510 Elm Drive 106, Las Vegas, NV 89169, Las Vegas, 89169 - 1 bed, 1 bath
510 Elm Drive 106
Las Vegas, NV 89169
Property Price
SUMMARY
Analysis of 510 Elm Drive 106, Las Vegas, NV 89169 is currently available with a list price of $147,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready and features recent cosmetic updates including new flooring, fresh paint, and new countertops. While the unit was built in 1985, these recent interior improvements provide a modern aesthetic and address immediate maintenance needs. It is classified as 'good' rather than 'excellent' because the updates appear to be primarily surface-level cosmetics rather than a comprehensive, high-end renovation of all major systems, cabinetry, and structural components.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated just minutes from the Las Vegas Strip and the Sphere, this property offers exceptional proximity to world-class entertainment, dining, and major employment hubs.
- Recent Interior Upgrades
The unit features brand-new flooring, fresh paint, and updated countertops, providing a modern aesthetic and making it move-in ready for a tenant or owner-occupant.
- Investment Potential
With a competitive entry-level price point and a relatively low monthly association fee of $184, this property is well-positioned for investors seeking a high-demand rental area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3145, other record lot size in square feet = 1190.
- Limited Living Space
At only 462 square feet, the compact size of this one-bedroom unit may limit its appeal to single occupants and could pose challenges for storage and furniture layout.
- Low School Ratings
The assigned public schools for this address have low performance ratings (ranging from 2 to 3), which may deter long-term residents with school-aged children.
About 510 Elm Drive 106
Investment opportunity! Beautiful property minutes from the strip and the Famous Las Vegas Sphere. New Flooring, New painting, new counter top.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 3,145 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $184 / Month
Neighborhood Insights
Las Vegas Unified Schools
Dean Petersen Elementary School
Grades PK-5 • 0.7 mi
William E Orr Middle School
Grades 6-8 • 1.2 mi
Valley High School
Grades 9-12 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 45% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 462 | 863 | 6% |
| Lot Size | 3,145 | 974 | 64% |
| Price | $147.0K | $145.0K | 51% |
| Price per sq ft | $318 | $177 | 80% |
| Built year | 1985 | 1973 | 55% |
| HOA | $184 | $240 | 42% |
| Days on market | 58 | 347 | 7% |
Pricing History
Listed for Sale
Jan 8, 2026
$147,000
Initial Listing