4600 Paradise Road 17, Las Vegas, NV 89169, Las Vegas, 89169 - 0 bed, 1 bath
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Las Vegas, NV 89169
This property presents a High-Potential Investment Opportunity with a List Price of $103,000—positioned well below the $105,192 Fair Market Value by 2%. This valuation gap offers $2,192 in Instant Equity for buyers. Featuring a Poor Condition Rating due to its 1977 vintage, the unit requires a full interior rehab to modernize its 416 sqft footprint. Its proximity to UNLV ensures strong rental demand, making this a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4600 Paradise Road 17 Subject | $103,000* List Price | 0 | 1 | 416 | $253 | - |
A 4600 Paradise Road 43 Active | $119,900 List Price | 1 | 1 | 416 | $288 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 (49 years old) with no mentioned renovations, this property falls into the poor category based on age (>30y). The exterior shows a dated wall-mounted AC unit and original security bars, suggesting that the kitchen, bath, and internal systems likely require a full rehab to meet modern standards.
Situated near UNLV and major shopping hubs, this property offers high rental potential and convenience for students or university staff.
With a list price of $103,000, this condo represents an excellent low-barrier entry point for first-time investors or buyers seeking a budget-friendly residence.
The first-floor location provides easy access and eliminates the need for stairs, appealing to a wider range of tenants and enhancing daily convenience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3364, other record lot size in square feet = 480.
At only 416 square feet, the studio layout offers very restricted living and storage space, which may limit long-term occupancy appeal.
Built in 1977, the property may require modernization or face higher maintenance needs compared to newer developments in the Las Vegas market.
Quaint studio condo located on the first floor. Near UNLV, shopping and amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 416 | - |
| Lot Size | 3,364 | - |
| Price | $103.0K | $217.2K |
| Price per sq ft | $248 | $219 |
| Built year | 1977 | 0 |
| HOA | $199 | $0 |
| Days on market | 19 | 828 |
Jul 3, 2026
$103,000
Initial Listing