4914 Larkspur Street, Las Vegas, NV 89120, Las Vegas, 89120 - 3 bed, 2 bath
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Las Vegas, NV 89120
This Income-Generating Townhouse Asset is listed at $199,999, representing a stable entry-level acquisition relative to its $182,007 Fair Market Value. The property features a rare attached two-car garage, a private patio, and a Condition Rating of 4, indicating functional but dated finishes with significant value-add potential. Located 10 minutes from the Las Vegas Strip and within walking distance of J M Ullom Elementary, the site offers high rental appeal. With a tenant lease in place until November 2026, this is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4914 Larkspur Street Subject | $199,999* List Price | 3 | 2 | 1,010 | $180 | - |
A 4952 Larkspur Street Active | $250,000 List Price | 3 | 2 | 1,010 | $248 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1971, appears to be in functional condition but is significantly outdated. Interior photos reveal popcorn ceilings, older brown carpeting, and basic laminate countertops with dated fixtures in the bathrooms. While the listing describes the home as well-maintained and it is currently tenant-occupied, the lack of modern renovations to the kitchen and bathrooms, combined with visible wear on the exterior siding, aligns with the 'fair' condition category.
The property is ideally situated just 10 minutes from the Las Vegas Strip and Harry Reid International Airport, offering excellent proximity to major employment and entertainment hubs.
Unlike many townhomes in this price bracket, this unit features an attached two-car garage, providing significant added value, security, and storage space.
The community offers desirable amenities including a pool and play area with a relatively low association fee, making it an attractive option for those seeking a turnkey living experience.
With a tenant lease in place until November 2026, this property is restricted to investors and is not an option for traditional buyers looking for a primary residence in the near term.
The assigned public schools for this address have low ratings, which may limit the property's appeal to families and impact long-term appreciation potential.
This three bedroom Townhouse, LOW MAINT TWNHS IN NICE COMMUNITY JUST OFF TROP * COM POOL & PLAY AREA FOR KIDS * THIS HOME IS WELL TAKEN CARE OF* ATCHD 2 CAR GARAGE WITH BEAUTIFUL CVRD PATIO * EASY ENTRY HWY95, 10 MIN TO STRIP & AIRP * Currently has a tenant with a lease ending in November 2026.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.6 mi
Grades PK-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,010 | 1,440 | 12% |
| Lot Size | 1,307 | 1,742 | 41% |
| Price | $200.0K | $275.0K | 29% |
| Price per sq ft | $198 | $190 | 71% |
| Built year | 1971 | 1973 | 6% |
| HOA | $155 | $220 | 29% |
| Days on market | 69 | 311 | 6% |
Apr 7, 2026
$199,999
Initial Listing