
Las Vegas, NV 89103
This High-Potential Investment Opportunity is listed at a List Price of $148,800, which aligns with its $148,800 Fair Market Value, offering a stable entry point in a high-demand area. Featuring a Condition Rating of 2 due to comprehensive November 2024 renovations, this unit includes new flooring, cabinetry, and appliances. Its strategic location near the Las Vegas Strip and Chinatown ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, low-maintenance asset with immediate accessibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3632 Di Salvo Drive 56 Subject | $148,800* List Price | 1 | 1 | 585 | $254 | - |
A 3923 Gogo Way 106 Active | $168,000 List Price | 1 | 1 | 585 | $287 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1984, the unit underwent a comprehensive renovation in November 2024, including new flooring, updated kitchen cabinetry, new appliances, and a new bathroom vanity, meeting the criteria for a renovation less than 5 years old.
Situated near the Las Vegas Strip and Chinatown, this property offers high desirability for both tenants and owners seeking proximity to major employment and entertainment hubs.
The unit features new flooring installed in late 2024 along with updated kitchen cabinetry, appliances, and a new bathroom vanity, reducing immediate capital expenditure for the buyer.
As a first-floor end unit with assigned covered parking directly in front, it provides superior accessibility, natural shade for energy efficiency, and added privacy compared to interior units.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5051, other record lot size in square feet = 2116.
The property is tenant-occupied through January 2027, which may complicate traditional financing for owner-occupants and limits immediate possession.
With over 60 days on the market and four consecutive price reductions, the property has struggled to gain traction, suggesting initial overvaluation or specific buyer resistance.
POSSIBILITIES & PRIME LOCATION! Gated condo near the Las Vegas Strip and Chinatown on the desirable west side. This spacious 1-bedroom, 1-bath first-floor end unit offers great layout, natural shade for lower energy costs, and added security on doors/windows. Features include a large walk-in closet, large pantry for storage, updated kitchen cabinetry/ appliances/ bath vanity and new flooring (Nov 2024). Unit comes with stackable washer/dryer and all kitchen appliances. Assigned covered parking is directly in front, plus ample guest parking. HOA covers water, sewer, trash, exterior pest control, pool, and community amenities including BBQ and clubhouse. Tenant-occupied through 01/31/2027—ideal for investors, but tenant is open to vacate for owner-occupant.
No exterior & parking available.
Grades PK-5 • 1.4 mi
Grades 6-8 • 3.4 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 42% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 585 | 877 | 9% |
| Lot Size | 5,051 | - | 78% |
| Price | $148.8K | $155.0K | 42% |
| Price per sq ft | $254 | $194 | 91% |
| Built year | 1984 | 1982 | 54% |
| HOA | $291 | $190 | 91% |
| Days on market | 82 | 1396 | 1% |
May 25, 2026
$148,800
$158,900
-6% Price Drop
Initial Listing
Apr 20, 2026
$158,900
$164,900
-4% Price Drop
Initial Listing
Apr 1, 2026
$164,900
$169,900
-3% Price Drop
Initial Listing
Mar 24, 2026
$169,900
Initial Listing