
Las Vegas, NV 89118
This condo presents a High-Potential Investment Opportunity with a List Price of $210,000—positioned above the $201,219 Fair Market Value. While the property requires cosmetic updates to improve its Condition Rating of 4, it offers a strategic location just five minutes from the Las Vegas Strip. The unit features a private balcony, access to two community pools, and a fitness center. Given the seller's request to remain as a tenant, this is a stable, income-generating asset ideal for Buy-and-Hold Investors or rental property portfolio managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5055 West Hacienda Avenue 2004 Subject | $210,000* List Price | 2 | 2 | 893 | $225 | - |
A 5055 W Hacienda Avenue 1101 Sold | $208,000 | 2 | 2 | 893 | $233 | 0.2 mi |
B 5055 W Hacienda Avenue 2104 Sold | $200,000 | 2 | 2 | 893 | $224 | 0.2 mi |
C 5131 Lindell Road 106 Sold | $176,500 | 2 | 2 | 965 | $183 | 0.4 mi |
D 5055 HACIENDA Avenue 1046 Sold | $199,900 | 1 | 1 | 755 | $265 | 0.1 mi |
E 5055 W Hacienda Avenue 2102 Sold | $231,500 | 2 | 2 | 1,036 | $223 | 0.2 mi |
F 5055 West Hacienda Avenue 1161 Active | $199,900 List Price | 2 | 2 | 893 | $224 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is over 25 years old and largely retains its original finishes. While the water heater is recently replaced (2 years old) and a new toilet was installed, the overall interior—including carpeting, cabinetry, and paint—appears dated and shows signs of heavy use/clutter, requiring cosmetic updates to meet modern standards.
Situated just five minutes from the Las Vegas Strip and near Allegiant Stadium, this property offers exceptional access to world-class entertainment, shopping, and major transport hubs.
The gated community provides a resort-style lifestyle with two swimming pools, a spa, a fully equipped fitness center, and assigned covered parking, enhancing both security and resident appeal.
Featuring recent updates such as a two-year-old water heater and a new toilet, this second-floor unit offers a turnkey, low-maintenance living experience ideal for busy professionals or investors.
The seller's preference to remain as a tenant limits the property's appeal to investors only, effectively excluding buyers seeking immediate primary residency.
At 893 square feet, the unit's size and 1999 construction year may feel restrictive compared to more modern or spacious condominium options currently available in the Las Vegas market.
Condo located in Gated Community with Private Balcony located 5 minutes from the Las Vegas Strip! Ideal for Mid-Term Rentals - Rental Minimum Lease length is 3 months. Enjoy the benefits of a prime Las Vegas location, providing easy access to local amenities and entertainment. This single-story, 2nd floor unit provides effortless living. Experience the ease of a low-maintenance lifestyle combined with the allure of a desirable address. 2 Bedrooms & 2 full bathrooms with tub/ shower combos, with large mirrored closet in Primary bedroom. Water Heater 2 years old. New Toilet. Fully equipped fitness center, located next to the community pool & spa. 2 Community Pools. Assigned covered parking & plenty of guest parking on site. BBQ on grounds. Minutes to the airport, allegiant stadium, freeway, shopping & park. Current Owner may need a 2-3 month leaseback.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 893 | - |
| Lot Size | 11,477 | - |
| Price | $210.0K | $217.2K |
| Price per sq ft | $235 | $219 |
| Built year | 1999 | 0 |
| HOA | $230 | $0 |
| Days on market | 24 | 828 |
Jun 28, 2026
$210,000
Initial Listing