
Las Vegas, NV 89104
This Value-Add Residential Asset is listed at $375,000, representing a stable entry point at its $375,000 Fair Market Value. Currently holding a Fair Condition Rating, the property offers significant upside for forced appreciation through interior modernization. Key features include a massive 7,405 sqft lot, leased solar, and a converted garage for expanded living space, all with the benefit of No HOA fees. Situated on a private, closed street near Cyril Wengert Elementary, it offers a rare blend of seclusion and urban access. This is an ideal project for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4939 Yuma Avenue Subject | $375,000* List Price | 3 | 2 | 1,056 | $355 | - |
A 4811 E Colorado Avenue Sold | $430,000 | 3 | 2 | 1,415 | $304 | 0.2 mi |
B 4746 Yuma Avenue Sold | $375,000 | 3 | 2 | 1,440 | $260 | 0.3 mi |
C 4906 E Chicago Avenue Sold | $355,000 | 3 | 2 | 1,138 | $312 | 0.3 mi |
D 4488 Sun Vista Drive Pending | $360,000 List Price | 3 | 2 | 1,344 | $268 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this property is nearly 50 years old and is marketed as having 'great potential,' which typically indicates a need for interior modernization. While the exterior appears to be maintained with functional systems like leased solar, the age of the home and the lack of interior photos suggest that the kitchen, bathrooms, and flooring are likely outdated or original. It fits the 'fair' category as an aged but functional home requiring minor to moderate updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1056.
Situated on a closed street with no through traffic, this property offers a quiet residential setting while maintaining excellent proximity to I-15, dining, and retail.
The absence of a Homeowners Association provides homeowners with greater freedom and eliminates monthly fees, increasing overall affordability.
The garage has been converted into living space, which may be a disadvantage for buyers requiring traditional covered parking or secure storage.
The property includes leased solar panels, which requires the buyer to assume a long-term financial obligation and may complicate the financing process.
Great potential with this well-located 1-story with large backyard in a neighborhood of 1-story homes. No HOA; closed street with no through traffic and easy access to I-15, dining, retail and daily amenities. 3/2 with leased solar; extra wide driveway with lots of parking; converted garage and carport.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 0.8 mi
Grades PK-5 • 1.1 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 | 1,056 | 1,591.5 | 6% |
| Lot Size | 7,405 | 6,970 | 52% |
| Price | $375.0K | $353.5K | 59% |
| Price per sq ft | $355 | $222 | 99% |
| Built year | 1975 | 1959 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 203 | 349 | 36% |
Oct 1, 2025
$375,000
Initial Listing