
Las Vegas, NV 89169
This centrally located Value-Add Condominium is a Strong Value Opportunity, listed at $105,000—positioned well below the $113,028 Fair Market Value by 7%. This valuation gap offers $8,028 in Instant Equity for buyers. While the unit maintains a Fair Condition Rating with updated vinyl flooring, it requires kitchen and bathroom modernization to reach its full appreciation potential. Featuring a Community Pool and proximity to the Las Vegas Strip and UNLV, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to build wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3720 S Royal Crest Circle 6 Subject | $105,000* List Price | 1 | 1 | 816 | $129 | - |
A 565 S Royal Crest Circle 19 Sold | $101,500 | 2 | 1 | 816 | $124 | 0.1 mi |
B 565 ROYAL CREST Circle 19 Sold | $101,500 | 2 | 1 | 816 | $124 | 0.1 mi |
C 575 S Royal Crest Circle 26 Sold | $103,000 | 1 | 1 | 624 | $165 | 0.1 mi |
D 565 ROYAL CREST Circle 19 Sold | $101,500 | 2 | 2 | 816 | $124 | 0.1 mi |
E 575 S Royal Crest Circle 26 Sold | $103,000 | 1 | 1 | 624 | $165 | 0.1 mi |
F 575 S Royal Crest Circle 26 Sold | $103,000 | 1 | 1 | 624 | $165 | 0.1 mi |
G 585 S Royal Crest Circle 7 Active | $129,990 List Price | 2 | 1 | 816 | $159 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property is in fair condition, showing significant signs of age despite basic maintenance. While the flooring has been updated to modern vinyl plank, the kitchen features dated wood cabinetry with visible wear and older white appliances. The bathroom maintains a utilitarian feel with painted cinder block walls and basic fixtures. The unit is functional and move-in ready for a budget-conscious buyer or investor, but requires modernization of the kitchen, bathroom, and climate control systems to meet current market standards.
The property is ideally situated minutes from the Las Vegas Strip, UNLV, and Harry Reid International Airport, offering unparalleled access to major employment hubs and world-class entertainment.
With a competitive entry-level price point and strong rental demand in the area, this unit presents an excellent opportunity for investors seeking cash flow or a student-friendly rental.
The relatively low monthly HOA fee of $240 enhances the property's affordability and improves net operating income for potential landlords.
Built in 1963, the property may require more frequent maintenance or updates to older systems compared to newer condominium developments in the valley.
The lack of in-unit laundry facilities and the reliance on community laundry may be a drawback for modern tenants who prioritize convenience.
1 of 4 available units ideally located just moments from the vibrant energy of the Las Vegas Strip, the cutting-edge MSG Sphere, University of Nevada, Las Vegas, and Harry Reid International Airport, this centrally positioned 1-bedroom, 1-bath condo offers unbeatable convenience in the heart of it all. Whether you're seeking a low- maintenance primary residence, a student-friendly option near campus, or a smart investment opportunity, this property checks the boxes. The community features a refreshing pool, on-site laundry facilities, and a low HOA—making ownership simple and cost-effective. With strong rental demand, continued area growth, and close proximity to world-class dining, entertainment, and major employers, this is an excellent opportunity to secure property in one of the country’s most dynamic markets. Now ready for its next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 816 | 816 | 50% |
| Lot Size | 8,190 | 863 | 74% |
| Price | $105.0K | $130.0K | 30% |
| Price per sq ft | $129 | $186 | 23% |
| Built year | 1963 | 1973 | 21% |
| HOA | $240 | $234 | 51% |
| Days on market | 89 | 698 | 2% |
Mar 16, 2026
$105,000
Initial Listing