4200 S Valley View Boulevard 1019, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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Las Vegas, NV 89103
This Updated Resort-Style Condo is a strategic acquisition listed at $359,000—positioned below the $365,270 Fair Market Value by 2%. This valuation gap offers $6,270 in Instant Equity. Holding a Condition Rating of 3, the residence features new wooden flooring, granite countertops, and a private balcony with a Las Vegas Strip view. Located in a guard-gated community steps from the Palms and Rio, the property includes a tenant in place for immediate ROI. It is a premier choice for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4200 S Valley View Boulevard 1019 Subject | $359,000* List Price | 2 | 2 | 902 | $405 | - |
A 4200 S Valley View Boulevard 1007 Active | $379,900 List Price | 2 | 2 | 902 | $421 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained. It features significant updates including granite countertops in the kitchen and bathrooms, new wooden flooring in the bedrooms, and fresh two-tone paint. While the white appliances and cabinet styles are slightly dated, the overall condition meets the criteria for a functional, updated investment property with no immediate repairs required.
Ideally situated within walking distance of major casinos like the Palms and Rio, providing residents with immediate access to the Las Vegas Strip, Chinatown, and the I-15 freeway.
With a tenant already in place and 24-hour guard-gated security, this property offers a ready-made opportunity for investors seeking immediate rental income in a high-demand area.
This first-floor condo features modern updates including new wooden flooring and two-tone paint, plus a private balcony that offers sought-after views of the Las Vegas Strip.
The monthly HOA fee of $386 is relatively high for the square footage, which could impact the net cash flow for investors or the monthly budget for primary residents.
Built in 1990, the property may face upcoming maintenance requirements or capital improvements common in older complexes, potentially leading to future assessments.
RESORT STYLE 1ST FLOOR CONDO RIGHT BY THE STRIP, FEATURING 2 BEDS 2 FULL BATHS WITH BALCONY, THE CONDO UNIT HAS NEW WOODEN FLOORING IN ROOMS AND TILE IN COMMON AREAS. SPACIOUS LIVING ROOM, 2 TONES PAINT, THE UNIT IS RIGHT NEXT TO THE 2 POOLS AREA, THE BALCONY HAS STRIP VIEW. COMMUNITY HAS GYM, POOLS AND CLUB HOUSE. PRIME LOCATION IN SW. THE PROPERTY IS ACROSS FROM HOTEL RIO, NEXT TO PALMS CASINO BY WALKING DISTANCE, OPPOSITE TO GOLD COAST CASINO. GREAT INVESTMENT FOR INVESTOR, TENANT IN PLACE. SUPER SHORT DISTANCE TO THE NEW BUSY STREET MALLS AND DINING NEARBY, FEW MINS TO CHINA TOWN AND THE STRIP. EASY ACCESS TO I-15 FREEWAY. PROPERTY IS WITHIN 24 HOURS SECURITY GUARD GATED COMMUNITY.
No exterior & parking available.
Grades PK-5 • 1.7 mi
Grades 6-8 • 3.2 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 902 | 884 | 53% |
| Lot Size | 8,064 | 1 | 95% |
| Price | $359.0K | $158.5K | 99% |
| Price per sq ft | $398 | $195 | 99% |
| Built year | 1990 | 1983 | 75% |
| HOA | $386 | $188 | 98% |
| Days on market | 73 | 1176 | 2% |
Feb 8, 2026
$359,000
Initial Listing