5000 Red Rock Street 202, Las Vegas, NV 89118, Las Vegas, 89118 - 2 bed, 2 bath
5000 Red Rock Street 202
Las Vegas, NV 89118
Property Price
SUMMARY
Analysis of 5000 Red Rock Street 202, Las Vegas, NV 89118 is currently available with a list price of $229,900. 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 1991, this property is over 30 years old and appears to be in mostly original condition. While the layout is functional and the unit is move-in ready, the kitchen and bathrooms show signs of being outdated with older cabinetry and standard fixtures. It fits the 'fair' criteria as a well-maintained but aged home that has not undergone a full modern renovation, likely requiring cosmetic updates to meet current aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in the 89118 zip code, this property offers exceptional proximity to the Las Vegas Strip and major highways, making it a highly desirable spot for commuters and urban professionals.
- Functional Open Layout
The unit features an 'amazing' floor plan with a large living space that flows seamlessly into the kitchen, maximizing the 989 square feet for a spacious and airy feel.
- Educational Accessibility
The property is located just 0.24 miles from Helen Jydstrup Elementary School, providing convenient walking-distance access for families with young children.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5778, other record lot size in square feet = 2304.
- Property Age
Built in 1991, the condominium may require updates to major systems or cosmetic refreshments to meet the aesthetic standards of modern buyers.
- Recurring HOA Costs
The monthly association fee of $295 adds a significant fixed cost to the monthly budget, which may impact the overall affordability for entry-level purchasers.
About 5000 Red Rock Street 202
STUNNING COMMUNITY FANTASTIC LOCATION!! DON'T WAIT TO COME VIEW. LARGE LIVING SPACE THAT OPENS UP TO LOVELY KITCHEN. THE LAYOUT OF THIS PROPERTY IS JUST AMAZING!! LARGE PRIMARY WITH GREAT SIZE CLOSET AND LOVELY BATH!! WILL HAVE NEW PICTURES UP SHORTLY!…
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1991
- Lot Size
- 5,778 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $295 / Month
Neighborhood Insights
Las Vegas Unified Schools
Helen Jydstrup Elementary School
Grades PK-5 • 0.2 mi
Grant Sawyer Middle School
Grades 6-8 • 1.0 mi
Durango High School
Grades 9-12 • 1.4 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 | 989 | 1,053 | 43% |
| Lot Size | 5,778 | - | 74% |
| Price | $229.9K | $172.0K | 66% |
| Price per sq ft | $232 | $196 | 75% |
| Built year | 1991 | 1994 | 21% |
| HOA | $295 | $221 | 80% |
| Days on market | 31 | 570 | 1% |
Pricing History
Listed for Sale
Feb 4, 2026
$229,900
Initial Listing