3693 Hilo Avenue, Las Vegas, NV 89104, Las Vegas, 89104 - 3 bed, 1 bath
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Las Vegas, NV 89104
This Value-Add Residential Asset is listed at $250,000, offering a rare entry-level opportunity within the Las Vegas market. Although positioned above the $217,866 Fair Market Value, the property provides immediate utility through significant capital improvements, including a new roof, solar panels, and water filtration. The Condition Rating of 4 highlights a functional interior that invites cosmetic modernization. Located near Oran K Gragson Elementary, the property features a 6,098 sqft lot with an extended carport and backyard vehicle access. This is a strategic 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 |
|---|---|---|---|---|---|---|
★ 3693 Hilo Avenue Subject | $250,000* List Price | 3 | 1 | 961 | $227 | - |
A 4361 Sun Vista Drive Sold | $299,998 List Price | 3 | 2 | 1,247 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the property is in functional condition but shows signs of age and deferred cosmetic maintenance. While it benefits from high-value functional upgrades like a new roof and solar panels, the interior requires updates; specifically, the kitchen features mismatched appliances and incomplete cabinetry. The flooring has been partially updated with wood-look tile, but the overall aesthetic and the unlandscaped backyard indicate the home needs minor repairs and modernization to meet current market standards.
Priced competitively at $250,000, this property represents a rare entry-level opportunity in the Las Vegas market, ideal for investors or first-time buyers looking for equity upside.
The home features a brand-new roof and solar panels, providing immediate peace of mind and long-term utility savings while reducing the need for near-term major repairs.
The extended carport and wide side pass-through allow for backyard vehicle access, making it perfect for storing work trucks, trailers, or recreational toys on the 6,000+ sqft lot.
With only 961 square feet of living space and a single bathroom serving three bedrooms, the layout may feel cramped for growing families or those accustomed to modern floor plans.
Built in 1962, the home may require updates to aging systems, and the proximity to lower-rated secondary schools (rating 1-3) may be a consideration for families with children.
Rare opportunity at this price point! Ideal for investors or first-time buyers seeking value, space, and upside. This single-story home features an extended carport and a wide side pass-through with vehicle access to the backyard, perfect for multiple vehicles, work trucks, trailers, or recreational toys. The large backyard offers excellent potential for parking, storage, or future improvements. Includes a water filtration system, a new roof, solar, and is just 1 minute from highway access, making commuting quick and convenient. A strong value opportunity with flexible use and convenient proximity to major routes.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 0.9 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 961 | 1,591.5 | 4% |
| Lot Size | 6,098 | 6,970 | 31% |
| Price | $250.0K | $352.0K | 33% |
| Price per sq ft | $260 | $222 | 72% |
| Built year | 1962 | 1959 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 349 | 6% |
Jan 30, 2026
$250,000
Initial Listing