
Las Vegas, NV 89121
This property presents a High-Potential Investment Opportunity with a List Price of $385,000—positioned well below the $397,696 Fair Market Value by 3%. This valuation gap offers $12,696 in Instant Equity for buyers. Featuring a Fair Condition Rating and a 3-car attached garage, the home requires comprehensive rehabilitation, including pool and exterior repairs. The expansive 9,583 sqft lot provides significant value-add potential. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with immediate equity upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3685 Edison Avenue Subject | $385,000* List Price | 6 | 2 | 1,488 | $267 | - |
A 3382 Berwyck Street Sold | $442,500 | 4 | 2 | 1,608 | $275 | 0.4 mi |
B 4312 Chrysalis Drive Sold | $380,000 | 4 | 2 | 1,284 | $296 | 0.9 mi |
C 3822 Don Carlos Drive Sold | $425,000 | 4 | 2 | 1,988 | $214 | 0.5 mi |
D 3091 Oxford Lane Active | $390,000 List Price | 4 | 2 | 1,550 | $252 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 (54 years old) with no evidence of recent renovations. The property is a HUD 'as-is' sale featuring an empty pool, significant driveway cracking, and dated exterior systems, indicating a clear need for comprehensive rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1488.
The rare inclusion of a 3-car attached garage for a home of this size provides significant added value for car enthusiasts, hobbyists, or those needing extra storage.
The property sits on a generous 9,583 sqft lot featuring a private pool and patio, offering a desirable desert oasis layout that is highly sought after in the Las Vegas market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
Sold as a HUD 'as-is' property, the home likely requires immediate investment in repairs or modernization, which may complicate traditional financing for some buyers.
The assigned middle and high schools have low performance ratings (2 and 3 respectively), which could limit the property's appeal to families prioritizing education.
NICE 3 BEDROOM RANCH WITH 2 CAR ATTACHED GARAGE, PATIO WITH INGROUND POOL, CONCRETE WALLS. WALKING DISTANCE TO THE ELEMENTARY SCHOOL. RV PARKING AVAILABLE ON PROPERTY. HUD HOMES SOLD AS IS. FHA #332-444994 FHA INSURABILITY CODE IN. SHOW ANYTIME. NEW HOMES EACH DAY OWNERSHIP U. S. Dept of HUD. SUBJECT TO AN APPRAISAL.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,488 | - |
| Lot Size | 9,583 | - |
| Price | $385.0K | $474.8K |
| Price per sq ft | $259 | $257 |
| Built year | 1970 | 0 |
| HOA | $0 | $0 |
| Days on market | 22 | 526 |
Jun 30, 2026
$385,000
Initial Listing