3980 Palos Verdes Street, Las Vegas, NV 89119, Las Vegas, 89119 - 1 bed, 1 bath
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Las Vegas, NV 89119
This Entry-Level Residential Asset is a Prime Investment Opportunity with a List Price of $130,000—positioned well below the $133,900 Fair Market Value by 2%. This valuation gap offers $3,900 in Instant Equity for incoming buyers. Maintaining a Condition Rating of 4, the interior features durable tile and laminate flooring and updated cabinetry. Its proximity to the Las Vegas Strip ensures high rental demand, effectively balancing the $395 association fee. 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 |
|---|---|---|---|---|---|---|
★ 3980 Palos Verdes Street Subject | $130,000* List Price | 1 | 1 | 528 | $254 | - |
A 3908 Palos Verdes Street Active | $143,000 List Price | 1 | 1 | 528 | $271 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is aged but has been maintained with some cosmetic updates including laminate and tile flooring and updated cabinetry. While the description notes it is move-in ready, the visible laundry area and exterior features show significant age and dated aesthetics, fitting the criteria for a property that is functional but shows signs of being outdated.
The property is situated just minutes from the Las Vegas Strip, offering unparalleled access to world-class dining, entertainment, and major employment hubs.
Featuring a combination of tile and laminate flooring along with updated cabinetry, the home is designed for durability and easy upkeep, perfect for a rental or a busy professional.
At a price point of $130,000, this property serves as an excellent entry-level investment or affordable housing option in a high-demand metropolitan area.
The monthly association fee of $395 is relatively high for a 528-square-foot unit, which may impact the net ROI for investors and monthly affordability for buyers.
The assigned public schools have low ratings (2-3 out of 10), which could limit the property's appeal to families and potentially affect long-term resale value.
This elegant home offers a premium location just minutes from the Las Vegas Strip, making it an ideal choice for those seeking both convenience and style. The interior features a seamless flow of paint and sophisticated cabinetry, complemented by easy-to-maintain tile and laminate flooring throughout. With on-site laundry facilities and a well-maintained neighborhood setting, this property is perfectly positioned near top-tier shopping, diverse dining options, and essential healthcare facilities.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 13% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 528 | 1,405 | 6% |
| Lot Size | 1,307 | 1,742 | 44% |
| Price | $130.0K | $176.5K | 44% |
| Price per sq ft | $246 | $158 | 81% |
| Built year | 1972 | 1980 | 31% |
| HOA | $395 | $210 | 81% |
| Days on market | 7 | 607 | 6% |
Apr 15, 2026
$130,000
Initial Listing