIS BL Boulevard 1140 Sold | $178,888 | 2 | 2 | 1,029 | $174 | 0.1 mi |
F 2725 NELLIS Boulevard 1146 Sold | $192,987 | 2 | 2 | 1,029 | $188 | 0.1 mi |
G 2725 S Nellis Boulevard 2049 Active | $195,000 List Price | 2 | 2 | 1,029 | $190 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features recent cosmetic upgrades, including new vinyl plank flooring in the living areas and new carpeting in the bedrooms. Although built in 1994, the unit appears well-maintained with fresh paint, a clean interior, and functional amenities like a gas fireplace and in-unit laundry. It meets the 'good' criteria as a well-maintained home with minimal wear and tear that does not require immediate renovation.
As a first-floor corner unit, this property offers superior accessibility and increased natural light, providing a more private and open feel than standard interior units.
The inclusion of brand-new vinyl plank flooring and fresh carpeting in both bedrooms ensures a modern aesthetic and reduces immediate move-in expenses for the buyer.
The gated community provides exceptional value through resort-style features, including two swimming pools, a fitness center, tennis courts, and a dedicated dog run.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5282, other record lot size in square feet = 2162.
The assigned public schools for this location have ratings ranging from 3 to 4 out of 10, which may be a deterrent for families and impact future appreciation.
Built in 1994, the condo may soon require capital improvements for aging mechanical systems or building infrastructure that were not addressed in the recent cosmetic refresh.
Welcome to the bright and inviting 2BR 2BA condo located in a gated community. This 1st floor corner unit offers 1029 +/- sq ft of comfortable living space with abundant natural light. The spacious livingroom features new vinyl plank flooring and a cozy gas fireplace, creating a warm and welcoming atmosphere. both bedrooms include walk-in closets and are finished with new carpet for added comfort. The primary bedroom has an ensuite bathroom with two sinks and a walk-in shower. Enjoy outdoor living in your private patio with a locking storage closet. The home also includes in-unit washer and dryer, ample storage space, and one assigned covered parking spot. Residents enjoy access to community activities including; two swimming pools and hot tubs, a tennis court, a fitness center/gym, a large clubhouse, Parks with BBQs, and a fenced dog run, among other activities. This well-maintained condo offers convenience, comfort, and resort style living all in one. Price; $204,888.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,029 | 1,029 | 50% |
| Lot Size | 5,282 | 981 | 74% |
| Price | $204.9K | $178.9K | 82% |
| Price per sq ft | $199 | $176 | 74% |
| Built year | 1994 | 1994 | 50% |
| HOA | $245 | $198 | 82% |
| Days on market | 45 | 705 | 3% |
Mar 9, 2026
$204,888
Initial Listing
Nov 7, 1997
$78,000
Public Record