4421 Alexis Drive 436, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
4421 Alexis Drive 436
Las Vegas, NV 89103
Property Price
SUMMARY
Analysis of 4421 Alexis Drive 436, Las Vegas, NV 89103 is currently available with a list price of $199,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1982, this property is over 40 years old and is described as having a functional layout and being well-maintained, which aligns with the 'fair' condition criteria. While the unit is move-in ready for a tenant, the age of the structure and the lack of mention regarding recent high-end renovations suggest that the kitchen, bathrooms, and major systems are likely aged and show signs of being outdated compared to modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment Opportunity
The property is currently tenant-occupied through April 2026, providing immediate rental income and a guaranteed cash-flow stream for investors without the need for initial tenant sourcing.
- Comprehensive Community Amenities
Situated in the gated Bella Vita community, the unit offers access to premium amenities including multiple pools and fitness centers, which enhances tenant satisfaction and long-term property value.
- Prime Educational Proximity
The condo is located less than 0.2 miles from a well-rated elementary school, making it a highly desirable location for families and ensuring strong rental demand in the local market.
CONSRISKS & DEFICIENCIES
- Restricted Buyer Pool
The property is strictly limited to investors as owner-occupant buyers will not be considered, significantly narrowing the potential market and potentially extending the time on market.
- Deferred Possession and Control
With a lease commitment extending until mid-2026, new owners lack the flexibility to adjust rental rates to market value or perform major renovations for nearly two years.
About 4421 Alexis Drive 436
Located in the desirable gated-community of Bella Vita, this 2 bedroom, 2-bathroom condo sits on the 2nd floor and offers a comfortable living space in a well-maintained complex. The unit features a functional layout, ample natural light with an outdoor patio area, and access to community amenities including pools, fitness centers, and more. PLEASE NOTE: This property is tenant-occupied through April 30, 2026. ----- Ideal for investors seeking immediate rental income with reliable tenant in place. Owner-occupant buyers will not be considered at this time. Schedule a viewing today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $302 / Month
Neighborhood Insights
Las Vegas Unified Schools
Joseph E Thiriot Elementary School
Grades PK-5 • 0.2 mi
Kenny C Guinn Middle School
Grades 6-8 • 0.9 mi
Grant Sawyer Middle School
Grades 6-8 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 978 | 884 | 57% |
| Lot Size | - | 100 | 47% |
| Price | $199.0K | $157.0K | 73% |
| Price per sq ft | $203 | $197 | 59% |
| Built year | 1982 | 1984 | 42% |
| HOA | $302 | $195 | 92% |
| Days on market | 255 | 655 | 39% |
Pricing History
Listed for Sale
Jun 25, 2025
$199,000
Initial Listing