5054 S Rainbow Boulevard 104, Las Vegas, NV 89118, Las Vegas, 89118 - 1 bed, 1 bath
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Las Vegas, NV 89118
This Spacious 1-Bedroom Condominium is listed at $177,000, offering a competitive entry point into the Southwest Las Vegas market relative to its $164,793 Fair Market Value. Maintaining a Fair Condition Rating, the residence features premium interior upgrades including Granite Countertops, wood-look laminate flooring, and soaring 9-Foot Ceilings that maximize natural light. The functional floor plan is distinguished by Two Private Balconies and a cozy gas fireplace. Located within a gated community steps from Marion B Earl Elementary, this home is ideally suited for first-time buyers or Owner-Occupants seeking a turnkey lifestyle with resort-style amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5054 S Rainbow Boulevard 104 Subject | $153,000* List Price | 1 | 1 | 841 | $181 | - |
A 5072 S Rainbow Boulevard 104 Sold | $184,500 | 1 | 1 | 841 | $219 | 0.1 mi |
B 5024 RAINBOW Boulevard 201 Sold | $128,000 List Price | 1 | 1 | 907 | 0.1 mi | |
C 5022 S Rainbow Boulevard 203 Sold | $194,500 | 2 | 1 | 949 | $205 | 0.1 mi |
D 5250 S RAINBOW Boulevard 2156 Sold | $139,900 List Price | 1 | 1 | 744 | 0.1 mi | |
E 5062 S Rainbow Boulevard 104 Active | $194,500 List Price | 1 | 1 | 841 | $231 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this property is well-maintained and features some cosmetic updates such as granite countertops and wood-look laminate flooring. However, it retains much of its original character and basic fixtures typical of its era. It fits the 'fair' category as an aged property that has undergone occasional updates rather than a comprehensive recent renovation.
The unit boasts premium 9-foot ceilings and granite countertops, providing a modern and spacious feel that exceeds standard entry-level condo expectations.
Featuring two private balconies, this property offers exceptional outdoor utility and ventilation, which is a rare and highly desirable find for a one-bedroom floor plan.
Listed at $177,000 with a relatively low $205 monthly HOA fee, this property represents a high-value opportunity for first-time buyers or investors seeking affordability in Las Vegas.
Built in 1987, the property may soon require maintenance or capital improvements to major systems like HVAC or plumbing that are typical for a building of this vintage.
As a one-bedroom unit, the property appeals to a narrower demographic of buyers, which may limit resale liquidity compared to more versatile multi-bedroom configurations.
Spacious 1-bedroom, 1-bath condo featuring soaring 9’ ceilings and abundant natural light throughout. The open living area includes a cozy gas-burning fireplace and large windows that enhance the bright, airy atmosphere. The kitchen is appointed with granite countertops and comes complete with all appliances included. Enjoy outdoor living with two private balconies, perfect for relaxing. A fantastic opportunity offering comfort, style, and convenience!
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 29% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 841 | 1,034 | 28% |
| Lot Size | 5,545 | - | 72% |
| Price | $153.0K | $176.5K | 42% |
| Price per sq ft | $182 | $202 | 45% |
| Built year | 1987 | 1996 | 17% |
| HOA | $205 | $220 | 45% |
| Days on market | 62 | 986 | 3% |
Apr 21, 2026
$153,000
$176,500
-13% Price Drop
Initial Listing
Apr 9, 2026
$176,500
$177,000
+0% Price Increase
Initial Listing
Feb 19, 2026
$177,000
Initial Listing