417 Lorenzi Street, Las Vegas, NV 89107, Las Vegas, 89107 - 4 bed, 4 bath
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Las Vegas, NV 89107
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well above the $224,949 Fair Market Value by -66%. While the pricing reflects a premium, the 4-bedroom, 4-bathroom configuration and No HOA status provide significant utility for rental yield. Given the Condition Rating of 5, the home requires a full interior rehab to address aging infrastructure. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive value-add renovation strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 417 Lorenzi Street Subject | $375,000* List Price | 4 | 4 | 1,836 | $123 | - |
A 6717 Rexburg Circle Sold | $420,000 | 3 | 3 | 1,893 | $222 | 0.1 mi |
B 6324 Fairwood Avenue Sold | $389,000 List Price | 4 | 3 | 1,922 | 0.6 mi | |
C 6304 Parsifal Place Sold | $287,101 | 3 | 2 | 1,663 | $173 | 1.0 mi |
D 308 Duke Circle Sold | $315,000 | 4 | 3 | 1,614 | $195 | 0.8 mi |
E 6225 Arlington Avenue Sold | $365,000 | 3 | 3 | 1,922 | $190 | 0.7 mi |
F 6629 Alta Drive Active | $385,000 List Price | 4 | 3 | 1,699 | $227 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1974 (50+ years old) with no evidence of modern renovations. The listing is marketed as an 'Investment opportunity' sold 'As Is,' and photos show original dated bathrooms and significant interior clutter, indicating a need for a full rehab.
The rare 4-bedroom, 4-bathroom layout provides exceptional utility for multi-generational families or investors looking to maximize rental yield in a high-demand area.
The absence of a Homeowners Association offers owners complete freedom over their property and eliminates monthly fees, significantly lowering the total cost of ownership.
Situated on a generous 6,970 square foot lot, this property presents a significant opportunity for investors to build equity through strategic renovations and modernization.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is sold in 'As-Is' condition, which implies that the buyer should budget for immediate repairs and potential deferred maintenance issues.
Built in 1974, the home likely requires updates to major systems such as plumbing, electrical, and HVAC to meet modern efficiency and safety standards.
Investment opportunity of a 4-bedroom, 4-bath home and no HOA. Sold As Is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 1,836 | 1,663 | 62% |
| Lot Size | 6,970 | 6,534 | 54% |
| Price | $375.0K | $360.0K | 54% |
| Price per sq ft | $204 | $212 | 43% |
| Built year | 1974 | 1963 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 282 | 1% |
May 17, 2026
$375,000
Initial Listing