2990 Ferndale Street, Las Vegas, NV 89121, Las Vegas, 89121 - 4 bed, 2 bath
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Las Vegas, NV 89121
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $385,000—positioned well below the $395,915 Fair Market Value by 2%. This valuation gap offers $10,915 in Instant Equity. Featuring a Condition Rating of 4, the home includes a Brand New HVAC System and a spacious lot with a Covered Patio. While the interior reflects a vintage aesthetic, the functional layout and lack of HOA fees make this an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2990 Ferndale Street Subject | $385,000* List Price | 4 | 2 | 1,702 | $229 | - |
A 4139 El Segundo Avenue Sold | $365,000 | 3 | 2 | 1,845 | $198 | 0.4 mi |
B 3256 Brentwood Street Sold | $370,000 | 3 | 2 | 1,790 | $207 | 0.9 mi |
C 3635 ROSEWOOD Drive Sold | $407,000 | 3 | 2 | 1,712 | $238 | 0.9 mi |
D 3635 Rosewood Drive Sold | $407,000 | 3 | 2 | 1,712 | $238 | 0.9 mi |
E 3960 Vegas Valley Drive Sold | $355,000 | 3 | 2 | 1,820 | $195 | 0.5 mi |
F 3776 Millwood Avenue Sold | $410,000 List Price | 4 | 3 | 1,740 | 0.7 mi | |
G 3386 El Camino Real Sold | $422,000 | 3 | 2 | 1,698 | $249 | 1.0 mi |
H 2876 Escuela Street Active | $384,900 List Price | 3 | 2 | 1,538 | $250 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home features a brand new AC system and is well-maintained, the property was built in 1963 and the interior finishes, specifically the kitchen cabinetry and tile flooring, appear dated (likely 20+ years old). It is move-in ready but requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1702.
The inclusion of a brand new air conditioning system is a significant value-add, ensuring immediate comfort and energy efficiency in the Las Vegas climate.
The absence of a homeowners association fee provides buyers with increased monthly affordability and greater freedom regarding property use and modifications.
Built in 1963, the home may require ongoing maintenance or future updates to its original plumbing and electrical systems compared to newer constructions.
The property utilizes a covered carport rather than a fully enclosed garage, which may be a concern for buyers prioritizing vehicle security and climate-protected storage.
BRAND NEW AC !!! Discover an exceptional living experience in this charming single story residence located in the vibrant city of Las Vegas. This home offers a harmonious blend of comfort and practicality, beginning with its welcoming arched entryway and well maintained facade, enhanced by a cheerful checkerboard patio. The interior showcases durable tile and ceramic tile flooring throughout, ensuring easy maintenance and a clean aesthetic in every room. With 4 bedrooms and 2 full bathrooms, this home provides ample space for relaxation and privacy. Each bedroom is thoughtfully designed with ceiling fans for optimal comfort and large windows, many featuring blinds for light control. The comfortable living room boasts abundant natural light, creating an inviting atmosphere for gatherings. The spacious kitchen and dining area are well equipped with light wood cabinetry, pristine countertops, a refrigerator, microwave, and range, all set against practical tiled flooring. Step outside to a private yard that features a spacious covered patio, ideal for outdoor living and relaxation. A dog run offers a dedicated space for pets, while a practical shed and covered carport provide excellent storage solutions and vehicle protection. This residence truly encompasses a lifestyle of ease and convenience in a desirable Las Vegas setting.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades PK-5 • 1.1 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,702 | - |
| Lot Size | 7,405 | - |
| Price | $385.0K | $474.8K |
| Price per sq ft | $226 | $257 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 47 | 526 |
Jun 5, 2026
$385,000
Initial Listing